Fuel marketers plan abandoning Dangote Refinery with N877 per litre gantry price
By Jeph Ajobaju, Chief Copy Editor
Fuel marketers have announced plans to abandon buying from Dangote Refinery in favour of cheaper imported products that are N37 cheaper per litre.
Independent Petroleum Marketers Association of Nigeria (IPMAN) spokesman Chinedu Ukadike explained at the weekend that the decision was prompted by the drop in the landing cost of imported fuel to N839.97 per litre, which is N37 cheaper than the N877 gantry price at Dangote Refinery.
“It is due to the liberalisation of the sector, which has set the tune for a price war. Marketers now have the option to buy either at N877 per litre with Dangote Refinery or N839 with MEMAN,” Ukadike told DAILY POST.
“The concern here is why would a local refinery (Dangote) sell petrol higher than imported ones?
“As petroleum product marketers, Nigerians are interested in buying petrol that is cheaper. When we have cheaper fuel, it sells faster.”
The ex-depot prices of Emedab, Gulf Treasure, Ardova, and Bono stand at N875 per litre, while that of Dangote Refinery remains at N877.
At the weekend, however, petrol was sold at between N950 and N965 per litre at retail outlets operated in Abuja by the Nigerian National Petroleum Company Limited (NNPC), MRS, Ranoil, Total, and Emedab.
Marketers have earlier complained about non-supply of petrol by Dangote Refinery despite having paid billions to the refinery that has capacity to produce 650,000-barrels of fuel per day.
It is reported that Dangote Refinery is facing supply shortage which results in producing below capacity.
Data recently released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) shows that Nigerians consumed 613.6 million litres of petrol between 2024 and 10 October 2025.
Read also:
