Key Highlights Impact of Dangote Refinery on Nigeria’s Petroleum Sector Tank farm owners and private fuel depots in Nigeria’s midstream petroleum sector are grappling with declining sales following the entry of Dangote Refinery into the market. The refinery, located in Lekki, Lagos, has disrupted the industry by directly supplying refined petroleum products to marketers, a […]
Optimism Among IPMAN MembersThe Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed confidence that its members will begin loading petroleum products from the Port Harcourt refinery this week. The refinery, which is owned by the Nigerian National Petroleum Corporation (NNPC) Limited, has resumed operations, processing 60,000 barrels per day at 70% capacity. Current Refinery […]
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The price of fuel from Dangote Refinery was greater than the price of the product from other suppliers as of last week, according to a statement released on Friday by the Independent Petroleum Marketers Association of Nigeria, or IPMAN. In addition to saying that members must feel sorry for Nigerians, IPMAN advised them to move […]
