Oil marketers have disclosed that they are sourcing their petrol supplies from Dangote Refinery and Petrochemical, emphasizing that there are currently no imports.

They noted that the supply chain has stabilized, with marketers now procuring products directly from Dangote Refinery.

In an interview, the National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, said independent oil marketers have no complaints, noting that there is no product shortage and prices are declining, according to Nairameteics.

Ukadike also emphasized that, to his knowledge, no one is currently importing petrol, as all supplies are being sourced from Dangote Refinery.

He said, ‘’Well, since Dangote has reduced his price, and we have not complained of a shortage of products. Even when it’s in the Christmas period, when you know that there is a high level of traffic. There is no shortage of products, and there is no importation.

‘’So, you will find out that the supply chain is stable. So, that one, literally, has also cancelled all these accusations and counteraccusations on petrol importation. I don’t think anybody is importing within this period on that regime. Nobody is importing now. I’m sure that nobody is importing. So, all the supplies we are getting now are from Dangote. You know Dangote has also opened up the market for independent marketers.’’

It was earlier reported that the fuel supply arrangement between Dangote Refinery and 20 major petroleum marketers, which involved a monthly offtake of 600 million litres of petrol, had broken down over pricing disagreements, prompting an increase in petrol imports in November 2025.

The agreement, structured as a pilot arrangement, was aimed at stabilizing domestic supply and easing the recent surge in pump prices.

Surge in Petrol Imports
According to a fact sheet from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, petrol imports rose to 1.563 billion litres in November 2025, up from 828 million litres in October 2025.

However, Dangote Petroleum Refinery denied that the increase in November imports was due to a breakdown in supply arrangements with petroleum marketers, calling such reports inaccurate and misleading.

In its clarification, Dangote Petroleum Refinery stated that no supply agreement with oil marketers had collapsed, noting that its engagement with the downstream market was intentionally structured to meet growing demand while enhancing access, competition, and efficiency.

Independent oil marketers also distanced themselves from claims that the surge in petrol imports in November 2025 was due to a breakdown in supply arrangements with Dangote Refinery.

They emphasized that such reports do not reflect the reality on the ground, highlighting that the start of supplies from Dangote Refinery has markedly improved product availability across the country.

On independent marketers buying directly from Dangote Refinery, Ukadike said, ‘’We are buying directly now from Dangote. Instead of that three-tier distribution process, we are now taking directly, and it (Dangote refinery) has reduced the volume, 250,000 litres. Instead of the 500,000. So, it also means that marketers can just combine and get some product as quickly as possible.’’

Ukadike stated that marketers are pleased with the transparency of Dangote Refinery and anticipate further reductions in prices as operations continue to stabilize.

“Even in this period when fuel is normally high and scarce, day by day you will see a downward review from marketers. So, we are impressed with the level of openness Dangote has introduced in the market. It also makes the market more competitive. The effectiveness of production and pricing, you know, determines price stability and distribution. So, independent marketers were happy, and we applaud that kind gesture.

‘’Once the local pricing is cheap, that will be a drastic price drop, because the transportation logistics are much cheaper and are also more affordable. That policy of supplying directly to Independent marketers has started and it’s paying us tremendously, ‘’ he stated.