Search

Dangote Refinery, Nigerian Petrol Marketers, Strike Accord on Distribution

Allen dreyfus Logo
© Allen Dreyfus
  • New agreement allows direct purchase of refined products, eliminating middlemen and lowering prices
  • Nigerian National Petroleum Company Limited halts imports, relying solely on domestic refineries

Lagos, Nigeria – Dangote Refinery and the Independent Petroleum Marketers Association of Nigeria (IPMAN) reached an agreement on Monday for the direct sale of refined petroleum products, a move expected to streamline distribution, reduce prices, and ensure a steady supply across Nigeria, according to the marketers.

Recent Business

A busy street of Burkina Faso. Photo by MIGUEL BAIXAULI @ Unsplash
Burkina Faso raises $150mn in oversubscribed WAEMU bond sale
Read More »
Aerial view of Nairobi, Kenya CBD at night. Photo by Click Smith @ Unsplash
South Africa's Nedbank moves into East Africa with $5bn NCBA takeover bid
Read More »
Air cargo on the rise in Africa. Photo by Goh Rhy Yan @ Unsplash
Africa posts 6% air cargo growth in 2025, beating global trend
Read More »

Recent Politics

Raila Odinga was seen as the father of democracy in Kenya. Photo @ Raila Odinga/Facebook
Raila Odinga’s death exposes deep family rift inside Kenya’s opposition ODM
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »

Latest Posts

Latest news insights