Dangote Refinery Targets 600 Million Litres Monthly to Stabilise Petrol Supply, Cuts Diesel Price by ₦50

Independent petroleum marketers have revealed that the Dangote Petroleum Refinery plans to release up to 600 million litres of petrol every month to ease the ongoing fuel supply challenges and curb the recent spike in pump prices across the country.

According to the National Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Ukadike, the refinery is finalising a new distribution framework that will involve 20 selected marketers as its primary distributors.

Ukadike said the plan was discussed during a strategic meeting between the refinery and key stakeholders in the downstream sector, including representatives of A.Y.M. Shafa, A.A. Rano, NNPCL Retail, and Salbas Energy, among others.

“At the meeting, Dangote announced plans to sell directly to 20 selected marketers who will each lift a minimum of two million litres monthly, amounting to about 600 million litres in total,” Ukadike said. He added that the new structure aims to reduce multiple layers of middlemen, improve supply efficiency, and check speculative price increases.

IPMAN’s National Vice President, Hammed Fashola, confirmed the arrangement, noting that while the shortlist of distributors had been finalised, the official list had yet to be made public.

Despite this development, several filling stations in Abuja and other parts of the country have continued to adjust their prices upward amid tight supply. Stations such as Optima Energy increased prices from ₦945 to ₦955 per litre, while A.A. Rano and A.Y.M. Shafa sold petrol at ₦945 and ₦940 per litre, respectively.

IPMAN President Abubakar Shettima blamed depot owners for the sharp price hikes, accusing them of exploiting the temporary halt in fuel loading at the Dangote Refinery. “Depot operators raised their prices when they realised Dangote had paused loading. Once the refinery resumes sales, prices will come down,” Shettima assured.

In a related development, the Dangote Petroleum Refinery and Petrochemicals FZE announced a ₦50 reduction in the ex-depot price of diesel (AGO) to bring relief to transporters and industries.

A circular issued by the refinery’s Group Commercial Operations Department stated that the gantry price of diesel was reviewed downward from ₦960 per litre to ₦910 per litre, effective October 15, 2025.

The notice, titled “AGO Gantry Price Reduction”, thanked customers for their continued support, saying:

> “Please be informed that the gantry price for Automotive Gas Oil has been revised from ₦960/Litre to ₦910/Litre, effective October 15, 2025. Thank you for your continued patronage.”

The twin moves — petrol distribution reform and diesel price cut — are expected to boost fuel availability, stabilise market prices, and ease inflationary pressure in the downstream sector.