Nigerian petroleum product marketers have announced plans to abandon Dangote Refinery’s petrol in favour of cheaper imported fuel.
The spokesperson of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Chinedu Ukadike, disclosed this on Friday.
This follows the drop in the landing cost of imported fuel to N839.97 per litre, which is N37 cheaper than Dangote Refinery’s gantry petrol price of N877 per litre.
Commenting on the development, Ukadike hinted that petroleum marketers would opt for imported fuel to enable Nigerians to access cheaper petrol.
He noted that the price disparity was a result of the liberalisation and deregulation of the country’s downstream sector.
“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.
“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,” he told DAILY POST.
Gong-news gathered that ex-depot prices of Emedab, Gulf Treasure, Ardova and Bono stood at N875 per litre, while that of Dangote Refinery remained at N877.
As of Friday evening, petrol was being sold at between N950 and N965 per litre at Nigerian National Petroleum Company Limited, NNPCL, MRS, Ranoil, Total and Emedab retail outlets in Abuja.
Gong-news reports that the ongoing price war among operators in the sector may lead to a reduction in the current retail price in the coming days.
It will be recalled that recent data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, showed that Nigerians consumed 613.6 million litres of petrol between 2024 and October 10, 2025.
Earlier, marketers had complained about the non-supply of petrol by Dangote Refinery despite having paid billions to the 650,000-barrel-per-day facility.
Dangote Refinery has been experiencing a supply setback, resulting in a nationwide petrol shortage.
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