The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on all dealers receiving direct deliveries from the Dangote Petroleum Refinery to adhere to the N739 per litre pump price, which was set by the refinery for designated retail outlets.

In a telephone interview, IPMAN National President, Alhaji Abubakar Maigandi, emphasized the importance of maintaining consistency in the market, urging that independent marketers who benefit from free delivery from Dangote Refinery should sell petrol at the refinery’s recommended price.

Free Delivery and Price Reduction

As part of its distribution model, Dangote Refinery purchased 4,000 Compressed Natural Gas (CNG) powered tankers last year to facilitate free delivery of petrol to its partner petrol stations. The refinery also implemented a nationwide reduction in pump prices, with the new rate set at N739 per litre for its retail outlets.

As of December 2025, only MRS Oil complied with the new pricing structure. Reports indicated that other stations still awaited the free delivery from Dangote Refinery before they could adjust their prices accordingly.

Uncertainty Amid Tax Reforms

Maigandi also highlighted uncertainty among marketers regarding recent tax reforms and how these changes might affect their pricing and sales strategies. He explained that many marketers are still in the dark about the specifics of the new tax laws, which has led to a delay in price adjustments at some stations.

“We are still waiting for things to unfold regarding the new tax reforms. The market is witnessing a decline in petrol prices across the country, but we are unsure how the tax changes will impact us,” Maigandi stated.

Focus on Crashing Pump Prices

Despite the confusion over tax changes, Maigandi pointed out that the most noticeable trend in the Nigerian petrol market was the crashing pump prices. This has been a key feature for stations nationwide, with many selling at lower prices than before, in response to the new market dynamics.