NewStats: 3,263,108 , 8,179,127 topics. Date: Wednesday, 04 June 2025 at 05:51 PM 5q241l

Petroleum product marketers are eagerly waiting for the Dangote Petroleum Refinery product price list, The Nation learned at the weekend.

Abubakar Maigandi, the National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), expressed the association’s urgency to obtain the list during a phone conversation with The Nation.

He said the intention is to promptly present the list to its .

He said: “We want to know Dangote petroleum products prices. We will request it so that we can give it to our .”

Maigandi also revealed the intention of the association’s executive to follow up on the request for product allocation from the refinery.

The Nation on Monday reported that IPMAN has applied for allocation of products from the refinery.

Meanwhile, the national president at the weekend noted that with the commencement of production at the refinery, the association is now more desirous of the request than ever.

This is coming on the heels of the refinery’s announcement of commencement of production in a press statement on Saturday.

According to the statement, the plant has kicked off with the production of diesel and aviation fuel.

President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his , encouragement, and thoughtful advice towards the actualisation of this project.

Dangote, said the statement, also thanked the Nigerian National Petroleum Company Limited (NNPC Limited), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and Nigerians for their and belief in the historic project.

He said: “We thank President Bola Tinubu for his and for making our dream come true. This production, as witnessed today, would not have been possible without his visionary leadership and prompt attention to detail.

His intervention at various stages cleared all impediments thereby accelerating the actualisation of the project. We also thank the NNPC, NUPRC, and NMDPRA for their . These organisations have been our dependable partners in this historic journey. We also thank Nigerians for their belief and in this project. We have started the production of diesel and aviation fuel, and the products will be in the market within this month once we receive regulatory approvals.”

“This is a big day for Nigeria. We are delighted to have reached this significant milestone. This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects. This is a game changer for our country, and I am very fulfilled with the actualisation of this project.”

The refinery has so far received six million barrels of crude oil at its two SPMs located 25 kilometres from the shore. The first crude delivery was done on December 12, 2023, and the 6th cargo was delivered on January 8, 2024.

The Refinery can load 2,900 trucks a day at its truck-loading gantries. The products from the Refinery will conform to Euro V specifications. The refinery design complies with the World Bank, US EPA, European emission norms, and Department of Petroleum Resources (DPR) emission/effluent norms, employing state-of-the-art technology.

He added: “I must extend our sincere appreciation to our Bankers and financiers, both local and offshore, who demonstrated a great deal of patience, in seeing us through many difficult times. In the same vein, we thank the Government of Lagos State, under the leadership of Babajide Sanwo-Olu, who has been incredibly proactive in ensuring that the many challenges we encountered in the course of executing this project were quickly resolved. I thank him immensely.”

“I also sincerely thank our host communities and their Traditional leaders for their sustained patience, forbearance, and irable willingness to work with us to find amicable and win-win resolutions to the many issues we have had to deal with as the construction of this huge facility progressed. Our staff have also contributed so immensely to the success of this project. I thank them profusely.”

https://thenationonlineng.net/marketers-await-dangote-petroleum-product-price-list/

May it be more cheaper than expected.

Ok

Nigerians are happy😊
When is said Nigerians is meant the real NIGERIANS.

Welldone Dangote my mentor!

I pray this position Nigeria to a greater heights and benefits both the buyer and the seller

Maybe N650/l for fuel.

Ok

Now we know the reason behind filling station locking up their station

Abeg, let the price be 100naira per litre

Pity we V6 owner o, e no funny to dey use more than 100k to fuel just a car per month despite the fact sey I no dey do Uber

Abeg o

When was the refinery commissioned again?

Oo

Even if Dangote buys Crude Oil at international price that has been set, then his refined products should be cheaper that what we import, as importation (shipping) and port and custom charges have been totally eliminated.

Also, the cost of labour to operate his refinery in Nigeria is way cheaper than the cost of labour of the foreign refineries whose products we have been importing.

Hopefully it will be cheaper

The price is so unpredictable.Currently there is scarcity and price of petrol went up and u see queue usually on nnpc outlets on the only available low quantity.Will Dangote sell at the current 570/615 naira official price or they sell more than the current price.We will see to the end of the game

Make Dangote no carry us handicap
it shouldn't be expensive from my point of view
i am looking at 500naira/litre for AGO

It will certainly be better! Dollar and heavy payments for transportation are no longer involved!

Buying crude from NNPC, shipping abroad to process and using scarce Forex to buy and ship back is crazy. These people and Dangote group should be monitored not to rip off the masses!

May sayers...

Make dem go sidown!!!

Most of these greedy marketers will soon be out of business.

The days of reaping Nigerians off while hiding under FX rate are over.

Waiting to see what their selling price will be 👀

May it bring solace to the present suffering 🙏

If it is not cheaper or the same time price with imported ones wetin marketers go gain?

With the current dollar/naira rate, i hope the outcome will not increase the nightmares of Nigeria.

A

Why can't Nigerian govt build this refinary

Corrupt marketers looking for another reap off

Okay, waiting.

Looking forward to 150 naira per litre

Dangote : Setting standards.

Slow and steady we will get to the nation of our dreams,
Whether the evil and wicked ones like it or not.

God bless all sane, honest and hardworking Nigerians.

God bless Nigeria 🇳🇬

If these greedy fellows dare try to rip Nigerians off any further.

The they'll be need to reassess the control of our resources.

holophs:
With the current dollar/naira rate, i hope the outcome will not increase the nightmares of Nigeria.

Did he import the crude?

atobs4real:

Did he import the crude?

No, it was source locally.

chubinwa:
Why can't Nigerian govt build this refinary

This is the question we have been asking all out government since 1960!!
Oil was first discovered in Nigeria in 1956 in Oloibiri, Bayelsa State.

And since then, not a single refinery,
And that is what just ONE man us doing now.
A big shame on the so call Giant Of Africa.

Anything to bring down price of fuel has my full .

hmmm

atobs4real:

Did he import the crude?

Did he import cement

Another banger