{"id":137990,"date":"2024-11-12T09:36:30","date_gmt":"2024-11-12T08:36:30","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/ipman-dumps-fuel-import-for-dangote-petrol"},"modified":"2024-11-12T10:43:04","modified_gmt":"2024-11-12T09:43:04","slug":"ipman-dumps-fuel-import-for-dangote-petrol","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/ipman-dumps-fuel-import-for-dangote-petrol","title":{"rendered":"IPMAN dumps fuel import for Dangote Petrol"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Independent Petroleum Marketers Association of Nigeria, IPMAN, directed all its members to lift Premium Motor Spirit, PMS, exclusively from Dangote Refinery and Petrochemicals Company to crash prices.<\/p>\n<p>The National President of IPMAN, Abubakar Maigandi, disclosed on Monday at a press conference in Abuja.<\/p>\n<p>Accordingly, this move, which puts an end to IPMAN\u2019s previous plans to engage in the importation of petroleum products, is expected to strengthen the nation\u2019s supply chain for refined products and ensure a more stable and affordable fuel market across Nigeria.<\/p>\n<p>With the development, IPMAN members will directly receive PMS, Automotive Gas Oil, AGO (also known as diesel), and Dual Purpose Kerosene, DPK, directly from the Dangote Refinery for distribution to depots and retail outlets nationwide.<\/p>\n<p>\u201cThe Dangote Refinery has obliged IPMAN to lift PMS, AGO, and DPK directly for onward supply to IPMAN depots and retail outlets,\u201d Maigandi explained. \u201cThis arrangement will ensure steady and seamless supply of petroleum products all over Nigeria at an affordable rate for all Nigerians.\u201d<\/p>\n<p>He also lauded Aliko Dangote, the President of the Dangote Group, for fostering a collaborative relationship between the refinery and IPMAN, emphasising the long-term benefits of supporting local refineries. Maigandi called on all IPMAN members to support this initiative, noting that it aligns with the government\u2019s economic vision and strengthens Nigeria\u2019s foreign exchange position. He further underscored the importance of local refining in creating jobs, boosting the economy, and ensuring national self-sufficiency in petroleum products.<\/p>\n<p>\u201cAll IPMAN members should fully support the Dangote Refinery, as it is the ideal thing to do considering the monumental benefits of backwards integration as a medium for the long-term impact it will have on the foreign exchange market in Nigeria,\u201d Maigandi continued.<\/p>\n<p>\u201cIPMAN members should rely on Dangote Refinery and other Nigerian refineries for products, as this will translate to more job opportunities in Nigeria as well as signify total support for President Bola Ahmed Tinubu\u2019s renewed agenda.\u201d<\/p>\n<p>The development has brought an end to the controversy between oil marketers and Dangote Refinery over fuel prices in the last few days.<\/p>\n<p>Dangote Refinery last week revealed that its gasoline is sold at N960 and N990 per litre for ships and trucks.<\/p>\n<p>Earlier, IPMAN had insisted that imported fuel is cheaper than Dangote\u2019s petrol.<\/p>\n<p>This comes as Nigerians buy petrol between N1,060 and N1,200 across filling stations in the country.<\/p>\n<p><strong>For More News And Analysis About Nigeria Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Independent Petroleum Marketers Association of Nigeria, IPMAN, directed all its members to lift Premium Motor Spirit, PMS, exclusively from Dangote Refinery and Petrochemicals Company to crash prices. The National President of IPMAN, Abubakar Maigandi, disclosed on Monday at a press conference in Abuja. Accordingly, this move, which puts an end to [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":137988,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1233,1455,254],"class_list":["post-137990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-dangote","tag-ipman","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IPMAN dumps fuel import for Dangote Petrol - Nigeria<\/title>\n<meta name=\"description\" content=\"The Independent Petroleum Marketers Association of Nigeria, IPMAN, directed all its members to lift Premium Motor Spirit ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/ipman-dumps-fuel-import-for-dangote-petrol\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IPMAN dumps fuel import for Dangote Petrol\" \/>\n<meta property=\"og:description\" content=\"The Independent Petroleum Marketers Association of Nigeria, IPMAN, directed all its members to lift Premium Motor Spirit ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/ipman-dumps-fuel-import-for-dangote-petrol\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-12T08:36:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-12T09:43:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/11\/sm_1731391937.847111.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/ipman-dumps-fuel-import-for-dangote-petrol#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/ipman-dumps-fuel-import-for-dangote-petrol\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"IPMAN dumps fuel import for Dangote Petrol\",\"datePublished\":\"2024-11-12T08:36:30+00:00\",\"dateModified\":\"2024-11-12T09:43:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/ipman-dumps-fuel-import-for-dangote-petrol\"},\"wordCount\":415,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/ipman-dumps-fuel-import-for-dangote-petrol#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/11\/sm_1731391937.847111.jpg\",\"keywords\":[\"Dangote\",\"IPMAN\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/ipman-dumps-fuel-import-for-dangote-petrol#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/ipman-dumps-fuel-import-for-dangote-petrol\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/ipman-dumps-fuel-import-for-dangote-petrol\",\"name\":\"IPMAN dumps fuel import for Dangote Petrol - 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