In a significant development that could reshape Nigeria’s fuel supply landscape, the Major Energies Marketers Association of Nigeria (MEMAN) has announced plans to engage in high-level discussions with the Dangote Petroleum Refinery. The aim is to gain a comprehensive understanding of the refinery’s proposed strategy to supply petroleum products directly to filling stations across the country.
The update was revealed in a post by Nigerian Stories via its official X (formerly Twitter) handle, sending ripples through the nation’s energy sector.
According to MEMAN, the proposed direct-supply model by the Dangote Refinery—Africa’s largest privately-owned oil refinery—could revolutionize fuel distribution, potentially cutting out intermediaries and driving down pump prices for consumers.
“The move by the Dangote Refinery is bold and potentially transformative,” a source within MEMAN disclosed. “However, clarity is needed regarding logistics, pricing, and supply framework to ensure it aligns with the current downstream structure.”
The Dangote Refinery, commissioned amid great national expectation, boasts the capacity to refine 650,000 barrels of crude oil per day. Its entry into direct retail supply could disrupt the traditional supply chain, shifting market dynamics and prompting stakeholders to reassess existing agreements.
Industry watchers say the planned discussions between MEMAN and the Dangote Group will be crucial in shaping the next phase of petroleum product distribution in Nigeria.
As the country grapples with fuel scarcity and fluctuating prices, many Nigerians are looking to the Dangote Refinery for relief. This potential partnership with major marketers could be the key to unlocking smoother, more efficient fuel access nationwide.
More details are expected following the outcome of the anticipated meeting.
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