Some independent marketers partnering with the Dangote Petroleum Refinery may soon sell Premium Motor Spirit (PMS) below ₦739 per litre, as the refinery begins direct product delivery to affiliated stations.
According to sources, Dangote Refinery has commenced virtual training for staff of partner retail outlets, a move expected to precede the rollout of free direct delivery of petrol to those stations.
Marketers in the partnership include MRS, Ardova Petroleum (AP), Garima, Heyden, and Optimal. Aside from MRS, most had yet to sell petrol at Dangote’s recommended rate because they were still awaiting direct supply from the refinery.
Alhaji Abubakar Maigandi, IPMAN National President, said the pricing structure makes it possible for some marketers to sell below ₦739 per litre.
“With a gantry price of ₦699 per litre, there is over ₦25 margin. In a competitive market, some marketers taking free delivery from Dangote can sell below ₦739,” he said.
Checks showed petrol prices in the Federal Capital Territory (FCT) ranging between ₦739 and ₦930 per litre. While MRS sold at ₦739 with noticeable queues, A.A. Rano sold at ₦840, Total at ₦920, and other independent marketers at about ₦930 per litre.
Despite price differences, petrol was generally available across outlets, reflecting prevailing market dynamics.
