In a decisive move to regulate fuel distribution and ensure transparency, the Dangote Refinery has announced that it will no longer sell petrol (PMS) to unregistered or unauthorized marketers. The decision is aimed at sanitizing the downstream sector and strengthening accountability in Nigeria’s fuel supply chain.
The announcement comes as the refinery, Africa’s largest and one of the world’s biggest single-train facilities, begins to establish itself as a key player in Nigeria’s petroleum market.
Why Dangote Refinery Took the Step
According to industry sources, the restriction on sales to unregistered marketers is designed to curb sharp practices, hoarding, and diversion of petrol to the black market. By selling only to verified dealers, the refinery intends to protect consumers from inflated pump prices and ensure steady supply at official rates.
The move also aligns with efforts to create a more transparent and efficient distribution network as Nigeria continues its transition away from subsidy regimes and fuel import dependence.
Impact on Petrol Supply and Prices
Analysts say the refinery’s decision could have a significant impact on the fuel market. While it may temporarily limit access for some smaller marketers, the policy is expected to stabilize distribution in the long run, reduce artificial scarcity, and guarantee that petrol gets to end-users without unnecessary price hikes.
Consumers are hopeful that the crackdown on unregistered marketers will translate into fairer pricing and improved availability of petrol across Nigeria.
Dangote Refinery’s Role in Nigeria’s Energy Market
Commissioned in 2023, the Dangote Refinery is a $20 billion project with the capacity to refine 650,000 barrels of crude oil per day. It is widely expected to transform Nigeria from a net importer of refined fuel products into a potential exporter within Africa.
The refinery’s stance on accountability and regulation signals its commitment to building credibility and sustainability in Nigeria’s petroleum sector.
Looking Ahead
As the Dangote Refinery continues ramping up operations, stakeholders believe its policies will shape the future of Nigeria’s oil and gas industry. The decision to stop selling petrol to unregistered marketers may serve as a catalyst for greater transparency and efficiency in fuel distribution nationwide.
