Categories: Business

Independent Marketers Seek Allocations From Dangote Refinery

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has sent a letter to Dangote Petroleum Refinery, requesting for allocation of products from the plants.
Its National President, Alhaji Abubakar Maigandi broke the news on phone to The Nation at the weekend.

He noted that although the refinery is yet to respond to the request, the association is set to send a follow up mail to the plant.

According to him, IPMAN members, who own 80 per cent of the retail outlets nationwide, want to secure direct allocation from the 650,000 barrels per day refinery for onward distribution to the consumers.

He said the association is optimistic that its delegation will meet with the management of the refinery now that the Yuletide is over.

His words: “We wrote to Dangote Refinery and we are waiting for his response. We have sent another letter.

“We want him to give us part of his allocation from his production since we cover more than 80 per cent of Nigeria.

“We want to partner him so that he can give us allocation to give to our marketers.

“It is when we hold a meeting with him that we will request for specific volume of products.

“So, we are waiting for his response. Once he is reading to grant us audience we will go and see him.

“I think the festivity was delaying his response for us to meet him. Now that the holiday us over, I know we can see him.”

The Dangote Petroleum Refinery at the weekend announced the receipt of its fifth one million barrels of Bonny Light grade crude oil from the Nigerian National Petroleum Company Limited (NNPCL).

The refinery, which looks forward to receiving its sixth one million barrels vessel soon, needs a stock of six million barrels of crude oil to commence production.
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