By Stanley Onyeka, Lagos
Dangote Petroleum Refinery has announced the commencement of a significant national initiative designed to transform Nigeria’s fuel distribution landscape.
Effective August 15th, the Refinery said it will begin the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecoms firms, aviation, and other large users across the country, with free logistics to boost distribution network.
To ensure smooth take-off of this scheme, Dangote Refinery, said in a statement that it has invested in the procurement of 4,000 brand-new Compressed Natural Gas (CNG)-powered tankers.
“This phase of the programme will continue over an extended timeframe. The refinery is also investing in Compressed Natural Gas (CNG) stations, commonly referred to as daughter booster stations, supported by a fleet of over 100 CNG tankers across the country to ensure seamless product distribution.
“This strategic programme is part of our broader commitment to eliminating logistics costs, enhancing energy efficiency, promoting sustainability and supporting Nigeria’s economic development.
“It affirms our dedication to improving the availability and affordability of fuel, in support of broader efforts to strengthen the economy and improve the well-being of all Nigerians,” the statement said.
Key sectors such as manufacturing, telecommunications, and others will also gain from this transformative initiative, as reduced fuel costs will contribute to lower production costs, reduced inflation, and foster economic growth.
Under this initiative, the Refinery said all petrol stations purchasing PMS and diesel from its plant will benefit from this enhanced logistics support.
“Key sectors such as manufacturing, telecommunications, and others will also gain from this transformative initiative, as reduced fuel costs will contribute to lower production costs, reduced inflation, and foster economic growth,” it added.
Players in these key sectors and others can purchase directly from the Dangote Petroleum Refinery.
In addition, the Refinery will offer a credit facility to those purchasing a minimum of 500,000 litres—allowing them to obtain an additional 500,000 litres on credit for two weeks, under bank guarantee.
This pioneering effort marks a major milestone in our vision to revolutionise Nigeria’s energy sector.
It is also expected to revitalise previously inactive petrol stations, thereby driving job creation, stimulating small and medium-sized enterprises (SMEs), increasing government revenue, improving fuel access in rural and underserved communities, and strengthening investor confidence in Nigeria’s downstream petroleum sector.