Oil & Energy
Fuel Hike: IPMAN Seeks Functional Depots
The Independent Petro
leum Marketers Association of Nigeria (IPMAN) has blamed the high cost of petroleum products on non-functional depots in the country.
The Eastern Zonal Chairman of IPMAN, Chief Chukwudi Ezinwa, said this in Enugu yesterday, while briefing journalists on its activities.
Ezinwa said the price of petroleum products would fall when all the 21 depots in the country were functional,
He urged the Federal Government to reactivate the depots in the country in order to ensure availability of petroleum products.
The chairman, who also argued that the deregulation of the oil sector would boost the economy if well managed, said: “We are not afraid of deregulation. It is the best thing that can happened to marketers.
“The end users will not benefit from it if they cannot buy fuel and kerosene at government price.’’
Ezinwa, however, commended the Federal Government over its plan to build two refineries, saying that it would go a long way in transforming the country.
“When we have our refineries, the practice of taking our crude oil out to refine it will be a thing of the past,’’ he said.
On vandalism of pipelines, especially in the South East Zone, Ezinwa said it was the responsibility of all tiers of government as well as communities to fight the menace.
“The Federal Government is doing its best to reactivate the pipeline from Port Harcourt to Enugu but the problem is the non-involvement of the state governors of the zone.
“Governors of every state, especially those in the South East, should join the fight against vandalism because they receive security vote. The Federal Government alone cannot do it.
“The time has come for them to utilise the security vote, particularly now that we have security issues in the country,’’ he said.
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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