Oil & Energy
…As IPMAN Directs Members To Adjust To New Price

The Independent Petroleum Marketers Association of Nigeria (IPMAN), has directed its members to adjust to the new Premium Motor Spirit (PMS) pump price of N123.50 per liter approved by the Federal Government.
The National Public Relations Office of IPMAN, Alhaji Suleiman Yakubu, told The Tide source in Abuja, yesterday, that most filling stations have adopted the new price, and that others will also abide in due course.
“We support the government and its policies, as we also know that government has its citizens’ welfare at heart.
“Some of the marketers just took products before the reduction, so it came as a shock, we will find a way to deal with the situation,”yakubu assured.
The IPMAN spokesperson, advised IPMAN members to obey the government directive as the country is currently on lockdown as a result of the COVID-19 pandemic.
“We have to adjust to what the template gives.”He said.
The Federal Government had on March 18, reduced the pump price of PMS (petrol) from N145.00 to N125.00.
It was further reduced on March 31, from N125.00 to N123.50k per liter with effect from April 1.
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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.