The Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed dissatisfaction with the Nigerian National Petroleum Company Limited (NNPCL) for selling petrol from the Dangote Refinery at a higher price than imported fuel.
John Kekeocha, IPMAN’s National Welfare Officer, voiced his concerns during an appearance on Channels Television’s *Morning Brief* on Monday, stating, “If NNPC can sell Dangote products higher than imported products, then it doesn’t make sense. What is the celebration we’ve been having all this while?”
The NNPCL recently began distributing petrol from the Dangote Refinery, purchasing it at N898 per litre, compared to the price of N855 per litre for imported fuel sold at NNPC retail outlets in Lagos. Despite this, Dangote-sourced petrol is now being sold for N950 per litre in Lagos and as high as N1,019 in Borno State.
Kekeocha’s comments highlight growing concerns over the pricing structure and its impact on the fuel market, with questions raised about the benefits of sourcing from a local refinery.
