- IPMAN expressed confidence that negotiations with Dangote would yield lower rates in terms of pricing
The Independent Petroleum Marketers Association of Nigeria, (IPMAN), has finally secured an agreement with Dangote Refinery to lift products directly.
Abubakar Garima, IPMAN National President, announced this on Monday after a meeting of the National Working Committee of the Association in Abuja.
“We’re pleased to announce that Dangote Refinery has agreed to supply IPMAN with PMS, AGO, and DPK directly for distribution to our depots and retail outlets,” Girima said after meeting Aliko Dangote, Chairman of the Dangote Group.
Garima also expressed confidence that negotiations with Dangote would yield lower rates in terms of pricing.
He urged IPMAN members to support Dangote Refinery, citing backward integration benefits and positive impacts on Nigeria’s Foreign Exchange market.
On Compressed Natural Gas, CNG, the IPMAN President said the Association is preparing for a seamless transition to CNG refill stations nationwide as it is currently negotiating with the presidential CNG initiative.
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