By John Egbokhan
Dangote Petroleum Refinery has said it will commence the nationwide distribution of diesel and premium motor spirit (PMS), also known as petrol, on August 15.
According to a statement, the energy firm said it has secured 4,000 new compressed natural gas (CNG)-powered tankers to boost its fuel distribution capacity across the country.
The refinery stated that the rollout will be phased and supported by investments in CNG stations and over 100 mobile CNG tankers to guarantee efficient last-mile delivery.
Dangote Refinery said it will supply petroleum products directly to marketers, petrol dealers, manufacturers, telecom firms, aviation players, and other large-scale users, at no additional logistics cost.
“This strategic programme is part of our broader commitment to eliminating logistics costs, enhancing energy efficiency, promoting sustainability and supporting Nigeria’s economic development,” said the ompany.
“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.
“Under this initiative, all petrol stations purchasing PMS and diesel from the Dangote Petroleum Refinery 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. Players in these key sectors and others can purchase directly from the Dangote Petroleum Refinery.”
To achieve the initiative, the refinery said it is offering a two-week credit facility for buyers who purchase at least 500,000 litres of PMS or diesel.
The company said such buyers will be eligible to receive another 500,000 litres on credit, subject to bank guarantees.
It said registration and know your customer (KYC) processes for interested stakeholders will run from June 16 to August 15.
“This move is aligned with the Renewed Hope Agenda of President Bola Ahmed Tinubu,” the statement reads.
“It reflects a shared vision of economic stability, industrial growth and inclusive development.
“We also thank the federal government for its support, particularly through the Naira-for-Crude scheme, which has helped stabilise fuel supply amid global volatility.”
“This is a major revolution in Nigeria’s midstream and downstream oil sector. We are committed to ensuring equitable fuel access for all Nigerians, wherever they may be,” the company said.
