Dangote, Marketers Agree on Supply Deal Ahead of Yuletide Season in Nigeria

Dangote Petroleum Refinery has struck a supply deal with marketers through the Petroleum Products Retail Outlets Owners Association, while NNPCL recently exported petroleum products to Dubai.

In a significant development, the Petroleum Products Retail Outlets Owners Association has reached a supply deal with Dangote Petroleum Refinery, allowing for direct lifting of petroleum products from the refinery to depots and retail outlets nationwide. This agreement marks an escalation in the dispute between marketers and the refinery, which had been causing shortages and disruptions in the fuel distribution system. Meanwhile, Nigeria National Petroleum Corporation Limited (NNPCL) has also resumed exports of petroleum products to Dubai as part of efforts to stabilize the nation's energy market. The agreements are expected to ease supply chain bottlenecks and restore normalcy to the fuel distribution sector.