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Dangote Refinery Registers Marketers, Depot Operators For Products Distribution

by Leadership News
2 years ago
in Business
The Dangote Refinery is owned by Dangote, Africa's wealthiest man

The Dangote Refinery is owned by Dangote, Africa's wealthiest man

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Dangote Petroleum Refinery has commenced registration of distributors for the lifting and distribution of refined petroleum products across the country.
So far, members of three prominent associations that constitute 75 per cent of the total market in Nigeria have been registered.

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The associations are: the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), the Independent Petroleum Marketers Association of Nigeria, (IPMAN), and Major Oil Marketers Association of Nigeria (MOMAN).

The company is also considering other marketers that have signified interest in the lifting and distribution of its petroleum products in the country.

Executive secretary, Depot, and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Olufemi Adewole said, the association commenced discussions with Dangote Petroleum Refinery regarding the lifting and distribution of refined petroleum products last year during a meeting between DAPPMAN chairman, Dame Winifred Akpani, the second vice chairman, Alhaji Mahmud Tukur and the president of Dangote Group, Aliko Dangote.

According to him, the meeting was to explore collaboration between the refinery and DAPPMAN members whose nationwide presence will be critical in distributing products from the refinery to the consumers.
He said the refining of petroleum products from Dangote Refinery would accelerate Nigeria’s economic development and provide DAPPMAN members with seamless access to refined petroleum products.
National vice president of IPMAN, Alhaji Hammed Fasola, said the association had declared its intention to lift and distribute petroleum products from Dangote Refinery.
He said: “We have already established a business relationship with Dangote Refinery. We believe that the relationship is going to be a win-win one. Our association owns 80 per cent of the retail outlets in the country and we have all it takes to ensure smooth distribution of petroleum products from Dangote Refinery across the country.”

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Also, the executive secretary/chief executive officer, MOMAN, Clement Isong said MOMAN members have registered with Dangote Petroleum Refinery to become marketers of its products.
Reacting to the spate of reports claiming to be appointed distributors of Dangote Petroleum products, the Management of Dangote Industries Limited noted that the registration of distributors has commenced.
It, however, added that the process of appointment is ongoing, saying “all news regarding the Dangote Refinery should not be taken as a matter of fact if not officially communicated by the company.”

Designed for 100 per cent Nigerian Crude with the flexibility to process other crudes, the Refinery can load 2,900 trucks a day at its truck-loading gantries.
Dangote Petroleum Refinery can meet 100 per cent of Nigeria’s requirement for all refined products (Gasoline, 45 million litres per day; Diesel, 14 million litres per day; Kerosene, 10 million litres per day and Aviation Jet, 2 million litres per day) and have surplus for export.

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