IPMAN Set to Partner with Dangote Refinery on Crude Oil Supply

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LThe Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that it has received a letter from Dangote Refinery, inviting the association to patronize their crude oil. This development was disclosed by IPMAN’s President, Abubakar Maigandi, during a recent interview on Arise TV.

Maigandi expressed the association’s enthusiasm for the invitation, stating that they have already held internal discussions on the matter. He revealed that IPMAN will engage in talks with Dangote Refinery next week to discuss pricing and other details of the partnership.

This potential collaboration is seen as a significant step towards enhancing the supply of crude oil in Nigeria’s downstream sector. IPMAN, which comprises independent marketers of petroleum products, is expected to benefit from the partnership by ensuring a steady supply of crude oil for its members.

The Dangote Refinery, owned by Africa’s richest man, Aliko Dangote, is a state-of-the-art facility that aims to reduce Nigeria’s reliance on imported petroleum products. The refinery’s invitation to IPMAN underscores its commitment