The Independent Petroleum Marketers Association of Nigeria (IPMAN) says its members have temporarily suspended the loading of Premium Motor Spirit (PMS), also known as petrol, from the Dangote Refinery following the refinery’s halt in petrol loading operations.
The development was disclosed by the Western Zone Chairman of IPMAN, Oyewole Akanni, in an interview with the News Agency of Nigeria (NAN).
According to Akanni, the suspension has forced marketers to source petrol from private depots, where prices have risen significantly, creating uncertainty across the downstream sector.
He said fluctuations in depot prices have prompted many marketers to delay fresh purchases, while some filling stations have temporarily shut down after exhausting their existing stock.
Akanni explained that the refinery reportedly suspended petrol loading operations about four days ago without prior notice to marketers or an official explanation.
