RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Commodities

Dangote Refinery Launches Nationwide Fuel Distribution with Free Logistics

Victoria Attah by Victoria Attah
June 16, 2025
in Commodities, Economy
Reading Time: 2 mins read
A A
0
Dangote Refinery: Weep Not Child By Duke of Shomolu
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

Dangote Petroleum Refinery is set to revolutionize Nigeria’s fuel market with the launch of a nationwide distribution program for Premium Motor Spirit (PMS) and diesel, starting August 15, 2025. The initiative, announced via the company’s official X account on Sunday, includes free logistics support for registered petrol dealers, marketers, manufacturers, telecom firms, aviation operators, and other large-scale consumers, aiming to enhance affordability and accessibility across the country.

Innovative Distribution Network

To facilitate seamless delivery, Dangote Refinery has deployed 4,000 new Compressed Natural Gas (CNG)-powered tankers and is establishing CNG daughter booster stations and mini distribution hubs supported by over 100 CNG-powered vehicles. This infrastructure is designed to reduce logistics costs, expand fuel access, and promote cleaner energy solutions nationwide.

AlsoRead

Dangote Refinery Cuts Petrol Gantry Price to N1,200 per Litre Amid Global Oil Uncertainty

Federal High Court Nullifies CBN’s Dissolution of Union Bank Board, Orders Immediate Reinstatement

CBN Lowers Yields on Two Tenors at March 25 Treasury Bills Auction Amid Liquidity Glut

Economic Benefits

The program is poised to deliver significant economic advantages, including:

  • Reviving inactive petrol stations by improving fuel availability.
  • Reducing distribution and production costs, easing the financial burden on businesses.
  • Creating jobs across the fuel supply chain, from logistics to retail.
  • Supporting small and medium-sized enterprises (SMEs) by lowering energy costs.
  • Enhancing fuel access in rural and underserved areas, fostering economic stability.

By cutting operational costs, the refinery expects the initiative to help curb inflation and support Nigeria’s economic recovery, particularly in vulnerable regions.

Support for Bulk Buyers

Dangote Refinery is offering direct sales to fuel marketers, manufacturers, telecom companies, and other major users, with complimentary delivery for petrol stations sourcing directly from the refinery. Additionally, a credit facility allows bulk buyers purchasing at least 500,000 litres to access an extra 500,000 litres on credit, repayable within two weeks, provided they submit a valid bank guarantee.

Government Collaboration

The refinery credited the Federal Government’s Naira-for-Crude exchange scheme for stabilizing fuel supply amid global market fluctuations. This partnership has bolstered the refinery’s ability to maintain a consistent supply chain.

Commitment to Sustainability

Dangote Refinery emphasized its dedication to making energy affordable, accessible, and sustainable for all Nigerians, from urban industries to rural communities. The initiative is expected to strengthen investor confidence in the downstream petroleum sector, contributing to broader economic growth.

Tags: Dangote
Previous Post

Nigeria and 35 other countries at risk as U.S. plans major expansion of travel ban list

Next Post

NGX and SEC Strengthen China Ties to Boost Nigeria’s Capital Market

Related News

Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery Cuts Petrol Gantry Price to N1,200 per Litre Amid Global Oil Uncertainty

by Akpan Edidong
March 27, 2026
0

Dangote Petroleum Refinery & Petrochemicals has lowered its ex-depot (gantry) price for Premium Motor Spirit (petrol) to N1,200 per litre,...

Union Bank Completes Delisting Procedure from NGX

Federal High Court Nullifies CBN’s Dissolution of Union Bank Board, Orders Immediate Reinstatement

by Stephen Akudike
March 26, 2026
0

A Federal High Court in Lagos has nullified the Central Bank of Nigeria’s (CBN) decision to dissolve the board and...

CBN Supplies $29.5 Million at FX Auction as Naira Depreciates at I&E Window.

CBN Lowers Yields on Two Tenors at March 25 Treasury Bills Auction Amid Liquidity Glut

by Stephen Akudike
March 26, 2026
0

The Central Bank of Nigeria (CBN) reduced interest rates on two key maturities at its Treasury Bills auction held on...

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX Market Cap Drops Below N129 Trillion as Profit-Taking Weighs on Banking Stocks

by Stephen Akudike
March 26, 2026
0

The Nigerian Exchange Limited (NGX) reversed its recent upward momentum on Wednesday, March 25, 2026, as sustained profit-taking in major...

Next Post
Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX and SEC Strengthen China Ties to Boost Nigeria’s Capital Market

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Blacklists Chronic Loan Defaulters, Bars Them from Banking Services

March 27, 2026
Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery Cuts Petrol Gantry Price to N1,200 per Litre Amid Global Oil Uncertainty

March 27, 2026

Popular Story

  • NEC Affirms CBN $3 Billion Loan for Naira Stability

    CBN Blacklists Chronic Loan Defaulters, Bars Them from Banking Services

    0 shares
    Share 0 Tweet 0
  • Dangote Refinery Cuts Petrol Gantry Price to N1,200 per Litre Amid Global Oil Uncertainty

    0 shares
    Share 0 Tweet 0
  • Sudden Chaos Strikes Binance as Banking Partners Slam the Door on USD Transactions.

    0 shares
    Share 0 Tweet 0
  • 31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0
  • Naira Hits Seven-Week Low, Trading at N1480/$1 in the Black Market

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>