Nigerians may soon experience a drop in fuel prices as petroleum marketers confirm that loading activities have resumed at the Dangote Refinery. This development follows weeks of fuel supply shortages and rising pump prices across the country.

The President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, told DAILY POST that its members have begun lifting petrol at the 650,000-barrel-per-day refinery. He explained that this renewed supply would help stabilize the market and reduce the cost of Premium Motor Spirit (PMS).

“Our members have started loading petrol at N877 per litre, up from N820,” Maigandi said. “With more product availability, the price of petrol will definitely drop soon, though I can’t specify by how much.”

Similarly, the National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, expressed optimism that the fresh supply from Dangote Refinery would ease the burden on consumers. He emphasized that consistent availability of petrol from both Dangote and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) would ensure stability and affordability nationwide.

Recent checks across Abuja revealed that several filling stations, including MRS, Emedeb, Optima, and Bova, have resumed dispensing petrol. The development comes after two weeks of sharp price increases, with fuel selling between N940 and N965 per litre. Experts say the resumed operations at the refinery signal a positive turn for Nigeria’s energy sector and could restore confidence among consumers.