Dangote Moves To Ease Cash-Flow Pressure With 10-Day Credit For Dealers

The Dangote Group has introduced a bank-backed 10-day credit facility for petrol station owners and dealers across Nigeria, fixing the gantry price of Premium Motor Spirit (PMS) at N699 per litre as part of a new supply arrangement aimed at improving fuel distribution and easing operators’ cash-flow pressures.

The company disclosed the initiative in a statement posted on its official X handle on Tuesday, inviting petrol station operators nationwide to register and benefit from the scheme.

According to the statement, participating dealers will be entitled to a 10-day credit facility secured with a bank guarantee, subject to a minimum order of 5,000 litres.

The group also announced that free direct delivery to registered stations will commence soon, further reducing logistics costs for operators.

“Our free direct delivery service will commence soon. This offer is open to all petrol station owners and dealers,” the Dangote Group stated.

The company urged operators to promptly register their stations to access the supply arrangement and take advantage of its competitive pricing structure.

“Register your petrol stations today to benefit from our competitive gantry price,” the statement added.

Under the arrangement, petrol supplied to dealers will be sold at a fixed gantry price of N699 per litre, reinforcing the group’s recent downward price adjustment.

The announcement follows a reduction in the ex-depot price of petrol by the Dangote Petroleum Refinery, which cut the price from N828 to N699 per litre.

The N129 reduction represents a 15.58 per cent decrease.

The new price reportedly took effect on December 11, 2025, and marked the 20th petrol price adjustment announced by the refinery within the year, underscoring its active role in shaping pricing dynamics in Nigeria’s downstream petroleum market.