The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) says its members supply about 60 per cent of the petroleum products consumed across the country and will maintain this role all through 2026 to support national energy security.
The association made this known in a virtual address by its chairman, Moroti Adedoyin-Adeyinka, who said the past year marked a major turning point for Nigeria’s downstream petroleum sector.
She stated that 2025 brought several policy and regulatory changes that reshaped how fuel is supplied and priced, creating a more competitive market.
She further explained that the removal of petrol subsidy and the implementation of the Petroleum Industry Act (PIA) changed pricing structures and increased the responsibility of private marketers to keep fuel available. According to her, operators now work in a market where prices reflect supply costs rather than government controls.
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Adedoyin-Adeyinka stressed that the entry of new players, including the Dangote Refinery, affected market share and pricing but this was part of the transition to a more open system. She noted that although the early months of 2025 brought uncertainty, supply and pricing became more stable toward the end of the year as competition increased.
She added that this competition helped reduce the risk of fuel shortages, even as inflation and foreign exchange pressures continued to push up the cost of imported products.
The association said its role remains important because fuel shortages in Nigeria often disrupt the economy and daily life. It pledged to continue working with government agencies and regulators to keep products available nationwide.
DAPPMAN also called for stronger safety measures in fuel transportation, noting that accidents, vandalism and depot fires still pose risks in the downstream sector.
