The Dangote Group has announced a new fuel supply arrangement that introduces a 10-day credit facility for petrol station owners and fuel dealers.
The development was disclosed in a statement released on the company’s official X (formerly Twitter) account and is aimed at addressing cash-flow and distribution challenges within Nigeria’s downstream petroleum sector.
Under the arrangement, participating dealers are required to place a minimum order of 5,000 litres and will be granted a 10-day payment window secured by a bank guarantee. Fuel supplied under the scheme will be sold at the refinery’s gantry price of ₦699 per litre, down from the previous ₦828 per litre.
The statement noted that the initiative reflects changes in Nigeria’s post-subsidy fuel market, where refiners are increasingly adjusting pricing, credit terms, and logistics models in response to competitive pressures.
The inclusion of direct delivery is expected to reduce upfront transportation costs for participating retailers.
Industry analysts say the arrangement may intensify competition in the downstream sector, particularly for import-dependent marketers and smaller operators without access to comparable financing or logistics capacity.
