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Depot price hike: Marketers jostle to join Ardova, Heyden in Dangote Refinery bulk-purchase incentives
Depot price hike: Marketers jostle to join Ardova, Heyden in Dangote Refinery bulk-purchase incentives
… for competitive pump price
Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are jostling to be listed as beneficiaries of the agreement.
The bulk-purchase agreement, the petroleum marketers reasoned, offers a guaranteed price stability as against purchase from depot owners whose price is opened to incessant upward review as has just been announced.
Recall that two prominent players in Nigeria’s downstream oil and gas sector – Ardova Plc and Heyden Petroleum – have entered into a bulk purchase agreement with the Dangote Petroleum Refinery after MRS; a situation they have leveraged on to sell petroleum at a much cheaper pump price.
The depot owners recently jerked up their loading price to N950 per liter from N909 citing increase in the price of crude oil in the international market, a situation that has forced most independent marketers to raise their pump price too to reflect the new higher price from the depot owners.
The Independent marketers are referring to the benefits of the bulk-purchase agreement with Dangote Refinery as being enjoyed by the three leading oil marketers, MRS, Ardova Plc and Heydey who have entered into the purchase agreement with Dangote refinery and are able to retain their lower pump price.
National President of Independent Petroleum Marketers Association (IPMAN), Alhaji Abubakar Maigandi Garima has confirmed that the association members are eager to sign on with Dangote Refinery and that they have been advised to do so by organizing themselves to pool resources together to be able to qualify for the bulk-purchase agreement.
Justifying the IPMAN new position, he said members could not continue to depend on depot owners for products when they can buy directly from the refinery bearing in mind that the minimum quantity to buy from Dangote Refinery is two million litres at N909 per litre.
The management of the Dangote Refinery citing economic relief provided by President Bola Ahmed Tinubu’s crude-for-naira swap initiative had announced a bulk-purchase offer incentives to the three leading downstream sector operators, so that Nigerians could heave a sigh of relief on the reduced pump price.
As the MRS, Ardova Plc and Heyden keyed into the arrangement, other petroleum marketers besieged the Refinery in Ibeju-Lekki, Lagos, seeking to be part of the bulk purchase deal, which guarantees steady supply of petroleum products and at competitive prices.
The desire to be part of the bulk-purchase agreement, it was also gathered, was also apparently being fueled by the testimonies from motorists who have been praising the impressive burn rate of fuel sourced from Dangote Refinery and sold in MRS filing stations which they said lasts longer compared to other products imported into the country and sold by others.
Dangote Refinery had said the strategic move was designed to further stabilise the nation’s fuel market and enhance energy security for consumers, as it would guarantee steady supply of petroleum products at affordable prices.
The bulk purchase agreement incentive by Ardova and Heyden came on the heels of a drop in the pump price of petrol by the management of MRS Oil Nigeria Plc, which had previously entered into a similar agreement with Dangote Refinery.
As a result, MRS Oil lowered its fuel prices to N935 per litre across all its stations nationwide, addressing the long-standing issue of price disparities between states. Furthermore, MRS Oil’s stock surged to a new 52-week high recently, as investors became increasingly optimistic about the company’s future earnings prospects.
Reports indicate that the bulk purchase agreement with Dangote Petroleum Refinery had also enabled both Ardova and Heyden to secure a reliable and consistent supply of petroleum products from the world’s largest single-train refinery at competitive prices, benefiting consumers across the country.
The arrangement ensures that Ardova and Heyden will have access to a full range of refined products, thereby securing their operations with a reliable supply chain. Other petroleum markers, reports said, are keen on signing similar agreement with Dangote Refinery as soon as they are allowed to, as most of them have majority of their filing stations in Lagos close to Dangote Refinery.
After signing the agreement, Ardova Plc, it would be recalled, had in a statement underscored the importance of this agreement in fostering a more competitive environment within Nigeria’s downstream oil and gas sector.
The partnership with Dangote Refinery is poised to have a positive, transformative impact on Nigeria’s oil and gas market. By ensuring a stable and affordable supply of fuel products in the over 1,000 retail outlets of the two companies, the agreement will help to alleviate the recurring issue of fuel scarcity that has long plagued Nigeria.
COAS Launches Nationwide Security Renewal Mission in Plateau
The Chief of Army Staff, Lieutenant General Waidi Shaibu, on Thursday led a high-level delegation of security chiefs to Plateau State, flagging off a nationwide security renewal mission aimed at strengthening civil-military cooperation and restoring lasting peace across the country.
The visit to Jos, the Plateau State capital, marks the first phase of a coordinated national effort to address persistent security challenges through joint operations, community engagement, and proactive intelligence gathering.
Governor Caleb Muftwang received the delegation, describing the initiative as a critical step toward stabilizing affected communities and reinforcing public confidence in security institutions.
Civil-Military Synergy Takes Centre Stage
At the heart of the mission is a renewed emphasis on collaboration between the military, civil authorities, and local communities. Speaking during the visit, Lt. Gen. Shaibu stressed that national security must be treated as a collective responsibility.
He urged citizens to support security agencies by remaining vigilant, sharing credible information, and complying with lawful directives, noting that effective security cannot be achieved in isolation.
Community Engagement as Confidence-Building Tool
In a departure from purely operational engagements, the Army Chief held direct consultations with community leaders and residents in Jos, reinforcing the importance of trust and dialogue in conflict resolution.
Lawmakers, including Dachung Bagos and Ladi Dangyok, commended the initiative, stating that visible engagement by top military leadership helps rebuild confidence among citizens and fosters cooperation.
Proactive Security Operations Underway
Operational updates were provided by Major General Folusho Oyinlola, who disclosed that troops under Operation Enduring Peace have intensified surveillance, intelligence-led patrols, and coordinated actions with other security agencies.
According to the Army, the approach is designed to prevent escalation of threats, safeguard lives and property, and stabilize vulnerable communities before crises emerge.
A Shift Toward Sustainable Peace
Military authorities emphasized that the Plateau visit is part of a broader, long-term strategy to transition from reactive responses to sustainable peacebuilding nationwide. The framework includes strengthening local resilience, ensuring justice, and maintaining continuous engagement with stakeholders.
Analysts view the initiative as a significant policy shift, reflecting a more inclusive security architecture that integrates community participation with military operations.
Call for National Unity
The Army leadership concluded with an appeal to Nigerians to reject divisive narratives and support ongoing efforts to promote unity and peace.
“The success of this mission depends not only on the armed forces but on the cooperation of every citizen,” the COAS stated.
The nationwide security renewal campaign is expected to extend to other regions in the coming weeks as authorities seek to consolidate gains and build a safer, more unified Nigeria.
IGP Disu Visits Plateau, Orders Tactical Deployment To Reinforce Security
The Inspector General of Police, Olatunji Disu, on Thursday paid a working visit to Plateau State following recent unrest, holding strategic talks with Governor Caleb Muftwang on measures to strengthen security and prevent further disturbances.
As part of immediate steps to stabilise the situation, the police chief authorised the deployment of specialised tactical units to support officers already on ground across affected areas.
Governor Muftwang commended the swift intervention of the police leadership, praising the dedication and professionalism of security personnel working to restore calm. He also acknowledged the efforts of mobile police officers and lauded the leadership of the state’s Commissioner of Police, Bassey Ewah.
Both the Nigeria Police Force and the Plateau State Government reaffirmed their commitment to safeguarding lives and property, stressing that enhanced collaboration remains key to restoring lasting peace in Plateau State, popularly known as the Home of Peace and Tourism.
Grace Nation Worldwide: A Living Reality – Dr. Chris Okafor
……“Miracles, Healing, and Deliverance Overflow at Grace Nation Services”
The Grace Nation midweek Prophetic Healing, Deliverance, and Solutions (PHDS) Service on 2nd April 2026 at the international headquarters in Ojodu Berger, Lagos, was a spectacular display of God’s power, marked by miracles, healing, and deliverance.
The God of Grace Nation continues to demonstrate His authority, breaking strongholds, healing the sick, restoring lost glory, and providing solutions to every problem presented at His altar.
Testimonies of God’s Power
One woman, previously diagnosed with a terminal condition and slated for a ₦4.5 million surgery due to inability to excrete, was prayed for by the Generational Prophet, Christopher Okafor, just a week after visiting the church. Declaring healing within 24 hours, she returned to testify to God’s miraculous intervention.
Another pregnant woman, whose baby was bridged and at risk, was located and prayed for. She returned to service with confirmation that her child is now well-positioned for delivery. Similarly, a woman booked for a C-section due to an overdue and poorly positioned pregnancy testified during the service that her baby is now properly positioned, ready for birth.
These testimonies underscore the truth: what God cannot do does not exist. Grace Nation has entered a new level of spiritual authority, and with faith, believers are witnessing the impossible become reality.
God Works by Principle, Not Gossip
In his sermon, Dr. Okafor emphasized that God does not operate on superstition, gossip, or social media pressures. His work is grounded in His Word, and it is through adherence to His principles that Grace Nation continues to flourish.
The Generational Prophet stressed that to enjoy divine blessings and fruitfulness, believers must remain connected to God’s Word, faithfully serve Him, and ignore distractions or side-talks. Focused commitment to God’s service guarantees alignment with His miraculous power.
Join the Movement
Grace Nation Worldwide is open for all who desire a life transformed by divine intervention. Weekly services include:
Sunday Service: 7:00 AM
Grace Nation Island Service (Ogombo): Wednesday, 5:00 PM
Midweek PHDS Service: Thursday, 7:00 AM
Attending these services under the ministry of the Generational Prophet ensures encounters with God’s supernatural power, life-changing miracles, and lasting breakthroughs.
Grace Nation Worldwide is not just a church—it is a reality where faith meets the supernatural.
By Sunday Adeyemi
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