Independent petroleum marketers have accused major fuel importers, including AA Rano and Matrix, of fixing imported petrol prices at approximately N1,350 per litre. According to the Independent Petroleum Marketers Association of Nigeria (IPMAN), these prices significantly exceed those offered by the Dangote Petroleum Refinery.

IPMAN spokesperson Chinedu Ukadike stated that recent import licences intended to moderate domestic prices have failed, as imports are currently 20% more expensive than local production. Marketers are now calling on the federal government to ensure more transparent regulation, prioritize crude oil sales in naira to Dangote Refinery, and reconsider the indiscriminate issuance of import licences, which they argue pressures the foreign exchange market and contributes to retail price volatility.