partnerships
STRATEGIC PARTNERSHIPS DRIVING
EXCELLENCE
Velay's success is built on collaborative relationships with industry leaders, financial
institutions, and regulatory bodies committed to transforming Nigeria's petroleum
sector.
OUR PARTNERS
DANGOTE PETROLEUM REFINERY & PETROCHEMICALS FZE
PRIMARY SUPPLY PARTNER
Velay Limited is a proudly approved off-taker of Dangote Petroleum Refinery & Petrochemicals FZE, Africa's largest single-train refinery with 650,000 barrels per day capacity.
PARTNERSHIP HIGHLIGHTS
- •Approved Off-Taker Status - Customer Code: 11007369
- •Direct Refinery Allocation - Priority access to refined products
- •Quality Assurance - Products meet highest international standards
- •Digital Integration - Real-time allocation updates and verification
- •Comprehensive Product Range - PMS, AGO, Jet A-1, DPK, LPG, Polypropylene
PARTNERSHIP VALUE
This strategic relationship ensures Velay customers receive authentic, high-quality petroleum products directly from one of the world's most advanced refineries. Our off-taker status provides supply security, competitive pricing, and access to comprehensive product documentation.
REFINERY REFERENCE
DPRP25-000264
NIGERIAN MIDSTREAM AND DOWNSTREAM PETROLEUM REGULATORY AUTHORITY (NMDPRA)
REGULATORY PARTNER
Velay operates in full compliance with NMDPRA, the statutory regulatory authority for Nigeria's midstream and downstream petroleum sector.
COMPLIANCE FRAMEWORK
- •Major Category Permit - Petroleum & Petroleum Product Haulage
- •Permit Number: NMDPRA/MDOGISP/24/7561970/N319357
- •Regulatory Reporting - Automated digital submission of required reports
- •Quality Standards - 100% adherence to NMDPRA specifications
- •Safety Compliance - Full compliance with safety and environmental regulations
PARTNERSHIP BENEFITS
Our strong relationship with NMDPRA ensures regulatory certainty, operational transparency, and industry credibility. We work closely with regulatory officials to maintain best-practice standards and contribute to sector development.
COMMITMENT
Velay actively participates in NMDPRA stakeholder engagements, policy consultations, and industry development initiatives, positioning us as a responsible corporate citizen committed to sector excellence.
FINANCIAL PARTNERS
TAJ BANK LIMITED
STRATEGIC BANKING PARTNER
Taj Bank provides comprehensive banking and credit facilities supporting Velay's operations and customer financing programs.
BANKING SERVICES
- •Corporate current and domiciliary accounts
- •Working capital facilities
- •Letters of Credit for import/export operations
- •Customer credit guarantee programs
- •Treasury and cash management services
- •Digital payment integration with Velay platform
PARTNERSHIP IMPACT
Taj Bank's flexible credit facilities enable Velay to maintain optimal inventory levels, respond quickly to market opportunities, and offer attractive payment terms to qualified customers.
ZENITH BANK PLC
FINANCIAL SERVICES PARTNER
As one of Nigeria's leading financial institutions, Zenith Bank supports Velay's growth ambitions through robust banking infrastructure and credit facilities.
SERVICES PROVIDED
- •Corporate banking and treasury services
- •Trade finance facilities (LC, ATC financing)
- •Foreign exchange services for international trade
- •Digital payment gateway integration
- •Investment and asset management services
PARTNERSHIP BENEFITS
Zenith Bank's extensive branch network, digital banking capabilities, and international correspondent banking relationships facilitate seamless domestic and cross-border transactions for Velay and our customers.
MEMBERSHIP & AFFILIATION
INDUSTRY ASSOCIATIONS & BODIES
Independent Petroleum Marketers Association of Nigeria (IPMAN)
Major Oil Marketers Association of Nigeria (MOMAN)
Depot and Petroleum Products Marketers Association (DAPPMA)
Nigerian Association of Petroleum Explorationists (NAPE)
ENGAGEMENT
Velay actively participates in industry forums, policy discussions, and capacity-building initiatives, contributing to sector development and best-practice establishment
BECOME A PARTNER
Velay is always open to strategic partnerships that enhance our service delivery, expand our capabilities, or create value for customers.
PARTNERSHIP OPPORTUNITIES
- •Depot & Storage Providers - Expand our distribution infrastructure
- •Technology Providers - Enhance our digital platform
- •Financial Institutions - Support customer financing programs
- •Logistics Companies - Extend delivery capabilities
- •Export Buyers - International trade relationships
- •Service Providers - Complementary value-added services
PARTNERSHIP REQUIREMENTS
- •Alignment with Velay's values of integrity, transparency, and innovation
- •Commitment to quality and compliance standards
- •Willingness to integrate with digital systems where applicable
- •Strong track record and financial stability
- •References from existing business relationships
CONTACT PARTNERSHIP TEAM
For existing customers needing assistance with orders, tracking, or platform access