Dangote Refinery Ensures Steady Fuel Supply, Produces 70 Million Litres Daily

Dangote Refinery Ensures Steady Fuel Supply, Produces 70 Million Litres Daily

...Commends President Tinubu’s Reforms, Says New Tariff Policy Will Strengthen Local Industry

Dangote Petroleum Refinery has reaffirmed its commitment to guaranteeing uninterrupted supply of Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel) across Nigeria, producing more than the country’s daily consumption requirement.

According to the Group Chief Branding and Communications Officer of Dangote Industries Limited, Mr. Anthony Chiejina, the refinery currently loads over 45 million litres of petrol and 25 million litres of diesel daily, ensuring consistent supply and energy stability nationwide.

“Our refinery is currently loading over 45 million litres of PMS and 25 million litres of diesel daily, which exceeds Nigeria’s demand,” Chiejina stated. “We are working collaboratively with regulatory agencies and distribution partners to guarantee efficient nationwide delivery. Dangote remains steadfast in its commitment to meeting the energy needs of Nigerians.”

He added that the refinery’s large-scale operations have significantly boosted energy security and reduced dependence on imported petroleum products.

Chiejina noted that increased local refining has contributed to stabilising the exchange rate and strengthening the naira, as foreign exchange outflows for fuel imports have drastically reduced. “We have reduced forex outflows and increased inflows, which in turn supports the naira and strengthens the economy,” he said.

Speaking further, the Dangote executive defended the recently announced tariff policy, describing it as “a necessary and patriotic step” to protect local industries from unfair competition. He warned that dumping — the importation of cheap and substandard products — could cripple Nigeria’s industrial growth.

“Dumping engenders poverty, discourages industrialisation, creates unemployment, and leads to revenue loss for government. Across the world, nations protect their local manufacturers and industries from dumping. Dumping destroyed our textile industry, which was once a major employer of labour,” he said.

He urged government authorities to strengthen enforcement mechanisms to prevent the importation of substandard and toxic petroleum products that undermine Nigeria’s energy sector and threaten public safety.

Chiejina commended President Bola Ahmed Tinubu for his foresight in approving policies that support domestic refiners and encourage investments in the downstream oil and gas sector. He said the new tariff regime would safeguard local production, create jobs, and attract further investment.

“President Tinubu continues to embody courageous and visionary leadership, renewing the hope of Nigerians and restoring investor confidence in the economy. His bold, business-friendly reforms are unlocking new opportunities for industrial growth and energy security,” Chiejina said.

He warned that failure to protect local refineries could expose Nigeria to large-scale dumping from Asia and Europe, potentially strangling domestic producers and reversing the gains achieved under the current administration.

Equipped with state-of-the-art technology and world-class infrastructure, the Dangote Petroleum Refinery is designed to meet Nigeria’s total domestic fuel demand and export surplus products, thereby stabilising supply, creating jobs, and conserving foreign exchange.

Aliko Dangote, President of Dangote Industries Limited, recently assured Nigerians that petrol prices would remain stable during the festive season despite global price fluctuations.

“I want to assure Nigerians that the Dangote Refinery is fully committed to maintaining an uninterrupted supply of petrol throughout the festive period. Nigerians can look forward to a Christmas and New Year free of fuel anxiety,” he said.

Since commencing petrol production in September 2024, the Dangote Refinery has played a pivotal role in stabilising prices and eliminating fuel scarcity. The average price of petrol dropped from N1,030 per litre in 2024 to between N841 and N851 per litre in 2025, while diesel prices declined from N1,400–N1,700 to around N1,020 per litre.

Compared to other West African countries where petrol sells for $1.20–$2.00 per litre, Nigeria’s current average of $0.60 per litre underscores the refinery’s significant contribution to affordability, supply stability, and economic resilience.