Dangote Petroleum Refinery has reaffirmed its commitment to ensuring a steady and uninterrupted supply of petrol and diesel across the country, with production now surpassing the nation’s daily consumption.
In a statement on Saturday, the Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina said the refinery was currently loading over 45 million litres of Premium Motor Spirit and 25 million litres of diesel daily—volumes that exceed the country’s demand.
He said the company’s goal was to support national energy stability, consumer confidence, and economic recovery.
‘Our refinery is loading more than what the country consumes daily. We are working closely with regulatory agencies and distribution partners to ensure smooth nationwide delivery. This capacity guarantees local supply, strengthens energy security, and reduces dependence on imports’, he said.
According to him, improved local production has helped stabilise the naira by reducing foreign exchange outflows.
Chiejina also commended the recently introduced tariff on imported petroleum products, describing it as a necessary step to protect domestic industries from dumping.
‘We have cut forex spending on fuel imports and increased inflows, which supports the naira and strengthens the economy.
‘Dumping destroys industries, causes unemployment, and leads to revenue loss. It wiped out our textile sector, which once employed thousands’, he added.
He urged government agencies to tighten monitoring and enforcement against the importation of substandard and toxic petroleum products, warning that unchecked dumping could cripple local refineries and undermine ongoing reforms.
Chiejina commended President Bola Tinubu for approving the tariff policy, describing it as a bold and visionary move to strengthen Nigeria’s downstream oil and gas sector.
‘President Tinubu’s leadership is restoring investor confidence and reshaping the oil sector. This policy marks one of the most transformative steps toward securing Nigeria’s energy future’, he added.
Chiejina warned that failure to protect local industries could lead to large-scale dumping from Asia and Europe, threatening the survival of domestic refiners.
According to him, the President of Dangote Industries Limited, Aliko Dangote, has assured Nigerians that fuel prices would remain stable through the festive season despite rising global prices.
‘I want to assure Nigerians that the Dangote Refinery will maintain uninterrupted petrol supply throughout Christmas and New Year. There will be no fuel queues this season’, Dangote said.
Since beginning petrol production in September 2024, the refinery has helped stabilise prices and eliminate recurring fuel shortages, the statement said.
Available data show that the average petrol price dropped from N1,030 per litre in 2024 to about N841–N851 per litre in 2025, while diesel prices fell from as high as N1,700 to around N1,020 per litre nationwide.
Across West Africa, petrol sells between $1.20 and $2.00 per litre, compared to Nigeria’s average of $0.60, highlighting the refinery’s impact on affordability and supply stability.
