The Dangote Petroleum Refinery has assured Nigerians of a steady supply of petrol and diesel throughout the upcoming festive season, announcing that its daily production now exceeds the nation’s consumption needs.
In a statement released on Saturday, the Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina, disclosed that the refinery currently produces over 45 million litres of petrol and 25 million litres of diesel daily.
> “Our production capacity now surpasses national demand. We are working closely with regulators and distributors to ensure smooth and efficient nationwide supply. Dangote remains fully committed to powering Nigeria,” Chiejina stated.
He highlighted that increased local refining has helped strengthen the naira by reducing foreign exchange outflows and boosting local currency inflows.
Defending the Federal Government’s new tariff policy, Chiejina described it as a vital step to protect domestic industries from unfair competition and product dumping.
> “Dumping destroys jobs and discourages industrial growth,” he warned, calling for tighter enforcement against the importation of substandard petroleum products that threaten both local producers and public safety.
Chiejina commended President Bola Tinubu for supporting the tariff policy, describing it as a “bold and visionary move” toward achieving energy independence and revitalising Nigeria’s economy. He cautioned that allowing the influx of cheap petroleum imports from Asia and Europe could undermine local refineries and derail ongoing reforms.
Equipped with advanced refining technology, the Dangote Refinery aims to eliminate Nigeria’s dependence on imported fuel and ensure price stability.
Aliko Dangote, President of Dangote Industries Limited, also reassured Nigerians that fuel prices will remain stable during the Christmas and New Year celebrations.
> “Nigerians can look forward to a festive season without fuel queues,” Dangote said.
Since beginning petrol production in September 2024, the refinery has played a major role in lowering domestic fuel prices. Petrol, which sold for around ₦1,030 per litre a year ago, now averages ₦841–₦851, while diesel has dropped from ₦1,700 to about ₦1,020 per litre.
In comparison, petrol prices in neighbouring West African countries range between $1.20 and $2.00 per litre, further underscoring the refinery’s impact on Nigeria’s fuel market.
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