The Dangote Petroleum Refinery has pledged uninterrupted nationwide supply of petrol and diesel during the forthcoming festive season, as its current daily production now exceeds Nigeria’s consumption needs.
In a statement released on Saturday, the Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina, announced that the refinery currently produces over 45 million litres of petrol and 25 million litres of diesel each day.
“Our production capacity now surpasses national demand,” Chiejina said. “We are working closely with regulators and distributors to ensure efficient delivery across the country. Dangote remains committed to powering Nigeria.”
He explained that the increase in domestic refining has contributed to stabilising the naira by curbing foreign exchange outflows and boosting local currency inflows.
Commenting on the government’s new tariff policy, Chiejina described it as a vital step to protect local industries from unfair foreign competition and the dumping of substandard products.
“Dumping destroys jobs and discourages industrial growth,” he cautioned, urging authorities to intensify efforts to prevent the importation of inferior petroleum products that threaten both public safety and domestic producers.
Chiejina commended President Bola Tinubu for endorsing the tariff regime, calling it a “bold and visionary step” toward achieving energy self-sufficiency and revitalising the economy.
He warned that without such protective measures, cheap fuel imports from Asia and Europe could undermine local refineries and jeopardise ongoing reforms.
Equipped with state-of-the-art technology, the Dangote Refinery aims to end Nigeria’s dependence on imported fuels and help maintain price stability.
Aliko Dangote, President of Dangote Industries Limited, assured Nigerians that fuel prices would remain stable throughout the Christmas and New Year celebrations.
“Nigerians can expect a festive season without fuel queues,” he stated.
Since commencing petrol production in September 2024, the refinery has played a major role in reducing fuel costs. Petrol, which sold for around ₦1,030 per litre a year ago, now averages between ₦841 and ₦851 per litre, while diesel prices have dropped from about ₦1,700 to roughly ₦1,020 per litre.
By comparison, petrol currently sells for between $1.20 and $2.00 per litre in neighbouring West African countries.
