…delivers 45 million liters of gasoline and 25 million liters of diesel per day
Dangote Petroleum Refinery has reaffirmed its commitment to ensure a constant and uninterrupted supply of Premium Motor Spirit (PMS) and Automotive Diesel (Diesel) throughout the country, with a daily production capacity that exceeds domestic demand.
Speaking on the development, Anthony Chiejina, Group Director of Brand and Communications, Dangote Industries Limited, said the refinery’s operations are driven by the company’s dedication to supporting national energy stability and consumer confidence.
“Our refinery currently loads more than 45 million liters of PMS and 25 million liters of diesel per day, which exceeds Nigeria’s demand,” Mr Chiejina said. “We are working collaboratively with regulatory agencies and distribution partners to ensure efficient delivery across the country. Dangote remains steadfast in its commitment to meeting the energy needs of Nigerians. This significant production capacity not only ensures local supply but also enhances energy security and reduces dependence on imports.”
He noted that improved local production of petroleum products has helped stabilize the exchange rate and strengthen the naira.
“We have reduced foreign exchange outflows and increased inflows, which in turn supports the naira and strengthens the economy,” he added.
He further explained that it would be unpatriotic for anyone to criticize the recently announced tariff, which he said is a good start. He highlighted that the tariff is designed to protect national industries from unfair competition and safeguard local production.
“Dumping breeds poverty, discourages industrialization, creates unemployment and leads to loss of revenue for the government. Around the world, nations protect their local manufacturers and industries from the threat of dumping. Dumping destroyed our textile industry, once a major employer of labor and creator of wealth,” he said.
He noted that beyond the tariff, the government should strengthen its surveillance and law enforcement mechanisms to prevent the dumping of toxic and substandard petroleum products by unscrupulous individuals and rent-seekers who prioritize speculation at the expense of Nigerians, often undermining well-intentioned government policies for their selfish interests.
He added that the prevalence of dumping in recent years deterred investors from setting up industries in Nigeria as imported products flooded the market at unsustainable prices, undermining local production. The new tariff policy, he noted, would benefit local refiners and encourage new investments in the oil sector, thereby strengthening Nigeria’s industrial base and creating more jobs.
He commended the foresight of President Bola Ahmed Tinubu in approving the tariff policy aimed at strengthening and transforming Nigeria’s oil and gas sector. He noted that the decision reflects the administration’s commitment to creating a stable, business-friendly environment that supports local investment and improves energy security.
“President Bola Ahmed Tinubu continues to embody courageous and visionary leadership, renewing the hope of Nigerians and restoring investor confidence in the nation’s economy. His administration’s bold, business-friendly reforms are reshaping the oil and gas sector, unlocking new opportunities for industrial growth and national prosperity. The latest policy initiative is a testament to his farsightedness, one of the most transformative steps yet to secure Nigeria’s energy future and empower industries. local communities to prosper. he said
He warned that failure to protect local industries could lead to large-scale dumping by Asian and European countries with excess production capacity. Such practices, he said, would strangle domestic refineries, cripple allied industries and undermine the laudable policies of President Bola Tinubu’s administration aimed at promoting industrial growth and economic stability.
Chiejina urged rent seekers to reconsider their business practices and align with the Federal Government’s vision of a self-sustaining energy sector, instead of promoting the dumping of petroleum products in Nigeria. He emphasized the need for a collective sense of patriotism and responsibility among industry stakeholders, noting that national progress can only be achieved through a shared commitment to policies that strengthen local industries and protect the economy.
Equipped with advanced technology and extensive infrastructure, the refinery is expected to significantly eliminate dependence on fuel imports, improve supply chain stability and relieve pressure on foreign exchange reserves.
The Chairman of Dangote Industries Limited, Aliko Dangote, recently assured Nigerians that petrol prices will not increase during the ember months, despite recent increases in global prices. “I want to assure Nigerians that the Dangote refinery is fully committed to maintaining an uninterrupted supply of gasoline throughout the festive period. Nigerians can look forward to a Christmas and New Year free of fuel anxiety.”
Since gasoline production began in September 2024, Dangote Oil Refinery has played a critical role in ensuring price stability, reducing the cost of gasoline, with the aim of stabilizing the market and easing the burden on consumers. It has also eliminated the recurring fuel shortages and long queues at filling stations that Nigeria often experienced, especially during festive periods.
He noted that the average price of Premium Motor Spirit (PMS) in September 2024 was about N1,030 per liter, compared to an average of N841-N851 per liter in September 2025, following the implementation of the Dangote Refinery Direct Delivery Plan.
Similarly, in September 2024, the pump price of Automotive Diesel Oil (AGO) ranged between N1,400 and N1,700 per litre, depending on the state, with prices reaching up to N1,700 in most northern states. However, by September 2025, the average price had fallen significantly to around N1,020 per litre, reflecting the impact of the refinery in stabilizing the market and reducing logistics costs.
In comparison, gasoline prices in neighboring West African countries range between $1.20 and $2 per liter, while the average price in Nigeria remains around $0.60 per liter, a clear indication of the refinery’s profound impact on affordability and stability of supply.
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