The Dangote Petroleum Refinery has assured Nigerians of a steady fuel supply during the upcoming festive season, announcing that its daily output of petrol and diesel now exceeds the nation’s consumption levels.
In a statement on Saturday, the Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina, said the refinery currently produces over 45 million litres of petrol and 25 million litres of diesel per day.
“Our production capacity surpasses national demand,” Chiejina said. “We are collaborating with regulators and distributors to ensure efficient delivery across the country. Dangote remains committed to powering Nigeria.”
He explained that the refinery’s growing domestic refining capacity has helped stabilize the naira by reducing foreign exchange outflows and supporting local currency inflows.
Backing the federal government’s newly introduced tariff policy on fuel imports, Chiejina described it as a vital measure to protect local industries and prevent the dumping of substandard products into the Nigerian market.
“Dumping destroys jobs and discourages industrial growth,” he warned, urging authorities to enforce regulations against unsafe and unfair imports that could harm both consumers and local producers.
He further commended President Bola Tinubu for approving the tariff regime, describing it as a “bold and visionary step” toward energy independence and economic renewal.
“Without such protection, cheap petroleum imports from Asia and Europe could cripple domestic refineries and derail ongoing reforms,” he cautioned.
Equipped with cutting-edge technology, the Dangote Refinery aims to end Nigeria’s decades-long dependence on imported fuel while helping maintain price stability.
The President of Dangote Industries Limited, Aliko Dangote, also reassured Nigerians that fuel prices would remain steady throughout the Christmas and New Year celebrations.
“Nigerians can expect a festive season without fuel queues,” he said.
Since commencing petrol production in September 2024, the refinery has been instrumental in driving down fuel prices nationwide. Petrol, which sold for about ₦1,030 per litre a year ago, now averages ₦841–₦851, while diesel has fallen from ₦1,700 to roughly ₦1,020 per litre.
By contrast, petrol prices in neighbouring West African countries range between $1.20 and $2.00 per litre, underscoring Nigeria’s growing competitiveness in the regional energy market.
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