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Dangote Refinery Assures Steady Fuel Supply, Backs Tariff Policy to Protect Local Industry
Dangote Refinery reaffirms commitment to stable PMS and diesel supply, producing over 70 million litres daily. The company backs Tinubu’s tariff policy, citing its role in strengthening local industries, stabilising fuel prices, and boosting Nigeria’s economy.
The Dangote Petroleum Refinery has reaffirmed its commitment to ensuring a consistent and reliable supply of Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel) across Nigeria, with daily production levels that exceed national demand.
According to Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Industries Limited, the refinery currently produces over 45 million litres of PMS and 25 million litres of diesel daily, ensuring energy stability and reducing dependence on fuel imports.
“Our refinery is currently loading over 45 million litres of PMS and 25 million litres of diesel daily, which exceeds Nigeria’s demand,” Chiejina said. “We are working closely with regulators and distribution partners to guarantee efficient nationwide delivery. Dangote remains steadfast in its commitment to meeting the energy needs of Nigerians. This capacity not only secures local supply but strengthens energy security and reduces import dependence.”
He added that increased local production has helped stabilise the exchange rate and strengthen the naira by reducing foreign exchange outflows and boosting inflows.
Chiejina also defended the recently approved tariff policy, describing it as a “good start” aimed at protecting domestic industries from unfair foreign competition.
“Dumping engenders poverty, discourages industrialisation, creates unemployment and leads to revenue loss for the government,” he said. “Across the world, nations protect their local industries from the threat of dumping. Dumping destroyed our textile industry, which was once a major employer of labour and creator of wealth.”
He urged the government to tighten enforcement measures against the importation of substandard and toxic petroleum products, warning that such practices undermine legitimate businesses and national policies.
Chiejina further warned that failure to safeguard local industries could lead to a resurgence of large-scale dumping from countries with surplus refining capacity in Asia and Europe, potentially crippling Nigeria’s domestic refineries and allied industries.
He praised President Bola Ahmed Tinubu for approving the tariff policy, describing it as a visionary step toward strengthening the downstream oil and gas sector.
“President Tinubu continues to embody courageous and visionary leadership,” Chiejina said. “His bold reforms are reshaping the downstream sector, unlocking new opportunities for industrial growth, and ensuring Nigeria’s energy future.”
He appealed to industry stakeholders to align with the government’s self-sufficiency agenda, noting that patriotism and collective responsibility are vital to sustaining national economic progress.
Equipped with advanced technology and extensive infrastructure, the Dangote Refinery is projected to eliminate reliance on fuel imports, enhance supply chain efficiency, and reduce pressure on Nigeria’s foreign reserves.
Aliko Dangote, President of Dangote Industries Limited, recently assured Nigerians that petrol prices will remain stable throughout the festive period, despite global price fluctuations.
“I want to assure Nigerians that the Dangote Refinery is fully committed to maintaining an uninterrupted supply of petrol throughout the festive period. Nigerians can look forward to a Christmas and New Year free of fuel anxiety,” he said.
Since beginning petrol production in September 2024, the refinery has played a crucial role in stabilising pump prices, reducing costs, and ending the perennial fuel scarcity and long queues often seen during festive periods.
Average PMS prices declined from ₦1,030 per litre in September 2024 to about ₦841–₦851 per litre in September 2025, following the implementation of the Direct Delivery Scheme. Similarly, diesel prices dropped from between ₦1,400–₦1,700 per litre in 2024 to around ₦1,020 per litre in 2025.
By comparison, petrol prices in neighbouring West African countries range between $1.20 and $2.00 per litre, while Nigeria’s average remains around $0.60 per litre, underscoring the refinery’s impact on affordability and supply stability.
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