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Home Business & Finance Business

Dangote Refinery assures stable fuel supply nationwide

Quadri Olaitan by Quadri Olaitan
November 1, 2025
in Business
0
Dangote Refinery

Dangote Refinery assures stable fuel supply nationwide, pledging uninterrupted petrol and diesel delivery across Nigeria during the festive period

Dangote Refinery has reaffirmed its commitment to ensuring a stable fuel supply across Nigeria during the upcoming festive period, with production now exceeding the nation’s daily consumption.

Also read: Aliko Dangote rejects buying refineries, expands plant

According to the Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina, the refinery currently delivers more than 45 million litres of petrol and 25 million litres of diesel each day a milestone that has significantly strengthened domestic energy security.

“Our production capacity surpasses national demand. We are collaborating with regulators and distributors to ensure efficient delivery across the country.

Dangote remains committed to powering Nigeria,” Chiejina said in a statement on Saturday.

He explained that increased domestic refining has helped stabilise the naira by reducing foreign exchange outflows and encouraging local currency inflows.

Chiejina also defended the government’s new tariff policy, describing it as a bold and necessary measure to shield local industries from unfair foreign competition and product dumping.

“Dumping destroys jobs and discourages industrial growth,” he warned, calling for stronger enforcement against the importation of substandard petroleum products that endanger public safety and undermine local producers.

Commending President Bola Tinubu for endorsing the tariff regime, he said the decision reflects a visionary commitment to energy independence and economic renewal.

He cautioned that without such protection, cheap petroleum imports from Asia and Europe could cripple domestic refineries and derail ongoing reforms.

Equipped with cutting-edge technology, the Dangote Refinery aims to eliminate Nigeria’s reliance on imported fuels and maintain price stability.

In his assurance, Aliko Dangote, President of Dangote Industries Limited, said Nigerians could look forward to a seamless festive season without fuel queues.

“Nigerians can expect a festive season without fuel queues,” Dangote said confidently.

Since the commencement of petrol production in September 2024, the refinery has contributed to a sharp reduction in fuel prices.

Petrol, which sold for about ₦1,030 per litre a year ago, now averages ₦841–₦851, while diesel has dropped from ₦1,700 to roughly ₦1,020 per litre.

Meanwhile, petrol costs between $1.20 and $2.00 per litre in neighbouring West African countries, highlighting the refinery’s positive impact on regional energy markets.

Also read: Dangote sustainability week sparks community growth

With its expanding capacity and steady output, the Dangote Refinery continues to position itself as a transformative force in Nigeria’s economic and industrial landscape driving self-sufficiency, price stability, and national pride.

Quadri Olaitan
Quadri Olaitan

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