Dangote Petroleum Refinery has reaffirmed its commitment to maintaining a steady and uninterrupted supply of Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel) across Nigeria, with a daily production capacity that exceeds domestic demand.
Speaking on the development, Group Chief Branding and Communications Officer, Dangote Industries Limited, Anthony Chiejina, said the refinery’s operations are guided by the company’s dedication to national energy stability and consumer confidence.
“Our refinery is currently loading over 45 million litres of PMS and 25 million litres of diesel daily which exceeds Nigeria’s demand,” Mr Chiejina said. “We are working collaboratively with regulatory agencies and distribution partners to guarantee efficient nationwide delivery. Dangote remains steadfast in its commitment to meeting the energy needs of Nigerians. This significant production capacity not only guarantees local supply but also enhances energy security and reduces dependence on imports.”
He explained that improved local production of petroleum products has contributed to stabilising the exchange rate and strengthening the naira. “We have reduced foreign exchange outflows and increased inflows, which in turn supports the naira and strengthens the economy,” he added.
Chiejina noted that it would be unpatriotic for anyone to criticise the recently announced tariff, which he described as a positive step designed to protect domestic industries from unfair competition and safeguard local production. “Dumping engenders poverty, discourages industrialisation, creates unemployment and leads to revenue loss for the government. Across the world, nations protect their local manufacturers and industries from the threat of dumping. Dumping destroyed our textile industry, which was once a major employer of labour and creator of wealth,” he said.
He urged the government to strengthen monitoring and enforcement mechanisms to prevent the dumping of substandard and toxic petroleum products by unscrupulous individuals who prioritise profiteering over public interest. He stated that such activities often undermine well-intentioned government policies and hinder the growth of domestic industries.
Chiejina added that the prevalence of dumping in the past discouraged investors from establishing industries in Nigeria, as imported products flooded the market at unsustainable prices. The new tariff policy, he said, would benefit local refiners, encourage new investments in the downstream oil sector, and strengthen Nigeria’s industrial base while creating jobs.
He praised the foresight of President Bola Ahmed Tinubu for approving the tariff policy aimed at transforming and stabilising the downstream oil and gas industry. According to him, “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 and business-friendly reforms are reshaping the downstream oil and gas sector, unlocking new opportunities for industrial growth and national prosperity. The latest policy initiative stands as a testament to his foresight—one of the most transformative steps yet toward securing Nigeria’s energy future and empowering local industries to thrive.”
Chiejina warned that failure to protect local industries could expose the country to large-scale dumping from nations in Asia and Europe with excess production capacity. He stated that such practices would cripple domestic refineries, harm allied industries, and undermine President Tinubu’s policies aimed at promoting industrial growth and economic stability.
He called on rent-seekers to align with the Federal Government’s vision for a self-sustaining energy sector instead of promoting the dumping of petroleum products in Nigeria. He emphasised the importance of collective patriotism among industry stakeholders, noting that national progress depends on shared responsibility and adherence to policies that strengthen local production and protect the economy.
Equipped with advanced technology and vast infrastructure, the Dangote Refinery is positioned to reduce dependence on fuel imports, improve supply chain stability, and ease pressure on foreign exchange reserves.
President of Dangote Industries Limited, Aliko Dangote, recently assured Nigerians that petrol prices would not increase during the ember months, despite global market 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 Dangote Refinery has played a major role in ensuring price stability and reducing the cost of fuel in Nigeria. The refinery’s operation has helped eliminate the recurring fuel scarcity and long queues at filling stations that were common in previous years, particularly during festive periods.
According to market data, the average price of Premium Motor Spirit (PMS) in September 2024 was about N1,030 per litre, compared to an average of N841 to N851 per litre in September 2025, following the implementation of the Dangote Refinery’s Direct Delivery Scheme. Similarly, the pump price of Automotive Gas Oil (AGO) ranged between N1,400 and N1,700 per litre in September 2024, depending on the state, with prices reaching up to N1,700 in most northern regions. By September 2025, however, the average price dropped significantly to around N1,020 per litre, reflecting the refinery’s positive impact on market stability and logistics efficiency.
In comparison, petrol prices in neighbouring West African countries range between $1.20 and $2.00 per litre, while the average price in Nigeria remains around $0.60 per litre. This, according to industry observers, highlights the refinery’s major contribution to fuel affordability, price regulation, and energy security.
