The Dangote Petroleum Refinery says it is now supplying more fuel than Nigeria consumes, producing 45 million litres of petrol (PMS) and 25 million litres of diesel daily for the local market.
Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina, disclosed this in a statement on Friday, reaffirming the company’s commitment to maintaining an uninterrupted nationwide fuel supply.
The announcement comes shortly after the Federal Government approved a 15 per cent import tariff on petrol, diesel, and jet fuel a policy that has stirred mixed reactions among stakeholders. While some describe it as a step toward protecting local refineries, others warn of possible price increases.
Chiejina said the company’s 650,000 barrels-per-day refinery has the capacity to fully meet Nigeria’s energy needs, despite the country still importing about 67 per cent of its fuel.
“Our refinery is currently loading over 45 million litres of PMS and 25 million litres of diesel daily, which exceeds Nigeria’s demand,” he 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.”
He described the new import duty as a “patriotic and protective measure” designed to shield local industries from unfair competition and substandard fuel imports.
“Dumping engenders poverty, discourages industrialisation, creates unemployment, and leads to revenue loss for the government. Across the world, nations protect their industries from dumping — it destroyed our textile industry once,” Chiejina warned.
According to him, increased local refining has helped stabilise the naira, reduce foreign exchange outflows, and encourage investment inflows through domestic production.
Chiejina commended President Bola Ahmed Tinubu for the tariff approval, describing it as a “transformative policy” that will stimulate job creation, attract investment, and strengthen Nigeria’s energy independence.
“President Tinubu continues to embody courageous and visionary leadership, restoring investor confidence and reshaping the downstream sector. This policy is one of the most transformative steps yet toward securing Nigeria’s energy future,” he said.
He noted that fuel prices have dropped since the refinery began direct delivery in 2024. According to him, petrol prices fell from ₦1,030 per litre in September 2024 to ₦841–₦851 per litre in September 2025, while diesel prices declined from ₦1,400–₦1,700 to ₦1,020 per litre during the same period.
By comparison, Chiejina said petrol prices in neighbouring West African countries range between $1.20 and $2.00 per litre, while Nigeria’s average of $0.60 per litre demonstrates the refinery’s impact on affordability and market stability.
He urged the government to strengthen monitoring and enforcement to curb the importation of substandard products.
“Failure to protect local industries could open the floodgates for dumping from Asia and Europe, strangulating local refineries and reversing the gains of the Tinubu administration’s reforms,” he cautioned.
