Dangote Refinery Assures Steady Fuel Supply as Production Surpasses National Demand
The Dangote Refinery has assured Nigerians of steady fuel supply during the festive season, pledging no fuel shortages nationwide.
Officials say daily output now surpasses national demand, helping to stabilize prices and strengthen the naira.
The Dangote Petroleum Refinery has assured Nigerians of a stable fuel supply throughout the festive season, announcing that its production levels have now exceeded the country’s daily fuel demand.
According to the Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina, the refinery currently produces more than 45 million litres of petrol and 25 million litres of diesel each day. He said the facility is working closely with relevant regulators and distributors to guarantee smooth and consistent delivery across all regions of the country.
Chiejina explained that the increased volume of domestic refining has reduced the need for fuel importation, easing pressure on the naira and helping to strengthen the local currency through reduced foreign exchange outflows.
He also backed the federal government’s new tariff policy, describing it as an important step to protect local manufacturers from unfair foreign competition and the dumping of cheap products. According to him, such practices destroy jobs and discourage industrial progress. He called for tighter monitoring of petroleum imports to prevent the entry of substandard and unsafe products that could undermine local producers.
Chiejina further praised President Bola Tinubu for supporting the tariff framework, describing it as a forward-looking policy that promotes energy security and economic stability. He warned that without such protection, cheap fuel imports from Europe and Asia could endanger the survival of local refineries and slow the country’s reform efforts.
Equipped with advanced refining technology, the Dangote Refinery aims to make Nigeria self-sufficient in fuel production and reduce dependence on imports. The company’s president, Aliko Dangote, also gave assurance that fuel prices would remain stable throughout the Christmas and New Year celebrations, promising that Nigerians would not experience fuel queues.
Since beginning petrol production in September 2024, the refinery has helped lower pump prices nationwide. Petrol now sells for an average of N841 to N851 per litre, compared to about N1,030 last year, while diesel prices have dropped from around N1,700 to roughly N1,020 per litre.
