Prime Business Africa
The Dangote Petroleum Refinery has reaffirmed its commitment to ensuring a steady and uninterrupted supply of Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel) across Nigeria. With a daily production capacity exceeding the country’s demand, the refinery is poised to play a pivotal role in stabilizing the nation’s energy sector.
According to Anthony Chiejina, Group Chief Branding and Communications Officer at Dangote Industries Limited, the refinery is currently producing over 45 million liters of PMS and 25 million liters of diesel daily. This significant production capacity not only guarantees local supply but also enhances energy security and reduces dependence on imports.
Chiejina emphasized that the refinery’s operations are driven by its dedication to supporting national energy stability and consumer confidence. “We are working collaboratively with regulatory agencies and distribution partners to guarantee efficient nationwide delivery,” he said. “Dangote remains steadfast in its commitment to meeting the energy needs of Nigerians.”
Join our WhatsApp ChannelThe refinery’s impact on the economy is already being felt, with improved local production of petroleum products helping to stabilize the exchange rate and strengthen the naira. Chiejina noted that the company’s efforts have reduced foreign exchange outflows and increased inflows, which in turn supports the naira and strengthens the economy.
Regarding the recently announced tariff policy, Chiejina described it as a “good start” aimed at protecting domestic industries from unfair competition and safeguarding local production. He warned that failure to protect local industries could lead to large-scale dumping from countries in Asia and Europe with excess production capacity, which would strangulate domestic refineries and undermine the government’s policies aimed at promoting industrial growth and economic stability.
Chiejina commended President Bola Ahmed Tinubu for approving the tariff policy, saying it reflects the administration’s commitment to creating a stable, business-friendly environment that supports local investment and enhances energy security. “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,” he said.
The Dangote Refinery, equipped with advanced technology and extensive infrastructure, is expected to significantly eliminate reliance on fuel imports, enhance supply chain stability, and alleviate pressure on foreign exchange reserves. With its commitment to maintaining an uninterrupted supply of petrol, the refinery is poised to play a critical role in ensuring energy security and stability in Nigeria.
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In a recent assurance, Aliko Dangote, President of Dangote Industries Limited, assured Nigerians that the prices of petrol will not be hiked during the ember months, despite recent global price increases. “I want to assure Nigerians that the Dangote Refinery is fully committed to maintaining an uninterrupted supply of petrol throughout the festive period,” he said. “Nigerians can look forward to a Christmas and New Year free of fuel anxiety.”
The refinery’s impact on the market has already been significant, with the average price of PMS dropping from N1,030 per liter in September 2024 to N841-N851 per liter in September 2025. Similarly, the price of diesel has dropped from N1,400-N1,700 per liter to around N1,020 per liter. With petrol prices in neighboring West African countries ranging between $1.20 and $2.00 per liter, Nigeria’s average price of around $0.60 per liter is a clear indication of the refinery’s profound impact on affordability and supply stability.
