The Dangote Petroleum Refinery has pledged a steady nationwide supply of petrol and diesel throughout the upcoming Christmas and New Year festivities, assuring Nigerians that there will be no fuel shortages during the busy holiday period.
According to the Group Chief Branding and Communications Officer of Dangote Industries Limited, Mr Anthony Chiejina, the refinery’s current output exceeds Nigeria’s total consumption. In a statement released on Saturday, he revealed that the facility now produces over 45 million litres of petrol and 25 million litres of diesel each day.
“Our production capacity surpasses national demand,” Chiejina said. “We are collaborating closely with regulators and distributors to ensure efficient delivery across the country. Dangote remains committed to powering Nigeria.”
He further explained that increased domestic refining has eased pressure on the naira by reducing foreign exchange outflows and encouraging local currency inflows.
Defending the Federal Government’s new tariff policy, Chiejina described it as a necessary safeguard for Nigerian industries. “Dumping destroys jobs and discourages industrial growth,” he warned, urging stricter enforcement to prevent the importation of substandard petroleum products that threaten both public safety and local manufacturers.
Chiejina also commended President Bola Tinubu for endorsing the tariff regime, calling it a “bold and visionary step” towards achieving energy independence and economic renewal. He cautioned that without adequate protection, cheap petroleum imports from Asia and Europe could undermine local refineries and derail ongoing reforms.
Equipped with advanced refining technology, the Dangote Refinery aims to end Nigeria’s dependence on imported fuels while maintaining price stability.
Meanwhile, Aliko Dangote, President of Dangote Industries Limited, assured consumers that fuel prices would remain stable throughout the festive period. “Nigerians can expect a festive season without fuel queues,” he said.
Since beginning petrol production in September 2024, the refinery has contributed significantly to lowering fuel prices. Petrol, which sold for around ₦1,030 per litre last year, now averages between ₦841 and ₦851, while diesel prices have dropped from ₦1,700 to roughly ₦1,020 per litre.
By contrast, petrol currently sells for between $1.20 and $2.00 per litre in neighbouring West African countries.
