Dangote Refinery has declared an end to fuel scarcity in Nigeria’s post-subsidy era, assuring Nigerians of steady supplies of high-quality petrol and greater price stability as local refining capacity continues to expand.
Speaking with journalists, Managing Director and Chief Executive Officer of Dangote Refinery, Mr. David Bird, said the facility is delivering premium petrol that meets Euro V specifications, marking a clear break from years of dependence on imported and often substandard fuel. According to him, the refinery’s products now compete confidently on the global stage, with refined petrol exported to Europe and jet fuel supplied to the Middle East.
Bird explained that the refinery’s advanced design and operational flexibility allow it to maintain high output even during routine maintenance. He said the scale and efficiency of the plant position it to meet Nigeria’s domestic fuel needs while competing effectively in international markets, describing the investment as a turning point for Nigeria’s energy and industrial future.
The refinery currently operates a 24-hour loading system capable of dispatching more than 1,000 trucks daily, ensuring uninterrupted distribution across the country. Bird disclosed that daily fuel offtake has at times exceeded 52 million litres, reflecting strong demand and improved logistics nationwide.
Addressing concerns about pump prices, Bird said increased domestic refining has helped shield Nigeria from sharp swings in global oil markets. He added that the crude-for-naira arrangement has reduced pressure on foreign exchange and supported naira stability, helping to moderate fuel prices despite global volatility.
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Looking ahead, Bird revealed plans to expand the refinery within the next three years, alongside fresh investments in petrochemicals, including polypropylene, base oils, and liquefied petroleum gas. He also confirmed that preparations are underway to list part of the refinery on the Nigerian Exchange, allowing Nigerians to directly own shares in the project.
Describing the refinery as a continent-shaping investment, Bird said the project has already transformed a stretch of Lagos into what could become a world-class industrial hub. He noted that since the second half of 2025, the refinery has consistently delivered more than 50 million litres of refined products daily, occasionally surpassing 52 million litres.
He attributed the performance to the vision of Dangote Group founder, Alhaji Aliko Dangote, and the refinery’s unique structure. According to Bird, the facility operates not just as a conventional refinery but as a full merchant refining, blending, and trading platform, with 100 percent seaborne feedstock that allows it to process a wide range of Nigerian and alternative crude grades.
With fuel subsidy removed and local refining taking center stage, Dangote Refinery insists Nigeria has entered a new phase where scarcity is no longer inevitable, quality is guaranteed, and long-term price stability is within reach.
