Nigerians can look forward to a fuel scarcity-free Christmas and New Year, as the Dangote Petroleum Refinery has assured the nation of uninterrupted petrol and diesel supply throughout the festive period.
Key Highlights:
- Dangote Refinery to sustain steady PMS and diesel supply across Nigeria.
- Fuel prices drop sharply as refinery output surpasses demand.
- Company backs federal tariff policy to protect local refineries.
- Local production stabilizes exchange rate and strengthens the naira.
In a statement released on Saturday, the refinery’s management reaffirmed its commitment to ensuring the availability of Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel) nationwide. The company said its daily production capacity now exceeds Nigeria’s total fuel demand, guaranteeing stability during the high-consumption festive months.
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Since beginning operations in September 2024, the Dangote Petroleum Refinery has transformed Nigeria’s petroleum landscape, ending years of recurring scarcity and long queues at filling stations, particularly during holiday seasons.
According to the Dangote Refinery, its operations have led to dramatic reductions in fuel prices. PMS, which sold for about N1,030 per litre in September 2024, now sells between N841 and N851 per litre. Diesel prices have also dropped from as high as N1,700 per litre in northern states to about N1,020 per litre by September 2025.
Comparatively, while petrol prices in many West African countries range between $1.20 and $2.00 per litre, Nigeria’s average price remains around $0.60 per litre, giving the country a strong competitive edge.
Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina, disclosed that the refinery loads over 45 million litres of petrol and 25 million litres of diesel daily. He explained that the company is working closely with regulatory bodies and distributors to ensure efficient delivery nationwide.
“This scale of production not only guarantees a steady local supply but also strengthens Nigeria’s energy security and reduces dependence on imports,” Chiejina said.
Dangote Group expressed full support for the federal government’s tariff policy protecting local refineries from product dumping. Chiejina urged industry players to avoid practices that undermine domestic industries, warning that unchecked dumping from Asia and Europe could cripple local refineries and derail President Bola Tinubu’s industrial growth agenda.
“Dumping destroys local industries, creates unemployment, and drains government revenue. We cannot allow that to happen again,” he cautioned.
According to Chiejina, the refinery’s operations have improved foreign exchange stability, reduced import dependence, and strengthened the naira by keeping more foreign reserves within the country. He described the government’s tariff policy as a patriotic move that supports national development and industrial sustainability.
Aliko Dangote, President of Dangote Industries Limited, also assured Nigerians that fuel prices would remain stable during the ember months despite fluctuations in global crude markets.
Equipped with state-of-the-art technology and modern infrastructure, the refinery is expected to permanently end Nigeria’s reliance on imported fuel, create jobs, and enhance the nation’s economic resilience.
As the festive season approaches, Dangote’s assurance offers Nigerians long-awaited relief from the fuel crises that once defined every December.
