Kate Roland
Nigeria’s largest private refinery says it has sufficient capacity to meet domestic fuel needs and still maintain sizeable supply buffers across key petroleum products, amid ongoing efforts to stabilise the downstream market.
In a statement issued on Thursday, Dangote Petroleum Refinery said it can supply up to 75 million litres of Premium Motor Spirit (petrol) daily, well above Nigeria’s estimated daily consumption of about 50 million litres. The refinery also disclosed that it can produce 25 million litres of Automotive Gas Oil (diesel) per day, compared with estimated national demand of 14 million litres, as well as 20 million litres of aviation fuel daily, far exceeding the estimated domestic requirement of four million litres.
According to the company, the availability of volumes above prevailing demand is designed to provide critical supply buffers, enhance market stability and reduce reliance on fuel imports, particularly during periods of peak consumption or logistical disruptions.
“The management of Dangote Petroleum Refinery would like to reiterate our capability to supply the underlisted petroleum products of the highest international quality standard to marketers and stakeholders,” the company said, listing daily capacities of 75 million litres of petrol, 25 million litres of diesel and 20 million litres of aviation fuel.
The refinery said surplus supply capacity helps limit the need for emergency imports, strengthens inventory cover and improves the resilience of Nigeria’s domestic fuel supply chain. It also reaffirmed its commitment to full regulatory compliance and continued collaboration with the Nigerian Midstream and Downstream Petroleum Regulatory Authority, noting that its supply strategy aligns with efforts to ensure orderly downstream operations.
Dangote Petroleum Refinery said it remains fully engaged with regulators and industry stakeholders in support of Nigeria’s energy security objectives, as the country continues its shift from fuel import dependence to domestic refining. The company added that it is working with market participants to ensure that the benefits of local refining—such as reliable supply, competitive pricing and improved market discipline—are consistently passed on to consumers.
The statement comes days after the refinery announced an increase in its gantry price of petrol from N699 to N799 per litre. The new price places Dangote’s gantry rate at about N70 above the estimated landing cost of imported petrol.
Following the adjustment, the refinery indicated that MRS filling stations should sell petrol at N839 per litre. Checks showed that several filling stations quickly raised pump prices from N739 to N839 or higher.
Further findings revealed that marketers who had completed payments and processed loading documents at the earlier N699 price were asked to pay the difference to N799 per litre before lifting products, after the refinery withdrew its temporary festive price support and invalidated previously issued loading authorisations.
