Dangote Refinery Ends Fuel Scarcity, Delivers World-Class Petrol to Nigerians

Facility assures price stability, outlines expansion plans, and announces future stock listing for Nigerians.

by PEOPLE'S VOICE
2 minutes read

Dangote Refinery Ends Fuel Scarcity, Delivers World-Class Petrol to Nigerians

 

By The People’s Voice Nigeria News

 

Dangote Refinery has reaffirmed its commitment to providing Nigerians with premium-quality petrol (PMS) that meets global standards, signaling the end of fuel scarcity linked to subsidies and substandard imports.

 

At a media briefing in Lagos, Mr. David Bird, Managing Director and CEO of Dangote Refinery, emphasized the facility’s advanced design and operational flexibility, enabling sustained high output even during scheduled maintenance.

 

“Dangote Refinery delivers world-class fuels meeting Euro V specifications to the Nigerian market, marking a decisive shift from the era of substandard imports. Our ability to export refined petrol to Europe and jet fuel to the Middle East underscores the quality and global competitiveness of our products,” Bird stated.

 

The refinery operates a 24-hour loading system with the capacity to evacuate over 1,000 trucks daily, ensuring uninterrupted nationwide distribution. Daily offtake has occasionally exceeded 52 million litres, reflecting strong market demand and improved logistics efficiency.

 

Bird highlighted that increased domestic refining capacity has shielded Nigeria from extreme volatility in international crude and product markets, helping maintain relatively stable pump prices. He also cited the crude-for-naira arrangement as a strategic measure to conserve foreign exchange and support naira stability.

 

Looking ahead, the refinery plans a major expansion within three years and will invest in petrochemicals such as polypropylene, base oils, and liquefied petroleum gas (LPG). Preparations are also underway to list a portion of the refinery on the Nigerian Stock Exchange, allowing Nigerians to participate directly in its ownership.

 

Describing Dangote Refinery as a “continent-building investment,” Bird said,

“It’s no exaggeration to say this is a continent-building project. I stand on the shoulders of giants who have turned this part of Lagos into a world-scale industrial hub. Our infrastructure allows us to operate as a complete merchant refining, blending, and trading platform, with 100% seaborne feedstock for processing various Nigerian and alternative crude grades.”

 

In the second half of 2025, the refinery consistently delivered more than 50 million litres of refined products per day, occasionally surpassing 52 million litres, demonstrating its unique design and operational foresight.

 

Dangote Refinery’s operations are set to transform Nigeria’s energy, industrial, and economic landscape while ensuring reliable fuel supply, price stability, and expanded opportunities for domestic investors.

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