The Dangote Petroleum Refinery has reaffirmed its capacity to supply fuel volumes significantly higher than Nigeria’s estimated domestic consumption.
In a statement on Thursday evening, the refinery said it can supply 75 million litres of Premium Motor Spirit (petrol) daily, compared with an estimated national consumption of 50 million litres.
Aside from petrol, the plant said it can supply 25 million litres of Automotive Gas Oil (diesel) daily, against an estimated demand of 14 million litres, and 20 million litres of aviation fuel daily, far above the estimated maximum domestic consumption of four million litres.
According to the statement, the availability of volumes above prevailing demand provides critical supply buffers, enhances market stability, and reduces reliance on imports, particularly during periods of peak demand or logistical disruption.
“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: 75 million litres of Premium Motor Spirit, 25 million litres of Automotive Gas Oil, and 20 million litres of aviation fuel daily,” the company said in a public notice.
It noted that supplying above the estimated consumption reduces the need for emergency imports, strengthens inventory cover, and enhances the resilience of the domestic supply chain.
Dangote also reaffirmed its commitment to full regulatory compliance and continued cooperation with the Nigerian Midstream and Downstream Petroleum Regulatory Authority, stating that its supply approach is aligned with ongoing efforts to ensure market stability and orderly downstream operations.
The refinery said it remains fully engaged with regulators and industry stakeholders in support of Nigeria’s national energy security objectives, as the country deepens its transition from fuel import dependence to domestic refining.
It added that it continues to work closely with market participants to ensure that the benefits of local refining—including reliable supply, competitive pricing, and improved market discipline—are delivered consistently to consumers nationwide.
“With domestic refining capacity expanding, stakeholders believe Nigeria is increasingly positioned to reduce foreign exchange exposure, improve supply security, and strengthen downstream efficiency through locally refined petroleum products,” the statement concluded.
On Monday, the Dangote refinery announced an increase in its gantry price of petrol from N699 to N799 per litre.
The new price makes Dangote’s gantry price about N70 higher than the landing cost of imported PMS.
As a result of the increase, the refinery said MRS filling stations should sell petrol at N839 per litre.
Checks by our correspondent confirmed that filling stations immediately raised their prices from N739 on Monday to N839 or more.
Findings by The PUNCH showed that marketers who completed payment and processed final slips at N699 per litre are being asked to top up to N799 per litre before loading, after the refinery withdrew the temporary festive price support and invalidated previously issued loading authorisations.
