By Atoyebi Nike
Dangote Petroleum Refinery has reaffirmed its commitment to supplying uninterrupted petrol and diesel nationwide, saying its current daily output over 45 million litres of PMS and 25 million litres of diesel surpasses Nigeria’s consumption needs.
According to Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Industries, the refinery is working closely with regulators and distribution partners to maintain efficient nationwide delivery. He said strong local production is helping stabilise the exchange rate, reduce foreign exchange outflows, and strengthen the naira.
Chiejina defended the newly introduced import tariff on fuel, calling it necessary to protect domestic refiners from dumping and unfair competition. He warned that without such measures, Nigeria risked a repeat of past experiences where cheap imports wiped out key industries such as textiles.
He urged the government to tighten enforcement to prevent substandard and toxic fuel from entering the market, stressing that dumping discourages investment and undermines national economic goals.
Chiejina praised President Bola Tinubu for approving the tariff, describing it as a bold step toward securing Nigeria’s energy future, boosting investor confidence, and creating a more stable downstream sector.
He warned that failure to safeguard local refiners could lead to large-scale dumping from Asia and Europe, threatening domestic production and jobs.
Equipped with advanced technology, the Dangote Refinery is expected to reduce fuel imports, strengthen supply chains, and ease pressure on foreign reserves.
Aliko Dangote recently assured Nigerians that petrol prices will remain stable during the festive season, promising uninterrupted supply. Since beginning petrol production in September 2024, the refinery has contributed to price stability by lowering logistics costs and eliminating frequent fuel scarcity.
According to company data, the average PMS price dropped from about N1,030 per litre in September 2024 to around N841–N851 in September 2025. Diesel prices also fell from as high as N1,700 per litre to about N1,020 per litre on average.
Despite global price increases, Chiejina noted that Nigeria’s petrol prices around $0.60 per litre remain significantly lower than those in neighbouring West African countries, where prices range between $1.20 and $2.00 per litre.
