Nigeria’s mega fuel refiner Dangote has assured citizens of a fuel-scarcity-free festive season, pledging to maintain uninterrupted supply of petrol and diesel across the country.
In a statement dated 31 October 2025, Anthony Chiejina, Group Chief Branding and Communications Officer at Dangote Industries Limited, said the company is well-positioned to meet domestic demand.
“Our refinery is producing and loading over 45 million litres of petrol and 25 million litres of diesel each day, which surpass national demand,” Chiejina said.
“We are working closely with regulatory agencies and distribution partners to guarantee efficient nationwide delivery.”
The announcement comes just days after President Bola Tinubu approved a 15% import tax on petrol and diesel—Nigeria’s most consumed fuels—in a move aimed at boosting local refining and reducing reliance on imports.
Currently, around 60% of Nigeria’s fuel needs are met through imports, with Dangote supplying nearly all of the remainder.
The new tax has sparked mixed reactions among industry analysts, some of whom argue it could tilt the playing field in favour of Dangote in what is meant to be a deregulated market.
Dangote has welcomed the policy, calling it “transformative” and a testament to President Bola Ahmed Tinubu’s “courageous and visionary leadership.”
Chiejina emphasised the importance of shielding Nigeria’s emerging refining industry from unfair competition, stating it was vital to protect against “dumping”—the influx of cheap, subsidized, or substandard fuel that threatens local producers.
Since coming onstream, the refinery’s sustained output has helped stabilise Nigeria’s downstream market that previously depended solely on imports.
Following the removal of subsidies on petrol by the government in mid-2023, pump prices maintained a steady rise until late 2024 when products from the Dangote refinery began to permeate the local market.
Official data show that the average pump price of petrol fell from around ₦1,030/litre in September 2024 to ₦841–₦851/litre in September 2025.
Diesel prices also declined sharply from ₦1,400–₦1,700/litre in September 2024 to roughly ₦1,020/litre a year later.
This is attributed partly to Dangote’s recent rollout of a direct fuel delivery scheme that pits it against traditional marketers.
Notwithstanding, Chiejina described these developments as evidence of the refinery’s positive role in stabilising the domestic energy market and supporting the government’s industrialisation objectives.
The statement highlighted that Dangote Refinery’s operations have reduced foreign exchange outflows, boosted inflows, and contributed to stabilising the naira.
Chiejina called on fuel importers and “rent-seekers” to align with the government’s policy direction and support the push for energy self-sufficiency.
“It would be unpatriotic for anyone to criticise the recently announced tariff. This is a good start toward rebuilding national capacity and strengthening the economy.”
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