Dangote Refinery to supply 65m litres of petrol daily

The Dangote Petroleum Refinery & Petrochemicals is set to supply between 60 and 65 million litres of Premium Motor Spirit (PMS) daily to the Nigerian market, a move expected to meet domestic demand and enable exports of up to 20 million litres.

President of the Dangote Group, Aliko Dangote, disclosed the development in Lagos, noting that the refinery has finalised a structured offtake agreement with selected marketers to guarantee nationwide distribution and stabilise supply.

Dangote said the framework would allow the refinery to supply up to 65 million litres daily for domestic consumption, while excess production estimated at 15 to 20 million litres would be exported.

Nigeria’s daily petrol consumption averages between 50 and 60 million litres, meaning the refinery’s projected output surpasses current national demand and signals a shift away from decades of reliance on imported fuel and recurring shortages.

Under a revised distribution model endorsed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, supply will be channelled through major marketing firms, including Nigerian National Petroleum Company Limited Retail and other leading operators, in an effort to eliminate bottlenecks and reduce speculative practices that have historically disrupted the market.

Industry analysts say the development represents a structural turning point in Nigeria’s downstream petroleum sector. Increased local refining capacity is expected to cut foreign exchange spending on fuel imports, ease pressure on the naira and improve the country’s trade balance.

During a recent visit to the facility, the Group Chief Executive Officer of NNPC Limited, Bayo Bashir Ojulari, described the refinery as a transformative national asset capable of strengthening energy security and accelerating industrial growth.

Ojulari noted that the refinery, originally designed for 650,000 barrels per day, had exceeded expectations during operations, recording output above projected levels.

The ramp-up in production positions Nigeria closer to fuel self-sufficiency while opening opportunities for export earnings and broader economic gains from the country’s expanding refining capacity.