The Dangote Petroleum Refinery has assured Nigerians of a consistent supply of petrol and diesel across the country during the forthcoming festive season, revealing that its daily production now exceeds the nation’s consumption capacity.

The Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina, disclosed that the refinery currently produces over 45 million litres of petrol and 25 million litres of diesel daily.

“Our production capacity surpasses national demand,” Chiejina stated, adding that the refinery is working closely with regulators and distributors to ensure smooth and efficient fuel distribution nationwide. “Dangote remains committed to powering Nigeria,” he affirmed.

He further noted that increased domestic refining has contributed to stabilising the naira by cutting foreign exchange outflows and boosting local currency inflows.

Speaking on the government’s new tariff policy, Chiejina described it as an essential move to protect local industries from unfair foreign competition and product dumping.

“Dumping destroys jobs and discourages industrial growth,” he cautioned, calling for stricter enforcement against the importation of substandard petroleum products that endanger public safety and undermine local producers.

Chiejina also commended President Bola Tinubu for supporting the tariff regime, describing it as a “bold and visionary step” towards achieving energy independence and economic transformation. He warned that without such protective measures, cheap petroleum imports from Asia and Europe could cripple domestic refineries and disrupt ongoing reforms.

Equipped with advanced technology, the Dangote Refinery is designed to end Nigeria’s dependence on imported fuels and promote price stability in the energy sector.

Meanwhile, the President of Dangote Industries Limited, Aliko Dangote, assured citizens that fuel prices would remain stable during the Christmas and New Year holidays.

“Nigerians can expect a festive season without fuel queues,” he said.

Since beginning petrol production in September 2024, the refinery has played a key role in reducing fuel prices. Petrol, which sold for about ₦1,030 per litre a year ago, now averages between ₦841 and ₦851, while diesel prices have dropped from around ₦1,700 to roughly ₦1,020 per litre.

In comparison, petrol costs between $1.20 and $2.00 per litre in neighbouring West African countries.