Dangote Petroleum Refinery don seal new agreement with 12 big petroleum marketing companies to distribute between 60 million and 65 million litres of Premium Motor Spirit (petrol) every day across Nigeria.
President of Dangote Group, Aliko Dangote, announce di development for Lagos, say di arrangement go help stabilise fuel supply and strengthen Nigeria fuel self-sufficiency.
According to am, di refinery go supply up to 65 million litres daily for local market, while surplus of between 15 million and 20 million litres go dey exported after domestic demand don meet.
Nigeria Fuel Supply Go Improve
Nigeria daily petrol consumption dey range between 50 million and 60 million litres. With dis new deal, di refinery fit supply between 1.8 billion and over 2 billion litres monthly, depending on output and number of days for di month.
Di agreement follow earlier understanding wey di refinery reach with downstream operators for October 2025 to stabilise supply and reduce pump price wahala.
Di arrangement get endorsement from Nigerian Midstream and Downstream Petroleum Regulatory Authority to make sure say distribution smooth and to stop hoarding and price speculation.
12 Major Marketers Join Deal
Di marketers wey go handle nationwide distribution include:
MRS Oil Nigeria Plc
Nigerian National Petroleum Company Limited
11 Plc
TotalEnergies Marketing Nigeria
Rainoil Limited
Northwest Petroleum & Gas Company Limited
Ardova Plc
Bovas & Company Limited
AA Rano Nigeria Limited
AYM Shafa Limited
Conoil Plc
Masters Energy
NNPC Hail Refinery Capacity
Group CEO of Nigerian National Petroleum Company Limited, Bayo Bashir Ojulari, recently describe di refinery as national asset wey fit transform Nigeria energy security.
According to am, di plant wey dem design for 650,000 barrels per day recently record live production of 661,000 barrels per day — sign say di facility dey perform above expectation.
Observers say dis structured offtake model fit help Nigeria reduce dependence on imported fuel, conserve foreign exchange and improve trade balance, as di country move closer to full local refining capacity.
