Economy
Dangote Refinery Assures Steady Daily Supply of 75 million Litres of PMS, Others
By Aduragbemi Omiyale
If the assurance from the Dangote Petroleum Refinery is anything to take to the bank, then consumers of petroleum products in Nigeria have nothing to worry about in terms of availability.
The refinery has assured that it has the capacity to supply to them on a daily basis about 75 million litres of premium motor spirit (PMS), otherwise known as petrol; 25 litres of automated gas oil (AGO), also known as diesel; and 20 litres of jet fuel.
Nigeria is estimated to consume about 50 million litres of petrol per day, 14 million litres of diesel, and four litres of aviation fuel.
Dangote Refinery in a statement said the availability of volumes above prevailing demand provides critical supply buffers, enhances market stability and reduces reliance on imports, particularly during periods of peak demand or logistical disruption.
“The management of Dangote Petroleum Refinery would like to reiterate our capability to supply the underlisted petroleum products of the highest international quality standard to marketers and stakeholders,” it said in a public notice.
Industry analysts noted that supplying above estimated consumption reduces the need for emergency imports, strengthens inventory cover, enhances the resilience of the domestic supply chain, and boosts the foreign exchange ecosystem, thereby fortifying the value of the Naira in the currency market.
Dangote Refinery has also reaffirmed its commitment to full regulatory compliance and continued cooperation with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), stating that its supply approach is aligned with ongoing efforts to ensure market stability and orderly downstream operations.
It said it remains fully engaged with regulators and industry stakeholders in support of Nigeria’s national energy security objectives, as the country deepens its transition from fuel import dependence to domestic refining. It added that it continues to work closely with market participants to ensure that the benefits of local refining, including reliable supply, competitive pricing and improved market discipline are delivered consistently to consumers nationwide.


