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Home Research Business Energy

Dangote Refinery ready for daily supply of 65m litres of petrol

ResTV by ResTV
March 2, 2026
in Energy
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Dangote Refinery increases petrol price from N699 to N799/litre, assures steady supply
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Dangote Petroleum Refinery & Petrochemicals has affirmed capacity to supply between 60 and 65 million litres of Premium Motor Spirit (PMS) daily to meet national demand. This mark a landmark shift for Nigeria’s downstream petroleum sector, effectively positioning the country for sustained fuel self-sufficiency with exportation of up to 20 million litres in surplus. 

Confirming the milestone in Lagos, president of Dangote Group, Aliko Dangote, disclosed that a structured offtake agreement had been concluded with selected marketers to ensure nationwide distribution to eliminate supply instability. 

“We have agreed an offtake framework to supply up to 65 million litres daily for the domestic market. Any surplus, estimated at between 15 and 20 million litres, will be exported,” Dangote said. Nigeria’s average daily petrol consumption stands at between 50 and 60 million litres. 

The refinery’s output therefore exceeds current domestic requirements, marking a decisive break from decades of fuel import dependence and recurrent scarcity. 

Under a revised distribution framework approved by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the refinery will channel nationwide supply through major marketing companies, including MRS Oil Nigeria Plc, Nigerian National Petroleum Company Limited (NNPCL) Retail 11 Plc (Mobil Producing Nigeria), TotalEnergies Marketing Nigeria Plc, Rainoil Limited, Northwest Petroleum & Gas Company Limited, Ardova Plc, Bovas & Company Limited, AA Rano Nigeria Limited, AYM Shafa Limited, Conoil and Masters Energy. 

The structured model is designed to eliminate supply bottlenecks and curb speculative practices that have historically triggered disruptions.

Tags: Dangotepetrolrefinery
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