Aliko Dangote, President and Chairman of Dangote Group, has assured that his 650,000 barrels-per-day (BPD) refinery has the capacity to meet Nigeria’s total petroleum demand.
During a tour of the massive $20 billion Lekki-based refinery with Zambia’s Minister for Energy, Makozo Chikote, Dangote emphasized that the facility produces enough refined petroleum products— including gasoline, diesel, and kerosene— for both local consumption and export.
“We have more than enough. The refinery is producing sufficient refined products to meet 100 percent of Nigeria’s requirements,” he stated.
Earlier, DAILY POST reported that the billionaire businessman revealed the refinery currently holds over N600 billion worth of petrol in its stores.
However, this statement comes amid conflicting reports from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), which recently stated that local refineries, including Dangote Refinery, only supplied 50 percent of Nigeria’s petrol needs in February 2025.
The controversy deepens as speculation grows over whether the Nigerian National Petroleum Company Limited (NNPCL) is still importing fuel. While NNPC has denied importing fuel in 2025, tensions between Dangote Refinery and NNPCL have been brewing since fuel rollout began in September 2024.
With these competing narratives, the future of Nigeria’s fuel supply remains a hot topic, as stakeholders watch to see how this unfolding power struggle will impact the energy sector.
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