Amid mounting concerns over rising petrol prices across Nigeria, the Dangote Petroleum Refinery has announced that it currently holds over 310 million litres of Premium Motor Spirit (PMS)—commonly known as petrol—ready for distribution. The company has assured that it is fully prepared to supply marketers nationwide and stabilize fuel availability.
Speaking in Lagos, the Vice President of Dangote Industries Limited, Devakumar Edwin, disclosed that the refinery is now operating at sufficient capacity to meet Nigeria’s domestic petrol demand and still maintain export commitments. He extended an open invitation to all licensed petroleum marketers, urging them to “bring their trucks” and lift products directly from the facility.
“We have over 310 million litres of petrol in our storage tanks, ready for immediate loading,” Edwin said. “The refinery is fully open to all marketers—major, independent, and depot owners. We are ready to supply enough products to meet Nigeria’s needs and even export to neighbouring countries.”
The announcement comes amid a period of nationwide anxiety over fluctuating fuel prices, long queues at filling stations, and concerns about product scarcity. Many Nigerians have expressed frustration over the rising cost of petrol, which has affected transportation, electricity generation, and the overall cost of living.
Edwin emphasized that the Dangote Refinery, Africa’s largest integrated refining complex, was established precisely to end such crises by ensuring local production and reducing reliance on imported petroleum products.
Industry observers see the refinery’s readiness to supply as a potential turning point for Nigeria’s energy market, which has long struggled with unstable supply chains and foreign exchange pressures tied to fuel imports.
Located in the Lekki Free Zone, Lagos, the 650,000 barrels-per-day Dangote Refinery officially began refining operations earlier this year and has since produced diesel, aviation fuel, and now petrol for commercial use.
Edwin assured that the company remains committed to transparency and collaboration with all stakeholders in the downstream sector, stressing that pricing will be competitive and guided by prevailing market conditions.
He further reiterated the refinery’s long-term goal of achieving energy self-sufficiency for Nigeria while positioning the country as a major exporter of refined petroleum products within Africa.
Analysts believe that if the refinery sustains consistent distribution and fair pricing, it could significantly ease the burden on consumers, stabilize fuel supply, and contribute to the federal government’s efforts to strengthen the nation’s energy security.
