Dangote Refinery has thrown its weight behind President Bola Tinubu’s recently approved 15 per cent fuel and diesel import duty tariff.
The spokesperson of Dangote Group, Anthony Chiejina, made
the firm’s stance known in a 4-page statement released at the weekend.
This comes as President Tinubu approved a 15 per cent tariff
on fuel and diesel imports.
The fresh tariff had attracted both condemnation and praise
from Nigerians and stakeholders.
Reacting, Chiejina said that it would be unpatriotic for
anyone to criticise the recently announced tariff, which, according to him, is
a good start.
According to him, the tariff is designed to protect Dangote
Refinery from unfair competition and safeguard local production.
He stressed that reliance on imports discourages
industrialisation, creates unemployment and leads to revenue loss for the
government.
Chiejina said that the 650,000-barrel-per-day refinery is
currently loading over 45 million litres of premium motor spirit and 25 million
litres of diesel daily while reaffirming continued nationwide delivery.
“Our refinery is currently loading over 45 million litres of
PMS and 25 million litres of diesel daily, which exceeds Nigeria’s demand,” Mr
Chiejina said.
“Dumping engenders poverty, discourages industrialisation,
creates unemployment and leads to revenue loss for the government.
“President Bola Ahmed Tinubu continues to embody courageous
and visionary leadership, renewing the hope of Nigerians and restoring investor
confidence in the nation’s economy,” he added.
In October 2025, the country’s downstream oil sector
regulator, the Nigerian Midstream and Downstream Petroleum Regulatory
Authority, said Dangote Refinery produces an average of 20 million litres of
petrol daily, contrary to the company spokesperson’s 45 million litres daily
claim.
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