Aliko Dangote, president of the Dangote Group, says the Dangote refinery will supply up to 65 million litres of petrol daily to meet national demand and export a surplus of up to 20 million litres.
In a statement on Tuesday, Dangote said a structured offtake
agreement has been concluded with selected marketers to ensure nationwide
distribution and eliminate supply instability.
“We have agreed an offtake framework to supply up to 65
million litres daily for the domestic market,” Dangote said.
“Any surplus, estimated at between 15 and 20 million litres,
will be exported.”
According to the statement, Nigeria’s average daily petrol
consumption ranges between 50 and 60 million litres.
The plant said its output therefore “exceeds current
domestic requirements, marking a decisive break from decades of fuel import
dependence and recurrent scarcity”.
Under the revised distribution framework endorsed by the
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the
refinery said it will channel nationwide supply through major marketing
companies.
Dangote refinery listed the companies as MRS Oil Nigeria
Plc, Nigerian National Petroleum Company (NNPC) Limited 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,” the refinery said.
According to the statement, the development signals what
industry analysts consider a major structural shift in Nigeria’s fuel supply
chain.
“For decades, Africa’s largest crude oil producer relied
heavily on imported refined products, exposing the economy to foreign exchange
volatility, logistics disruptions and periodic shortages,” Dangote refinery
said.
“With local refining now exceeding national demand, the
country stands to conserve billions of dollars annually in foreign exchange
previously spent on petrol imports.
“Analysts say this would ease pressure on the naira,
strengthen external reserves, and improve trade balance stability.”
On February 16, the NMDPRA said the Dangote refinery
supplied about 61.78 percent of the country’s petrol in January 2026.
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