Dangote Refinery Vows Steady Fuel Supply, Backs New Tariff Policy

The Dangote Petroleum Refinery has assured Nigerians of uninterrupted petrol and diesel supply during the festive season, saying its daily output now exceeds the country’s fuel needs.

Group spokesperson Anthony Chiejina said the refinery currently produces over 45 million litres of petrol and 25 million litres of diesel each day, adding that local refining is helping to stabilise the naira and reduce import pressure.

He hailed President Bola Tinubu’s approval of a 15% import duty on fuel as a “bold step” to protect local industries, urging regulators to clamp down on the importation of substandard products.

Meanwhile, the Petroleum Products Retail Outlets Owners Association (PETROAN) called on the NNPC to hasten the reopening of Nigeria’s state-owned refineries before December to prevent scarcity during the holidays.

PETROAN president Billy Harry warned that poor policy implementation could harm fuel importers and create market monopolies, stressing that fair regulation is key to maintaining stability.

In a statement, Presidential aide Sunday Dare described the new tariff as a “bridge, not a burden,” saying it will strengthen local refining and gradually stabilise prices.