Dangote Petroleum Refinery , Petrochemicals to supply over 60 PMS million liters to domestic market
Kola Oyelere Kano
In a major boost to Nigeria’s energy security, the Dangote Petroleum Refinery & Petrochemicals has unveiled plans to supply over 60 million litres of Premium Motor Spirit (PMS) daily to the domestic market, with additional volumes earmarked for export.
The refinery said it would deliver between 60 and 65 million litres of petrol per day across the country, exceeding Nigeria’s estimated average daily consumption of between 50 and 60 million litres. A surplus of between 15 and 20 million litres is projected for export to regional markets.
President of the Dangote Group, Aliko Dangote, disclosed the development in Lagos, confirming that a structured offtake agreement has been concluded with selected marketers to ensure seamless nationwide distribution.
“We have agreed an offtake framework to supply up to 65 million litres daily for the domestic market,” Dangote stated. “Any surplus, estimated at between 15 and 20 million litres, will be exported.”
The announcement marks a significant turning point in Nigeria’s downstream petroleum sector, as the refinery’s ramped-up output now surpasses domestic demand, positioning the country for sustained fuel self-sufficiency and potentially ending decades of heavy reliance on imported petrol.
Dangote explained that the structured distribution model is designed to eliminate supply bottlenecks and curb speculative practices that have historically disrupted fuel availability nationwide.
Industry analysts say large-scale local refining could save Nigeria billions of dollars annually in foreign exchange previously spent on fuel imports.
The move is also expected to reduce pressure on the naira, strengthen external reserves and improve the country’s trade balance.
During a recent visit to the facility, the Group Chief Executive Officer of NNPC Limited, Bayo Bashir Ojulari, described the refinery as a transformative national asset capable of redefining Nigeria’s energy security architecture.
Ojulari commended the refinery’s operational performance, noting that it had exceeded initial projections.
“This plant was designed for 650,000 barrels per day. None of us thought it would even touch 550,000. What we saw live today was 661,000. These are live parameters, not reports or photographs,” he said.
With production now exceeding domestic consumption and a structured distribution framework in place, the Dangote refinery is poised not only to stabilise Nigeria’s fuel supply but also to position the country as a net exporter of refined petroleum products within the region.