Dangote Refinery says Gas shortage has gone with subsidy, Delivers World-Class Fuels to Nigerians

…Assures Nigerians on Worth Stability, Itemizing of Refinery shares

Dangote Refinery has reaffirmed its dedication to supplying Nigerians with premium-quality petrol (PMS) that meets world requirements, in keeping with its imaginative and prescient of guaranteeing power safety for Nigeria and Africa.

Talking at a media briefing in Lagos, Mr. David Fowl, Managing Director and Chief Govt Officer of Dangote Refinery, emphasised the power’s superior design and operational flexibility, which allow sustained excessive output even throughout scheduled upkeep.

“Dangote Refinery delivers world-class fuels assembly Euro V specs to the Nigerian market, marking a decisive shift from the period of substandard imports. Our means to export refined petrol to Europe and jet gasoline to the Center East underscores the standard and world competitiveness of our merchandise,” Fowl said.

“With our scale, effectivity, and product high quality, we’re positioned to compete globally whereas assembly Nigeria’s home wants. This funding essentially transforms Nigeria’s power, industrial, and financial panorama.”

The refinery operates a 24-hour loading system with capability to evacuate over 1,000 vans each day, guaranteeing uninterrupted nationwide distribution. Every day offtake has at occasions exceeded 52 million litres, reflecting sturdy market demand and improved logistics effectivity.

Regardless of world value fluctuations, Fowl famous that elevated home refining capability has shielded Nigeria from excessive volatility in worldwide crude and product markets, serving to preserve comparatively secure pump costs. He additionally highlighted the crude-for-naira association as a strategic measure to preserve international change and help naira stability.

Wanting forward, Fowl revealed plans for a significant growth inside three years, alongside investments in petrochemicals corresponding to polypropylene, base oils, and liquefied petroleum gasoline (LPG). He added that preparations are underway to checklist a portion of the refinery on the Nigerian Inventory Change, enabling Nigerians to take part immediately in its possession.

Describing the mission as a “continent-building funding,” Fowl expressed satisfaction in its transformative influence:

“It’s no exaggeration to say this can be a continent-building mission. I arrived in August and stand on the shoulders of giants who’ve achieved unbelievable milestones to show this a part of Lagos into what has the potential to grow to be a world-scale industrial hub.”

Fowl confirmed that the refinery is now centered on stabilisation and ramping up capability. He mentioned the power delivered greater than 50 million litres of merchandise per day within the second half of 2025, often exceeding 52 million litres.

He attributed this efficiency to the refinery’s distinctive design and the strategic foresight of Dangote Group founder, Alhaji Aliko Dangote:

“We’re not only a conventional refinery. Due to Alhaji Aliko Dangote’s imaginative and prescient, now we have the infrastructure to function as an entire service provider refining, mixing, and buying and selling platform. Our feedstock is 100% seaborne, giving us flexibility to course of all kinds of Nigerian and different crude grades.”