The Dangote Petroleum Refinery has rolled out a bulk petrol supply initiative under its “Vision 2030: Accelerating Africa’s Industrialisation” agenda.
The scheme combines free direct delivery and a 10-day credit facility for qualified high-volume marketers and commercial distributors.
In a post on its X handle, the Dangote Group said the offer is available to marketers buying a minimum of 250,000 litres at a gantry price of ₦1,215 per litre.
The phase 1 rollout of the free petrol delivery service will be available in the following states: Lagos, Ogun, Rivers, Kaduna, Abuja and Delta. It said other states are coming soon.
The free delivery scheme commenced following the refinery’s reversal of a previous policy to sell all petroleum products in U.S. dollars. At that time, the petrol price was set at $0.779 per litre (excluding the free delivery and credit scheme), as the refinery sought to mitigate the risks of exchange rate fluctuations due to crude oil being purchased in dollars while local sales were in naira.
However, by July 22, 2026, the refinery reversed the dollar-based pricing. The new ex-depot price for petrol was reported at ₦1,215 per litre, which was an increase of ₦140 per litre from the previous price.
Free Delivery and Credit Terms
The offer of free delivery and a 10-day credit facility is part of a long-standing programme. Backed by a bank guarantee, the credit facility allows marketers to defer payment and ease cash-flow pressures.
The refinery offers free direct delivery to registered stations or bulk buyers using its fleet of CNG-powered trucks.
The target audience is major fuel marketers, industrial users, logistics fleets, and bulk distributors.
Pinnacle Daily recalls that the refinery had proposed commencing the direct fuel supply scheme for marketers and other bulk fuel buyers in August last year.
It stressed that the goal of the free delivery scheme is to reduce transportation costs, eliminate supply bottlenecks, and improve downstream market liquidity.
The $20 billion facility, which has ramped up its capacity to 700,000 barrels per day, has been dominating the supply of Premium Motor Spirit (PMS), also known as petrol, to the domestic market.
Recent data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) revealed that the refinery, which produced an average of 39.1 million litres daily, supplied 32.5 million litres daily to the domestic market and exported 3.4 million litres daily in June 2026.
In terms of import of crude oil feedstock, the 700,000-bpd refinery is projected to consume about 2.5 per cent of globally traded crude oil once it reaches its full capacity.
At full ramp-up, the refinery’s total throughput equals roughly 10 per cent of total U.S. refining capacity.
President of Dangote Group, Alhaji Aliko Dangote, who spoke on Wednesday when he hosted Nigeria’s Minister of State for Industry, Mr John Enoh, at the refinery complex in Lagos on Wednesday, said the refinery has reversed the country’s trajectory of fuel import dependence.
The company is currently working towards expanding the refinery capacity to 1.4 million barrels per day by 2028. At that scale, it would rank among the world’s largest refining complexes.
While highlighting the challenges he faced and the financial risks he took while building the refinery, Dangote said he has remained committed to creating jobs through industrialisation.
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Dangote urged the government to prioritise policy stability and long-term industrialisation over short-term tax incentives, noting that domestic manufacturing remains the fastest path to job creation.
He stressed that a stable policy system creates a conducive environment for businesses and boosts investor confidence in the economy.
“There is no way to create jobs and prosperity without industrialisation,” Dangote stated. “The greatest attraction for foreign investors is the success of domestic investors. When local investors thrive, they send a powerful signal that the environment is conducive for investment,” he added.
Analysts note that the refinery has created a significant impact, as it has shifted Nigeria from being a major fuel importer to an exporter of products, helping to stabilize regional markets.
Victor Ezeja is a Nigerian journalist skilled in producing insightful news analyses, feature stories, and interviews that simplify complex issues and drive informed public discourse. His work combines rigorous research, balanced reporting, and compelling storytelling to highlight developments shaping industries and society. Victor, who holds a Master's Degree in Mass Communication, specializes in energy, aviation, business, and economic reporting. He can be reached via @VICTOREZEJA on X