Dangote Refinery has revised its distribution policy, saying marketers are now free to choose between gantry and coastal loading of petroleum products from the refinery. It said the refinery does not impose restrictions on the evacuation modes chosen by marketers. Change in Distribution Policy In a statement released on Thursday night, the refinery, however, warned …
The Dangote Petroleum Refinery has again clarified its operations following allegations that it was importing finished fuel into Nigeria. It dismissed reports claiming that it imports finished petroleum products (petrol, diesel, or aviation fuel), describing them as false and rooted in a misunderstanding of the standard refinery's operations. According to a statement released by the …
Between late 2025 and early 2026, the Nigerian petrol market has begun to gradually feel what seems like the effect of deregulation, with the rising competition among marketers triggered by the entry of Dangote Refinery. The 650,000 barrels per day refinery, which began operations in 2024, has significantly ramped up production, challenging the long-standing import-based …
The average daily consumption of Premium Motor Spirit (PMS), also known as petrol, rose by 20.42 per cent month-on-month from 52.9 million litres per day in November to 63.7 million litres per day in December 2025. On a year-on-year basis, it reflected a 21.8 per cent surge from 52.3 million litres per day recorded in …
In a bid to sustain daily delivery of 50 million litres of Premium Motor Spirit, also known as petrol, across Nigeria, Dangote Refinery has begun 24-hour loading operations. This shift is part of the refinery’s efforts to eliminate the long-standing issue of fuel scarcity in Nigeria by ensuring that the facility's optimal production levels are …
Dangote Petroleum Refinery has debunked a report circulating in sections of the media claiming that the refinery is shutting down due to maintenance issues. In a statement released on Monday, the refinery management described the reports as “false and misleading” and accused fuel importers of deliberately sponsoring such fabrication because they felt their commercial interests …
The Federal Competition and Consumer Protection Commission (FCCPC) has warned road transport operators in Nigeria against an arbitrary hike in fares during the Christmas season. The agency said its warning followed several complaints by travellers across the country. In a statement released on Sunday, December 21, signed by Ondaje Ijagwu, Director, Corporate Affairs, FCCPC, it …
Nigerians have called on the Nigerian National Petroleum Company (NNPC) Limited to drop its pump prices of petrol below what is sold by Dangote Refinery distribution partners. This public demand further highlights a fascinating shift in Nigeria’s downstream oil market, now characterized by rising competition between the state-owned oil firm and private marketers. The public …
As the festive season approaches, Dangote Refinery has announced another slash of its gantry price of Premium Motor Spirit (PMS), also known as petrol to ₦699. This reflects a ₦129 or 15.58 per cent reduction when compared to ₦828 per litre sold previously. In a statement, the refinery said the new price takes effect on …
A group known as the Peering Advocacy and Advancement Centre in Africa (PAACA) has called on the Nigerian government to delay the implementation of the 15 per cent tariff on import of petrol and diesel until local refineries reach the capacity to meet at least 80 per cent of national demand. The group, which made …
