…says it produced 50m litres daily
Dangote Petroleum Refinery has rejected reports claiming that the facility is shutting down for maintenance, describing the allegations as false and misleading.
In a statement released on Monday, the management emphasised that production remains ongoing, stable, and uninterrupted.
“Dangote Petroleum Refinery continues to operate at scale and retains the capacity to supply between 40 million and 50 million litres of Premium Motor Spirit (PMS) daily through January and February, subject solely to market demand,” the statement read.
To substantiate its claim, the refinery disclosed that on January 4, it produced 50 million litres of PMS and evacuated 48 million litres via its gantry. It further noted that current stock levels cover over 20 days of national consumption, effectively dispelling any concerns about supply shortages.
The company clarified that routine maintenance on specific units, including the Crude Distillation Unit (CDU) and Residual Fluid Catalytic Cracking (RFCC), does not interrupt overall production due to the sophisticated and integrated design of its processing units.
It assured that other critical units, such as the Naphtha Hydrotreater, CCR Reformer, and Hydrocracker, remain fully operational, producing PMS, Diesel (Automotive Gas Oil), and Jet A-1.
“Dangote Petroleum Refinery confirms that it has consistently maintained adequate PMS availability for the domestic market. From 16 December 2025 to date, the refinery has loaded between 31 million and 48 million litres of PMS daily from its gantry, in line with prevailing market demand.”
“These volumes are fully verifiable against depot loading records maintained by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in the normal course of its regulatory responsibilities,” the statement added.
Reaffirming its pricing structure, the refinery stated that its ex-gantry price remains N699 per litre for PMS, available to all marketers and bulk consumers. It encouraged filling stations, large-scale users, and institutional buyers to prioritise locally refined products over imported alternatives.
“By sourcing PMS locally at N699 per litre, marketers are better positioned to pass on price relief to consumers, enhance market stability, conserve foreign exchange, and support Nigeria’s broader economic recovery and energy security objectives,” the company stated.
The refinery also accused fuel importers of promoting false narratives to justify recent unwarranted increases in petrol pump prices, warning that such actions run counter to the national interest.
According to the refinery, without domestic refining, petrol prices could rise to as much as N1,400 per litre in a post-subsidy environment.
“Recent price movements further highlight an uncomfortable reality. In the absence of the Dangote Petroleum Refinery, fuel importers would continue to operate without restraint, with petrol prices potentially escalating to levels estimated at up to N1,400 per litre in a post-subsidy environment. The refinery’s operations have therefore served as a critical stabilising force in the downstream petroleum market,” the statement concluded.