0 Shares 174 Views

Dangote Refinery Partners with 12 Major Marketers to End Fuel Imports

gisthub Feb 25, 2026
0 175

The Dangote Petroleum Refinery has finalized a distribution agreement with 12 prominent marketing firms to supply between 60 million and 65 million liters of petrol daily.

This strategic move, announced by Dangote Group President Aliko Dangote, aims to satisfy Nigeria’s entire domestic demand—currently estimated at 50 to 60 million liters—while earmarking a daily surplus of up to 20 million liters for export.

Under a framework supported by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, major players including NNPC Retail, TotalEnergies, and Conoil will manage nationwide logistics.

This structured approach is designed to eliminate speculative hoarding, stabilize pump prices, and bolster the country’s foreign reserves by removing the long-standing reliance on expensive fuel imports.

The refinery’s operational success was highlighted by NNPC GCEO Bayo Bashir Ojulari, who noted the facility is currently processing 661,000 barrels per day, exceeding its initial 650,000-barrel design capacity.

As Nigeria continues its downstream reforms following subsidy removal, the refinery is positioned as a transformative asset expected to turn the nation into a net exporter of refined products across the West and Central African regions.

You may be interested

Bishop Oyedepo Tells Followers to Provide His Number to Abductors
General
0 shares11 views

Bishop Oyedepo Tells Followers to Provide His Number to Abductors

gisthub - Apr 24, 2026

Bishop David Oyedepo, founder of the Living Faith Church Worldwide, has instructed his congregants to share his personal contact information with anyone who…

NMA Lagos Suspends Secretary and Officials for Unauthorized Assembly
Government
0 shares11 views

NMA Lagos Suspends Secretary and Officials for Unauthorized Assembly

gisthub - Apr 24, 2026

Tensions have surfaced within the Lagos State branch of the Nigerian Medical Association following the suspension of Secretary Dr. Jimoh Hassan and various…

Nigerian Navy Quells Fire at Kirikiri Correctional Facility
General
0 shares9 views

Nigerian Navy Quells Fire at Kirikiri Correctional Facility

gisthub - Apr 24, 2026

On April 22, 2026, the Nigerian Navy successfully halted a fire at the Nigerian Correctional Service Quarters in Kirikiri, Lagos. The blaze began…

Leave a Comment

Your email address will not be published.

Most from this category