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.