Dangote Refinery has reaffirmed its commitment to supplying Nigerians with premium-quality petroleum products, assuring that fuel scarcity has ended with the removal of subsidy and increased domestic refining capacity.
Speaking at a media briefing in Lagos, the Managing Director and Chief Executive Officer of Dangote Refinery, David Bird, said the refinery is delivering petrol (PMS) that meets global Euro V specifications, marking a clear departure from years of reliance on substandard fuel imports.
According to Bird, the refinery’s advanced design and operational flexibility enable it to maintain high output even during scheduled maintenance, strengthening Nigeria’s energy security.
“Dangote Refinery delivers world-class fuels to the Nigerian market. Our ability to export refined petrol to Europe and jet fuel to the Middle East demonstrates the quality and global competitiveness of our products,” he said.
He noted that the scale, efficiency, and quality of the facility position it to compete internationally while meeting Nigeria’s domestic fuel needs, adding that the investment is transforming Nigeria’s energy, industrial, and economic landscape.
Bird disclosed that the refinery operates a 24-hour loading system capable of evacuating more than 1,000 trucks daily, ensuring uninterrupted nationwide distribution. He added that daily offtake has, at times, exceeded 52 million litres, reflecting strong market demand and improved logistics efficiency.
Despite volatility in global oil markets, the Dangote Refinery CEO said Nigeria has been shielded from extreme price swings due to increased domestic refining capacity.
He also highlighted the crude-for-naira arrangement as a strategic initiative that helps conserve foreign exchange and support naira stability, contributing to relatively stable pump prices.
Looking ahead, Bird revealed plans for a major expansion of the refinery within the next three years, alongside further investments in petrochemical products, including polypropylene, base oils, and liquefied petroleum gas (LPG). He also disclosed that preparations are underway to list a portion of the refinery on the Nigerian Stock Exchange, allowing Nigerians to participate directly in its ownership.
Describing the refinery as a “continent-building investment,” Bird expressed pride in its transformative impact on Nigeria’s industrial development.
“This project has the potential to become a world-scale industrial hub. I stand on the shoulders of those who have achieved remarkable milestones in transforming this part of Lagos,” he said.
Bird confirmed that the refinery is currently focused on stabilisation and capacity ramp-up, noting that it delivered more than 50 million litres of products per day in the second half of 2025, occasionally exceeding 52 million litres.
He attributed the performance to the refinery’s unique design and the strategic vision of Dangote Group founder, Aliko Dangote, noting that the facility operates as a complete merchant refining, blending, and trading platform.
“Our feedstock is 100 per cent seaborne, giving us the flexibility to process a wide range of Nigerian and alternative crude grades,” Bird said.
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