*** Assures Nigerians on Price Stability, Listing of Refinery Stocks.
Dangote Refinery has reaffirmed its commitment to supplying Nigerians with premium quality petrol ( PMS ) that meets global standards in line with its vision of ensuring energy security for Nigeria and Africa.
Speaking at a media briefing in Lagos, Mr. David Bird, Managing Director/ Chief Executive Officer of Dangote Refinery, emphasized the facility’s advanced design and operational flexibility, which enable sustained high output even during scheduled maintenance.
“Dangote Refinery delivers world – class fuels meeting Euro V specifications, to the Nigerian market, marking a decisive shift from the era of substandard imports. Our ability to export refined petrol to Europe and jet fuel to the Middle East underscores the quality and global competitiveness of our products,” Bird stated.
“With our scale, efficiency, and globally, while meeting Nigeria domestic needs. This investment fundamentally transforms Nigeria’s energy, industrial, and economic landscape.”
The refinery operates a 24 – hour loading system with capacity to evacuate over 1,000 trucks daily ensuring uninterrupted nationwide distribution. Daily offtake has at times exceeded 52 million litres, reflecting strong market demand and improved logistics efficiency.
Despite global price fluctuations, Bird noted that increased domestic refining capacity has shielded Nigeria from extreme volatility in international crude and product market, helping to maintain relatively stable pump prices. He also highlighted the crude – for – naira arrangement as a strategic measures t conserve foreign exchange and support naira stability.
Looking ahead, Bird revealed plans for a major expansion within three years, alongside investments in petrochemicals, such as polypropylene, base oils, and liquefied petroleum gas ( LPG). He added that preparations are underway to list portion of the refinery on the Nigeria Stock Exchange enabling Nigerians to participate directly in its ownership.
Describing the project as a “continent – building investment” Bird expressed pride in its transformative impact: “Its no exaggeration to say this is a continue – building project. I arrived in August and stand on the shoulders of giants who have achieved incredible milestone to turn this part of Lagos into what has the potential to become a world – scale industrial hub.
Bird confirmed that the refinery is now focused on stabilisation and ramping up capacity. He said the facility delivered more than 50 million litres of products per day in the second half of 2025, occasionally exceeding 52 million litres.
He attributed this performance to the refinery’s unique design and strategic foresight of Dangote Group founder, Alhaji Aliko Dangote.
“We’re not just a traditional refinery. Thanks to Alhaji Aliko Dangote’s vision, we have the infrastructure to operate as a complete modern refinery, blending, and trading platform. Our feed stock is 100% Seaborne, giving its flexibility to process a wide variety of Nigerian and alternative crude grades
