{"id":111249,"date":"2025-11-02T11:25:16","date_gmt":"2025-11-02T11:25:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/111249\/"},"modified":"2025-11-02T11:25:16","modified_gmt":"2025-11-02T11:25:16","slug":"dangote-refinery-vows-uninterrupted-supply-says-15-fuel-import-duty-for-market-stability","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/111249\/","title":{"rendered":"Dangote Refinery vows uninterrupted supply, says 15% fuel import duty for market stability"},"content":{"rendered":"


\n <\/a><\/p>\n

The Dangote Petroleum Refinery has issued a firm commitment to ensuring a steady and uninterrupted supply of petrol and diesel throughout Nigeria, specifically assuring citizens of a fuel-scarcity-free festive period.\n<\/p>\n

In a press statement dated October 31, 2025, the refinery\u2019s management detailed its production capacity, impact on prices, and strong endorsement of a new government tariff policy designed to protect local industries.\n<\/p>\n

Read also:\u00a0Dangote refinery must be supported to succeed \u2013 Bagudu<\/a>\n<\/p>\n

Guaranteed supply and price stability<\/p>\n

Anthony Chiejina, Group Chief Branding and Communications Officer for Dangote Industries Limited, announced that the refinery is currently loading over 45 million litres of Premium Motor Spirit (PMS), commonly known as petrol, and 25 million litres of Automotive Gas Oil (diesel) daily. \u201cThis output significantly exceeds Nigeria\u2019s domestic consumption.\u201d\n<\/p>\n

\u201cOur refinery is currently loading over 45 million litres of PMS and 25 million litres of diesel daily which exceeds Nigeria\u2019s demand,\u201d Chiejina stated. \u201cWe are working collaboratively with regulatory agencies and distribution partners to guarantee efficient nationwide delivery.\u201d<\/p>\n

This robust production capacity has been pivotal in stabilising the market. The statement highlighted that since commencing petrol production, the refinery has played a key role in reducing costs for consumers.\n<\/p>\n

Data provided shows that the average price of petrol dropped from about N1,030 per litre in September 2024 to an average of N841\u2013N851 per litre in September 2025, following the implementation of the refinery\u2019s Direct Delivery Scheme.\n<\/p>\n

Similarly, the price of diesel saw a significant drop, falling from a range of N1,400-N1,700 per litre in September 2024 to around N1,020 per litre by September 2025.\n<\/p>\n

Read also:\u00a0Dangote Refinery listing could be the stock market\u2019s long-awaited elixir<\/a> <\/p>\n

Strong defence of new government tariff<\/p>\n

A significant portion of the statement was dedicated to defending the Federal Government\u2019s recent tariff policy on imported petroleum products. Chiejina described the move as \u201ctransformative\u201d and a testament to President Bola Ahmed Tinubu\u2019s \u201ccourageous and visionary leadership.\u201d<\/p>\n

He argued that the tariff is essential to protect Nigeria\u2019s budding refining industry from the threat of \u201cdumping\u201d, where foreign producers flood the market with cheap, subsidised, or even substandard products.\n<\/p>\n

\u201cDumping engenders poverty, discourages industrialisation, creates unemployment and leads to revenue loss for the government,\u201d Chiejina explained. He pointed to the collapse of Nigeria\u2019s once-thriving textile industry as a cautionary tale of the damage caused by dumping.\n<\/p>\n

He warned that failure to protect local industries could lead to large-scale dumping from countries in Asia and Europe with excess production capacity, which would \u201cstrangle domestic refineries, cripple allied industries, and undermine the laudable policies of President Bola Tinubu\u2019s administration.\u201d\n<\/p>\n

Read also:\u00a0Dangote Refinery denies importing high-sulphur petrol, clarifies feedstock shipment<\/a>\n<\/p>\n

Economic impact and call for patriotism<\/p>\n

The refinery emphasised that its operations have had a positive macroeconomic impact by \u201creducing foreign exchange outflows and increasing inflows, which in turn supports the naira and strengthens the economy.\u201d<\/p>\n

Chiejina urged \u201crent-seekers\u201d to reconsider their business practices and align with the government\u2019s vision for a self-sustaining energy sector. He called for a collective sense of patriotism and responsibility, stating that it would be \u201cunpatriotic for anyone to criticise the recently announced tariff,\u201d which he described as a \u201cgood start.\u201d\n<\/p>\n

The statement concluded with a reassurance from the President of Dangote Industries Limited, Aliko Dangote, that the prices of petrol will not be hiked during the ember months despite recent global price increases, ensuring Nigerians can \u201clook forward to a Christmas and New Year free of fuel anxiety.\u201d<\/p>\n

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