The Dangote Refinery, Nigeria’s first privately owned petrochemical plant, has received commendations for its commitment to delivering quality petroleum products and eliminating the distribution of substandard fuel across the country.
Douglas Inedu, President of the Independent Monitors Group on Economic Reforms, in a statement on Tuesday, praised the refinery for its integrity and role in stabilizing the nation’s fuel supply.
He noted that Dangote Refinery’s operations have debunked criticisms and proven its capability to meet Nigeria’s energy needs.
“The sincerity and integrity of Dangote Refinery in sustaining the supply of quality petroleum products have proven critics wrong. This patriotic investment has ended the era of fake fuel importation and distribution in Nigeria,” Inedu stated.
The group also highlighted that the refinery’s pricing structure and metering system ensure affordability and fairness in fuel distribution. “Apart from providing the most affordable fuel across the country, the metering system of Dangote retailers is excellent, and the combination of its products is good for our vehicles in Nigeria. Their fuel no dey quick burn,” the statement read.
Inedu further pointed out that the partnership between Independent Marketers and MRS with Dangote Refinery has led to a nationwide reduction in the price of Premium Motor Spirit (PMS), since December 2024.
A recent report by S&P Global confirmed that the Dangote Petrochemical Refinery now fulfilled up to 60% of Nigeria’s domestic gasoline demand. This development has significantly reduced the country’s reliance on fuel imports, surpassing industry expectations.
The refinery’s key gasoline production unit, the Residue Fluid Catalytic Cracker (RFCC), became operational in September 2024. Officials have projected that the facility could reach full capacity by mid-March 2025.
“As of January 2025, the refinery was producing over 30 million liters of gasoline per day, operating at more than 85% capacity. This output, equivalent to approximately 200,000 barrels per day (b/d), is set to cover the bulk of Nigeria’s estimated 350,000 b/d gasoline demand,” Inedu added.
According to S&P Global Commodities at Sea data, Nigeria’s gasoline imports dropped to 62,000 b/d in January 2025, a sharp decline from the 2024 average of about 200,000 b/d.
The Independent Monitors Group called on the Nigerian government and industry stakeholders to support Dangote Refinery in sustaining its high standards of fuel production and distribution, ensuring long-term stability in the country’s petroleum sector.
