Dangote Refinery Seals Landmark Deal to Supply Up to 65 Million Litres of Petrol Daily, Eyes Surplus Exports

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In a major boost to Nigeria's energy security and economic independence, the Dangote Petroleum Refinery & Petrochemicals has finalized an offtake agreement with 12 major petroleum marketing companies to supply between 60 and 65 million litres of Premium Motor Spirit (PMS, commonly known as petrol) daily to the domestic market.

Aliko Dangote, President of the Dangote Group, announced the development, stating: “We have agreed an offtake framework to supply up to 65 million litres daily for the domestic market. Any surplus, estimated at between 15 and 20 million litres, will be exported.”

This arrangement positions the refinery to not only meet but exceed Nigeria's current national petrol consumption, which averages between 50 and 60 million litres per day. By surpassing domestic demand, the initiative marks a historic shift away from Nigeria's decades-long reliance on imported refined petroleum products, which have historically led to foreign exchange pressures, supply disruptions, and frequent fuel shortages.

The Dangote Refinery, Africa's largest with a capacity of 650,000 barrels of crude oil per day, has progressively ramped up operations since achieving full capacity in early 2026. The new distribution framework builds on prior collaborations with downstream operators, including an earlier agreement in October 2025 aimed at stabilizing supply and reducing price volatility.

The partnership with the 12 marketers ensures widespread distribution of the refinery's petrol across the country, promising more stable availability at filling stations nationwide. This development is expected to ease the burden on government subsidies (following recent reforms), curb smuggling incentives, and generate export revenues from any surplus production.

Industry observers view this as a transformative milestone for Nigeria's downstream sector. With the refinery now capable of producing volumes that outstrip local needs, the country is poised to achieve sustained fuel self-sufficiency and potentially emerge as a net exporter of refined products in the region.

The agreement underscores the strategic importance of the Dangote Refinery in driving economic reforms, reducing import dependency, and supporting broader industrial growth under Nigeria's current energy policies.

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