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Fuel Scarcity: We Have Enough Product To Meet Local Demand – Dangote

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Aliko Dangote has assured that the Dangote Petroleum Refinery has sufficient Premium Motor Spirit (PMS), commonly known as petrol, in storage to meet Nigeria’s demand.

Speaking over the weekend after a tour of the refinery by Zambia’s Minister of Energy, Makozo Chikote, Dangote revealed that the facility currently holds over half a billion litres of refined petroleum products and more than ₦600 billion worth of fuel in its tanks.

“As we speak right now, we have more than half a billion litres. The refinery is producing enough refined products, like gasoline, diesel, and kerosene, to meet 100 per cent of Nigeria’s requirements,” Dangote said.

He emphasized that the refinery is not just for Nigeria but for the entire African continent, aligning with the goals of the African Continental Free Trade Area (AfCFTA).

We must sustain the African Continental Free Trade Area (AfCFTA) deal. We are trying to see how we trade with other African countries,” he added.

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