We can meet Nigeria’s PMS consumption needs – Dangote
Dangote Petroleum Refinery has reaffirmed that it has sufficient capacity to meet Nigeria’s domestic demand for Premium Motor Spirit (PMS), insisting that its daily production of 75 million litres comfortably exceeds estimated national consumption. In a statement, the refinery stated that Nigeria’s daily PMS consumption is estimated at about 50 million litres, leaving a significant […]
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Dangote Petroleum Refinery has reaffirmed that it has sufficient capacity to meet Nigeria’s domestic demand for Premium Motor Spirit (PMS), insisting that its daily production of 75 million litres comfortably exceeds estimated national consumption.
In a statement, the refinery stated that Nigeria’s daily PMS consumption is estimated at about 50 million litres, leaving a significant supply buffer that can absorb demand surges, reduce the need for fuel imports and stabilise the downstream market.
Beyond petrol, the refinery said it can also supply 25 million litres of Automotive Gas Oil (AGO) daily, compared with an estimated national demand of 14 million litres, as well as 20 million litres of aviation fuel per day, far above the country’s estimated maximum daily consumption of four million litres.
According to Dangote Refinery, the ability to supply volumes above prevailing demand provides critical market resilience, particularly during periods of peak consumption or logistical disruptions, while strengthening Nigeria’s energy security.
“The management of Dangote Petroleum Refinery reiterates our capacity to supply petroleum products of the highest international quality standards to marketers and stakeholders,” the company said.
“Our current capacity includes 75 million litres of PMS, 25 million litres of AGO and 20 million litres of aviation fuel daily,” it added.
Industry analysts say sustained domestic supply at these levels would significantly reduce Nigeria’s dependence on imported refined products, cut foreign exchange exposure and improve pricing stability in the downstream sector.
They also note that surplus supply strengthens inventory cover and reduces the risk of emergency imports, which have historically strained foreign exchange reserves and disrupted local pricing.