Dangote Refinery Ends Nigeria Fuel Queues
Analysis based on 9 articles · First reported Dec 05, 2025 · Last updated Dec 06, 2025
The announcements by Aliko Dangote regarding the Dangote Refinery's capacity and expansion plans are expected to significantly boost Nigeria's economy by ensuring stable fuel supply, reducing imports, and creating jobs. This will positively impact the oil and gas, chemicals, and logistics industries, potentially attracting further foreign investment into Nigeria.
Aliko Dangote, President of Dangote Group, announced that Nigeria has overcome decades of fuel scarcity, with the Dangote Refinery now capable of supplying 50 million litres of Premium Motor Spirit daily, exceeding national consumption. He assured stable fuel supply for the Christmas season and beyond, and stated that by February, the refinery will produce a surplus for export to neighboring countries. Dangote also unveiled ambitious plans to expand the refinery's capacity to 1.4 million barrels per day by 2028, making it the world's largest, surpassing Reliance Industries. Additionally, the group aims to increase urea production to 12 million tonnes annually, positioning Nigeria as the global leader in fertilizer production, ahead of Russia and Qatar. He attributed recent drops in petrol and diesel prices to increased competition and reduced smuggling. Dangote also highlighted the development of a deep-sea port at Olokola to address logistics constraints in Nigeria's solid minerals sector and expressed strong support for President Bola Tinubu's naira-for-crude initiative and Nigeria-first industrial policy.
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