• Home
  • News
  • Politics
  • Feature
  • Business
  • Opinion
  • Interview
  • Sports
Saturday, May 9, 2026
  • Login
  • Home
  • News
  • Politics
  • Feature
  • Business
  • Opinion
  • Interview
  • Sports
No Result
View All Result
Kogi Flame
  • Home
  • News
  • Politics
  • Feature
  • Business
  • Opinion
  • Interview
  • Sports
No Result
View All Result
No Result
View All Result
📰 Get Latest News Updates

Join our Telegram group and receive breaking and trending news updates directly on your phone.

Join for News Updates ✕

Dangote Refinery says Fuel scarcity has gone with subsidy, Delivers World-Class Fuels to Nigerians

Assures Nigerians on Price Stability, Listing of Refinery stocks

Kogi Flame by Kogi Flame
January 14, 2026
in Business
0
Dangote Refinery says Fuel scarcity has gone with subsidy, Delivers World-Class Fuels to Nigerians

RelatedPosts

Dangote Refinery says ex‑depot price remains unchanged

PMS Pump Price in Nigeria Faces Upward Pressure as Global Crude Oil Prices Soar

Q1 2026: Dangote Cement Grows Exports by 71.6% as Capacity Hits 55MTA

Spread the love

Kogiflame

Dangote Refinery has reaffirmed its commitment to supplying Nigerians with premium-quality petrol (PMS) that meets global standards, in line with its vision of ensuring energy security for Nigeria and Africa.

Speaking at a media briefing in Lagos, Mr. David Bird, Managing Director and Chief Executive Officer of Dangote Refinery, emphasized the facility’s advanced design and operational flexibility, which enable sustained high output even during scheduled maintenance.

“Dangote Refinery delivers world-class fuels meeting Euro V specifications to the Nigerian market, marking a decisive shift from the era of substandard imports. Our ability to export refined petrol to Europe and jet fuel to the Middle East underscores the quality and global competitiveness of our products,” Bird stated.

“With our scale, efficiency, and product quality, we are positioned to compete globally while meeting Nigeria’s domestic needs. This investment fundamentally transforms Nigeria’s energy, industrial, and economic landscape.”

The refinery operates a 24-hour loading system with capacity to evacuate over 1,000 trucks daily, ensuring uninterrupted nationwide distribution. Daily offtake has at times exceeded 52 million litres, reflecting strong market demand and improved logistics efficiency.

Despite global price fluctuations, Bird noted that increased domestic refining capacity has shielded Nigeria from extreme volatility in international crude and product markets, helping maintain relatively stable pump prices.

He also highlighted the crude-for-naira arrangement as a strategic measure to conserve foreign exchange and support naira stability.

Looking ahead, Bird revealed plans for a major expansion within three years, alongside investments in petrochemicals such as polypropylene, base oils, and liquefied petroleum gas (LPG).

He added that preparations are underway to list a portion of the refinery on the Nigerian Stock Exchange, enabling Nigerians to participate directly in its ownership.

Describing the project as a “continent-building investment,” Bird expressed pride in its transformative impact:

“It’s no exaggeration to say this is a continent-building project. I arrived in August and stand on the shoulders of giants who have achieved incredible milestones to turn this part of Lagos into what has the potential to become a world-scale industrial hub.”

Bird confirmed that the refinery is now focused on stabilisation and ramping up capacity. He said the facility delivered more than 50 million litres of products per day in the second half of 2025, occasionally exceeding 52 million litres.

He attributed this performance to the refinery’s unique design and the strategic foresight of Dangote Group founder, Alhaji Aliko Dangote:

“We’re not just a traditional refinery. Thanks to Alhaji Aliko Dangote’s vision, we have the infrastructure to operate as a complete merchant refining, blending, and trading platform. Our feedstock is 100% seaborne, giving us flexibility to process a wide variety of Nigerian and alternative crude grades.”

Kogi Flame

Kogi Flame

Related Posts

PMS Pump Price in Nigeria Faces Upward Pressure as Global Crude Oil Prices Soar
Business

Dangote Refinery says ex‑depot price remains unchanged

May 8, 2026
PMS Pump Price in Nigeria Faces Upward Pressure as Global Crude Oil Prices Soar
Business

PMS Pump Price in Nigeria Faces Upward Pressure as Global Crude Oil Prices Soar

May 6, 2026
Q1 2026: Dangote Cement Grows Exports by 71.6% as Capacity Hits 55MTA
Business

Q1 2026: Dangote Cement Grows Exports by 71.6% as Capacity Hits 55MTA

May 5, 2026
Dangote Group Reaffirms Commitment to Zambia’s Economic Growth
Business

Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu

May 4, 2026
Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu
Business

Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu

May 3, 2026
Nasarawa Trade Fair: Dangote Says More Jobs Coming
Business

Nasarawa Trade Fair: Dangote Says More Jobs Coming

May 3, 2026
Load More
Next Post
Agankyu Stool: Kakanda Budon Elders Clarify Succession Rules, Dismiss Eligibility Claim

CSDA implements 74 community development plans, 187 micro-projects in Kogi

No Result
View All Result
  • Tinubu’s Reforms Expanding Access to Healthcare, Education, Infrastructure — NPHCDA Boss
  • Kogi APC Screens Speaker, Other Assembly Aspirants Ahead of 2027 Elections
  • Karimi, Gov Ododo Meet to Strengthen APC Ahead of 2027 Elections
  • 16 Die, Six Injured in Tragic Lokoja–Okene Highway Crash
  • Ododo Visits Ibaji Communities, Calls for Peace After Deadly Clash

Categories

  • Business
  • Course
  • Fashion
  • Feature
  • Featured
  • Health
  • Interview
  • Music
  • News
  • Opinion
  • Politics
  • Recipes
  • Sport
  • Sports
  • Uncategorized
  • World

All Rights Reserved ©2025. Designed by Domotechhub.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Feature
  • Business
  • Opinion
  • Interview
  • Sports

All Rights Reserved ©2025. Designed by Domotechhub.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In