The Dangote Petroleum Refinery has announced plans to commence the nationwide distribution of diesel and premium motor spirit (PMS), commonly known as petrol, starting August 15, 2025. This strategic move is set to revolutionise Nigeria’s midstream and downstream oil sector, promoting economic stability, industrial growth, and inclusive development.
According to a statement issued by the company’s spokesperson, Anthony Chiejina, Dangote Refinery has acquired 4,000 brand-new compressed natural gas (CNG)-powered tankers to boost its fuel distribution capabilities across Nigeria. The distribution will be rolled out in phases, backed by investments in CNG refuelling stations, along with over 100 mobile CNG tankers to ensure efficient last-mile delivery.
Eliminating Logistics Costs and Enhancing Energy Efficiency
The refinery will supply products directly to independent and major marketers, fuel dealers, manufacturers, telecom companies, airlines, and other bulk fuel consumers, without any added logistics cost. This move is expected to eliminate logistics costs, enhance energy efficiency, and promote sustainability, ultimately supporting Nigeria’s economic development.
Chiejina stated, “This strategic programme is part of our broader commitment to eliminating logistics costs, enhancing energy efficiency, promoting sustainability, and supporting Nigeria’s economic development.” He added that all petrol stations sourcing PMS and diesel from the Dangote Refinery will benefit from this upgraded logistics support.
Credit Facility and Registration
The company will offer a two-week credit facility to customers who purchase at least 500,000 litres of fuel. These buyers can access another 500,000 litres on credit, provided they secure a bank guarantee. Registration and Know Your Customer (KYC) verification for interested buyers will run from June 16 to August 15.
Alignment with Renewed Hope Agenda
This initiative is aligned with the Renewed Hope Agenda of President Bola Ahmed Tinubu, reflecting a shared vision of economic stability, industrial growth, and inclusive development. Chiejina noted that the initiative is expected to stimulate growth among small and medium-sized enterprises (SMEs), drive government revenue, and boost investor confidence in Nigeria’s downstream oil market.
Boost to Economic Growth
The Dangote Refinery’s nationwide distribution of petrol and diesel is set to have a significant impact on Nigeria’s economy. With the elimination of logistics costs and the introduction of a credit facility, SMEs and other businesses will benefit from increased access to fuel, leading to improved productivity and economic growth.
