Nigeria’s Dangote Oil Claims Refinery Has Enough Fuel to Meet Nigeria’s Demand

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🟢 Further clarifications indicate that Dangote Refinery does not sell petrol at retail and is not responsible for shortages!

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The Leading Nigeria’s oil refinery is set to circulate enough quantity and good quality of fuel across Nigerian states. On this therefore, every measures are set in place for the commencement of steady supply of enough Petroleum Motor Spirit (PMS) as 9News Nigeria reports.

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Founder Dangote Oil refinery stated that the Dangote Oil Refinery has enough fuel, with 500 million liters of petrol in storage, to meet Nigeria’s demand, accordingly.

Billionaire founder Aliko Dangote made this assertion to counter local fuel marketers’ claims that the refinery cannot meet the nation’s demands, thereby leading to fuel shortages.

He clarified that his refinery does not sell petrol at retail and is not responsible for shortages. “The Dangote Oil Refinery has enough fuel, with 500 million liters of petrol in storage, to meet Nigeria’s demand, Dangote reaffirmed.

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Dangote urged the state-owned Nigerian National Petroleum Corporation (NNPC) and fuel marketers to stop importing fuel from abroad and instead purchase from his refinery. This is indeed is good news following several hitches that bedevilled the supply of fuel across the country.

The billionaire’s words came after a meeting with Nigeria’s President Bola Tinubu, oil regulators, and the NNPC, to discuss policies encouraging crude sales to the refinery in naira.

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The move, which remains in place, is aimed at reducing foreign exchange pressure on the country and securing sufficient crude for the operation of the 650,000-barrel-per-day refinery.

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About Princely Onyenwe 2611 Articles
Princely Onyenwe A seasoned Investigative Journalist, Civil Rights Activist, and Political Analyst, Currently Editor and News reporter with 9News Nigeria www.9newsng.com www.facebook.com/9newsng