- The Africa’s richest man claimed his refinery has over N600 billion worth of petrol in its stores.
Africa’s largest crude oil refining facility, Dangote refinery, says the 650,000 barrels per day refinery can meet Nigeria’s 100 percent petroleum production requirements.
The President and Chairman of Dangote Group, Aliko Dangote, disclosed this during a tour of the $20bn Lekki-based facility with the Zambia Minister for Energy, Makozo Chikote, at the weekend.
According to him, the refinery produces enough petroleum products for local consumption and export.
“We have more than enough. The refinery is producing enough refined products, like gasoline, diesel, and kerosene, to meet 100 percent of Nigeria’s requirements,” he stated.
Recall that the Africa’s richest man claimed his refinery has over N600 billion worth of petrol in its stores.
This comes after the Nigerian Midstream and Downstream Petroleum Regulatory Authority recently said that local refineries, including Dangote Refinery, met only 50 percent of Nigeria’s petrol requirements in February 2025.
NMDPRA’s comments came amid speculation that the Nigerian National Petroleum Company Limited has continued to import fuel.
However, NNPC denied importing fuel in 2025.
Dangote Refinery and NNPCL have been in a war path since the commencement of fuel rollout by the former in September 2024.
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