The Dangote Refinery has announced that more than 310 million litres of petrol are currently available for loading, assuring Nigerians that fuel production and supply are ongoing without disruption.

During a tour of the facility on Friday, the Group Vice President, Devakumar Edwin, dismissed reports suggesting that the refinery had stopped fuel supply, stressing that operations remain steady and capable of meeting local demand while also serving export markets.

According to him, the refinery’s tanks are well stocked with premium motor spirit (PMS), and marketers can bring in their trucks to lift products.

“We’re producing and loading every day. Whoever doubts it should come and see—we have enough petrol for everyone,” Edwin said.

He explained that the refinery’s recent reduction in crude intake was a normal operational adjustment to manage inventory levels, not an indication of technical issues.

“When crude prices drop, we buy more. But no refinery wants to tie down capital by keeping too much crude in storage. That’s the reason for the adjustment,” he explained.

Edwin added that the refinery, like other large facilities, occasionally undergoes maintenance but continues to produce during such periods. He also noted that the plant produces about 94 per cent light petroleum products—petrol, diesel, and aviation fuel—enough to meet Nigeria’s needs and still export nearly half of its output.

Meanwhile, the recent surge in petrol prices from around ₦865 to nearly ₦1,000 per litre has stirred confusion among consumers, even as both crude oil prices and the naira-dollar exchange rate have remained relatively stable.

The naira currently trades at about ₦1,470 to the dollar, down from ₦1,700 earlier in the year, while Brent crude recently fell below $60 per barrel. Despite this, depot owners reportedly increased their prices, prompting filling stations to follow suit.

The Nigerian National Petroleum Company Limited (NNPCL) said its recent price adjustment—from ₦928 to ₦920 per litre—was due to lower depot costs. Dangote’s partners, MRS and Heyden, are currently selling at ₦925 and ₦923 per litre, while the refinery’s gantry price rose to ₦870 per litre from ₦820.

Despite the price concerns, Edwin assured that the refinery is fully operational and committed to maintaining consistent fuel supply across the country.