Dangote refinery set to supply petrol to Nigeria’s domestic market next month

The are current indications that Nigeria’s dependence on imported petrol will reduce as the $20 billion Dangote refinery has concluded plans to begin supply of petrol to Nigeria’s domestic market from May 2024. Before the coming on stream of the 650,000 barrels per day refinery, the nation had depended almost 100 per cent on imported petrol to meet demand. Facts provided by Dangote Refinery indicate that at full capacity, the facility will produce 99 million litres (26.2 million gallons) of gasoline, diesel, jet fuel and kerosene per day. Meanwhile, the price of Automotive Gas Oil, AGO, popularly known as diesel, has dropped by 20.6 per cent to N1,350 per litre in April 2024, from N1,700 per litre in March 2024, as the Refinery pumps more supplies to the market.