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Thursday, January 8, 2026

Dangote debunks reports on refinery closure

By Marycelia Agim

The Dangote Petroleum Refinery has dismissed reports suggesting an imminent shutdown, insisting that its operations remain stable and that the facility continues to play a critical role in supporting fuel availability and price stability nationwide.

The management described the reports as misleading, stressing that production has not been disrupted and that the refinery remains capable of sustaining supply levels required to meet domestic demand while supporting broader market stability.

It further accused fuel importers of promoting false narratives to protect their commercial interests, warning that misinformation has been used to justify what it described as unwarranted increases in petrol pump prices across the country.

In a statement issued yesterday, the refinery said Premium Motor Spirit (PMS) production remains steady at between 40 million and 50 million litres per day, confirming that output would continue through January and February, subject only to market demand.

Providing production details, the refinery disclosed that on January 4 alone, it produced 50 million litres of PMS and evacuated 48 million litres through its gantry, adding that current stock levels are sufficient to cover more than 20 days of national consumption.

Addressing concerns about maintenance, the company explained that routine work on specific units, including the Crude Distillation Unit and Residual Fluid Catalytic Cracking Unit, does not interrupt overall operations due to the integrated design of the facility.

It said the refinery continues to produce PMS, diesel, and Jet A-1 through other fully operational units, including the Naphtha Hydrotreater, CCR Reformer, and Hydrocracker, which remain critical to sustained output.

The refinery noted that since December 16, 2025, it has consistently loaded between 31 million and 48 million litres of PMS daily, volumes it said are verifiable through depot loading records maintained by the Nigerian Midstream and Downstream Petroleum Regulatory Authority.

At an ex-gantry price of N699 per litre, available to all marketers without discrimination, the refinery urged stakeholders to patronise locally refined products, warning that without domestic refining, petrol prices could rise to as much as N1,400 per litre.

Reaffirming its commitment to energy security, the refinery advised the public to disregard false reports, rely on verified information, and remain vigilant against price manipulation, stressing that it would continue operating in the national interest.

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