Dangote Refinery Begins Production Of Petrol
. To Supply 25 Million Litres Daily
By Frederick WrightT
It is a cheering news for Nigerians as the Dangote refinery officially began the production of Premium Motor Spirit (PMS), otherwise known as petrol.
Dangote said the petrol will be in circulation in the next 48 hours.
Confirming the development in an interview, Alhaji Aliko Dangote said: “Our PMS (Premium Motor Spirit) can be in filling stations within the next 48 hours depending on NNPCL”.
He said the pricing of the petrol from his refinery would be based on an agreement with the Federal Government.
He said; “It is an arrangement which is designed and approved by the Federal Executive Council led by His Excellency, President Bola Ahmed Tinubu.
“As soon as it is finalised, which he (Tinubu) is pushing, once we finish with NNPC, it can be today, it can be tomorrow, we are ready to roll into the market,” he said.
Dangote assured Nigerians of the high quality of petrol from his refinery. He said Nigerians would have “good petrol while the engines of your vehicles will last longer. You will not be having an engine issue, which a lot of us were having. It won’t happen at all”.
“The quality here will match that of anywhere in the world; US, America, we will make sure that nobody will beat us in terms of quality”.
Meanwhile, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that Dangote refinery will supply 25 million litres of petrol daily this month.
NMDPRA in a social media post, said NNPC has agreed to supply crude oil to Dangote refinery in naira.
The authority posted, “At the NMDPRA headquarters in Abuja, NNPCL reach an agreement to commence crude oil sale and supply to Dangote Refinery in local currency.”
“The refinery is now poised to supply an initial 25 million litres of PMS into the domestic market this September. And will subsequently increase this amount to 30 million liters daily from October 2024.” it stated.
