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Nationwide Fuel Distribution Will Strengthen Investor Confidence In Nigeria’s Petroleum Sector – Dangote

admin by admin
June 16, 2025
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Dangote Petroleum Refinery has announced the commencement of a programme designed to transform Nigeria’s fuel distribution landscape from August 15, 2025.

The refinery recently shared that it is set to start distributing Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecoms firms, and other large users across the nation.

Speaking via a press statement, DPN revealed that to guarantee a seamless take-off of the scheme, it has invested in the procurement of 4,000 brand-new Compressed Natural Gas (CNG)-powered tankers to enhance the distribution network.

According to the company, the current phase of the initiative will go on over an extended timeframe, and it is part of its broader commitment to get rid of logistics costs, boost energy efficiency, promote sustainability, and ultimately support Nigeria’s economic development.

Dangote Petroleum Refinery stated that the move is further proof that the company is dedicated to making fuel more available and affordable all acorss Nigeria, stressing that improving the well-being of all Nigerians will automatically strengthen the country’s economy.

DPN concluded by saying that the programme aligns with the Renewed Hope Agenda by President Bola Ahmed Tinubu, and it reflects their shared commitment to economic progress, stability, and inclusive development.

“Under this initiative, all petrol stations purchasing PMS and diesel from the Dangote Petroleum Refinery will benefit from this enhanced logistics support. Key sectors such as manufacturing, telecommunications, and others will also gain from this transformative initiative, as reduced fuel costs will contribute to lower production costs, reduced inflation, and foster economic growth.

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In addition, the refinery will offer a credit facility to those purchasing a minimum of 500,000 litres—allowing them to obtain an additional 500,000 litres on credit for two weeks, under bank guarantee. This pioneering effort marks a major milestone in our vision to revolutionise Nigeria’s energy sector. Dangote Refinery is dedicated to ensuring that no place is left behind. Our goal is to provide equitable access to affordable fuel for all Nigerians, regardless of location, making energy more accessible and sustainable for everyone, wherever they may be.

It is expected to revitalise previously inactive petrol stations, thereby driving job creation, stimulating small and medium-sized enterprises (SMEs), increasing government revenue, improving fuel access in rural and underserved communities, and strengthening investor confidence in Nigeria’s downstream petroleum sector.

This initiative is inline with the Renewed Hope Agenda of His Excellency, President Bola Ahmed Tinubu, reflecting our shared commitment to economic progress, stability, and inclusive development. We sincerely thank the Federal Government for its continued support, especially through the Naira-for-Crude scheme, which has helped stabilise fuel supply amid global price volatility. It marks a major revolution in the midstream and downstream sectors and stands as a key example of President Bola Tinubu’s bold and reformative economic policies,” it read.

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