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Dangote Refinery Begins PMS Export as Nigeria Turns Net Fuel Exporter

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Dangote Refinery Backs Workers’ Rights

Dangote refinery PMS export Nigeria hits 1 million tonnes in 50 days, as Aliko Dangote confirms shift to net fuel exporter status at global energy conference

Dangote refinery PMS export Nigeria milestone was confirmed by Alhaji Aliko Dangote, who revealed that the facility has exported 1 million tonnes of petrol within 50 days.

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Also read: Dangote Sparks Backlash over Direct Fuel Distribution Move

He made the disclosure on Tuesday at the Global Commodity Insights Conference on West African Refined Fuel Markets, co-hosted by NMDPRA and S\&P Global Insights.

“Today, Nigeria has actually become a net exporter of refined products,” Dangote said. “From June beginning to date, we have exported about 1 million tonnes of PMS, within the last 50 days.”

This statement comes amid public debate over the refinery’s ability to meet domestic fuel demands. While Dangote’s refinery exports Premium Motor Spirit (PMS), local marketers reportedly continue to import fuel into Nigeria to bridge supply gaps.

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The refinery has also commenced the export of aviation fuel to Europe and Saudi Arabia, further solidifying its role as a global energy player.

Dangote noted that similar progress is being achieved across the group’s operations. In the cement sector, the group is targeting \$500 million in exports of cement and clinker by 2027, signalling a broader industrial export strategy.

Also read: Dangote’s Fuel Supply Racket Exposes Subsidy Diversion, Halts Discount Scheme

The Dangote Refinery’s success marks a significant shift in Nigeria’s energy profile and fuels optimism about increased foreign exchange earnings and reduced reliance on fuel imports.

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Dangote Cement Approves N45 Dividend, Targets 80m Tonnes

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Dangote Cement Approves N45 Dividend after shareholders backed a N753.8bn payout as the company targets 80 million tonnes capacity by 2030 (more…)

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