Dangote Refinery Supports 15% Import Duty, Pledges Steady Fuel Supply

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Dangote Petroleum Refinery has declared its support for the Federal Government’s 15% import duty on petroleum products, describing it as a crucial step toward protecting local refining and ensuring Nigeria’s energy security.

In a statement, Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Industries, said the policy would help curb unfair competition and stop the influx of substandard imported fuels.

“The tariff is a patriotic measure that safeguards Nigeria’s refining sector and promotes national self-sufficiency,” he stated.

Chiejina noted that the refinery currently produces about 45 million litres of petrol and 25 million litres of diesel daily enough to meet national demand and stabilize supply.

The 15% tariff, approved by President Bola Tinubu in October 2025, followed recommendations from the Federal Inland Revenue Service (FIRS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). It aims to strengthen domestic refining capacity and reduce foreign exchange outflows.

While groups such as the Crude Oil Refinery Owners Association of Nigeria (CORAN) have hailed the policy, some analysts caution that it could push up fuel prices if not managed carefully.

Despite the mixed reactions, Dangote reaffirmed its commitment to ensuring a steady flow of affordable, high-quality petroleum products across the country. Visit www.jocomms.com for more news.

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