Aliko Dangote, President of the Dangote Group, announced in Lagos that a formal offtake agreement has been finalised with a network of leading fuel marketers to guarantee nationwide distribution and put an end to the chronic supply disruptions that have long plagued Nigerian motorists and businesses.
With Nigeria’s daily petrol consumption hovering between 50 and 60 million litres, the refinery’s output now comfortably exceeds what the country needs — a development that draws a definitive line under decades of dependence on imported fuel and the economic vulnerabilities that came with it.
Distribution will flow through a structured framework approved by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, channelling supply through major marketing companies including MRS Oil Nigeria, NNPC Retail, 11 Plc, TotalEnergies Marketing Nigeria, Rainoil, Northwest Petroleum & Gas, Ardova, Bovas & Company, AA Rano Nigeria, AYM Shafa, Conoil and Masters Energy. The arrangement is specifically designed to close the loopholes that have historically enabled speculative hoarding and artificial scarcity.
