Aliko Dangote, President of Dangote Industries Limited, announced that his refinery has sufficient Premium Motor Spirit (PMS) in storage to meet Nigeria’s full local fuel demand.
Dangote made this statement following a visit by Zambia’s Minister of Energy, Mr. Makozo Chikote, and his delegation, who toured the refinery complex.
The billionaire businessman revealed that the refinery currently holds over half a billion liters of petroleum products, valued at more than ₦600 billion.
“We have more than half a billion liters in storage right now,” Dangote confirmed.
He further assured that the refinery produces enough gasoline, diesel, and kerosene to cover Nigeria’s entire fuel consumption.
Dangote emphasized that the refinery’s scope extends beyond Nigeria, with a broader focus on Africa. “This refinery is for Africa, not just Nigeria,” he stated.
He also underscored the importance of sustaining the African Continental Free Trade Area (AfCFTA) agreement and expressed his commitment to expanding trade with other African nations.
