Abuja, Oct. 29, 2024 – Aliko Dangote, the Chairman of Dangote Refinery, says his refinery has over 500 million litres of petrol in its tanks, far in excess to meet local demand.
He said this in Abuja on Tuesday after a meeting of the federal government committee on crude oil sale in naira with President Bola Tinubu.
Dangote said the refinery could produce over 30 million litres of fuel daily at full capacity and urged petroleum marketers to source petrol directly from his refinery.
“We’re more than ready, What I’m saying is that the retailers should come forward and pick, if they don’t, come forward and pick, what do you want me to do
“We have enough supply of crude. We can actually produce much more than 30 million litres every day. At full capacity, we can even supply whatever is being consumed.
“As we speak today, we have 500 million litres, you know, in our tanks. So, with 500 million litres in our tanks, even if there’s no production from anywhere or no imports, this will take the country more than 12 days.
“So, we are very ready. We are more than ready.
“I’m also putting my own name on the line by giving Mr President my word that, yes, we will be able to supply the market a minimum of 30 million per day, and we’ll be ramping up production.
So, we’re ready. We’re more than ready.”
“Well, one thing that you have to understand is that we are producers.
“I have a refinery. I’m not in the business of retail. If I’m in the business of retail, then you hold me responsible.
“But what I’m saying is that the retailers should please come forward and pick,” Dangote said.
