The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said on Tuesday that the Dangote Refinery would supply 25 million litres of petrol to the Nigerian market daily starting this month.
The oil industry regulator disclosed this in a post on its X platform, adding that the refinery would increase the supply to 30 million litres daily in October.
The post read: “At the NMDPRA headquarters in Abuja, NNPCL reached an agreement to commence crude oil sale and supply to Dangote Refinery in local currency.
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“The refinery is now poised to supply an initial 25 million litres of PMS into the domestic market this September and will subsequently increase this amount to 30 million litres daily from October 2024.”
The President of Dangote Group, Aliko Dangote, on Tuesday officially announced the rollout of the first Premium Motor Spirit (petrol) from the 650,000 barrels per day refinery.
He said the Federal Executive Council (FEC) would decide the price of petrol produced by the refinery.
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