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15 per cent fuel import duty: Dangote refinery backs Tinubu govt

by Present Nigeria
November 3, 2025
in Business
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First set of trucks start loading fuel at Dangote Refinery
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Dangote Refinery has thrown its weight behind President Bola Tinubu’s recently approved 15 per cent fuel and diesel import duty tariff.

The spokesperson of Dangote Group, Anthony Chiejina, made the firm’s stance known in a 4-page statement released at the weekend.

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Chiejina said that it would be unpatriotic for anyone to criticise the recently announced tariff, which, according to him, is a good start.

According to him, the tariff is designed to protect Dangote Refinery from unfair competition and safeguard local production.

He stressed that reliance on imports discourages industrialisation, creates unemployment and leads to revenue loss for the government.

Chiejina said that the 650,000-barrel-per-day refinery is currently loading over 45 million litres of premium motor spirit and 25 million litres of diesel daily while reaffirming continued nationwide delivery.

“Our refinery is currently loading over 45 million litres of PMS and 25 million litres of diesel daily, which exceeds Nigeria’s demand,” Mr Chiejina said.

“Dumping engenders poverty, discourages industrialisation, creates unemployment and leads to revenue loss for the government.

“President Bola Ahmed Tinubu continues to embody courageous and visionary leadership, renewing the hope of Nigerians and restoring investor confidence in the nation’s economy,” he added.

In October 2025, the country’s downstream oil sector regulator, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, said Dangote Refinery produces an average of 20 million litres of petrol daily, contrary to the company spokesperson’s 45 million litres daily claims.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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