₦airaland Forum

By Ogaga Ariemu


Aliko Dangote has alleged that the Nigerian National Petroleum Company Limited refineries can only produce low-value premium motor spirit.

Dangote disclosed this in a recent interview with the media.

According to him, NNPCL does not have the capacity to compete with his 650,000-barrel-per-day refinery.

He noted that if there is no revenue in the country’s downstream oil sector, there would be no investment in the industry.

“If we don’t make money, nobody will come into this business. Then you end up with only one supplier because NNPC’s refineries can never ever compete because the market here is a gasoline market.

“When we produce, we have 54 per cent gasoline. NNPC, if they try, will achieve only 18 per cent. They will produce low-value fuel oil, which is not needed today, so it will be a loss. “The more they operate, the more money they make,” he said.

Dangote’s claims come as the Port Harcourt, Warri, and Kaduna refineries are currently shut down for maintenance and review.

The Group Chief Executive Officer of NNPCL, Bayo Ojulari, recently ruled out the sale of Nigerian refineries.

Earlier Dangote explained that he did not venture into fuel distribution because of fear of being called a monopoly.

This follows Dangote refinery’s face-off with the Nigeria Union of Petroleum and Natural Gas Workers over his drivers’ unionisation.

NUPENG had accused Dangote of monopoly over his recent rollout of the fuel distribution scheme. However, Dangote had dismissed NUPENG’s allegations.

Saturnalia:
Aliko Dangote, Please stop regurgitating these stale lines. Leave story. There should always be room for competition.

You do not have 20 heads and Nigeria is not your Father’s property.

dre11:
https://dailypost.ng/2025/09/17/fuel-price-nnpcl-produces-low-value-petrol-aliko-dangote/

Themanleshey:
Oga he don do, we don hear you. Allow other people to do their business too and stop bad mouthing them

All your strategy no pass to become sole refiner of oil so you can show us shege. Live and let others live.

We appreciate your effort but your over do wan Dey too much!

FineUsername:
Aaaaaaaatasha! Aaaaaaaaaaatsha

I dey like Alh. lyrics anytime him drop.

Make him dey press their neck b2b.

lwisee:
This man has been talking too much lately.
Or is he now a content creator.
This is totally different from the very reserved Mr Aliko we know in the past.

Saturnalia:
Aliko Dangote, Please stop regurgitating these stale lines. Leave story. There should always be room for competition.

You do not have 20 heads and Nigeria is not your Father’s property.

Profgordons:
This is a misleading headline. He didn’t say NNPCL produces low value petrol but that given the same feed stock, his refinery can output 54% gasoline while the NNPCL refineries will output 18% gasoline but a higher output of other product called fuel oil. The 18% gasoline will meet required standard. No idea how he came about that efficiency calculation but it means he has insider info on NNPCL operations.

ponziponzi:
I didn't see anywhere in the article where Dangote said that NNPC produces low-value petrol.

Saturnalia:
Aliko Dangote, Please stop regurgitating these stale lines. Leave story. There should always be room for competition.

You do not have 20 heads and Nigeria is not your Father’s property.

zikter:
Did he stop NNPC from producing or competing? If they or anyone has the capacity, they should build refineries and compete. Upon all the NNPC lies, where are they today?