After NMDPRA Report, Dangote Refinery Says It Can Supply 1.5bn Litres of Petrol Monthly

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December 1, 2025
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Figure represents about Nigeria’s full consumption in 30 days

Dangote invites downstream regulator for daily monitoring of output

Emmanuel Addeh in Abuja

The Dangote Petroleum Refinery yesterday announced plans to supply 1.5 billion of petrol monthly to the Nigerian market in December 2025 and January 2026, a move it said is aimed at ensuring uninterrupted nationwide fuel availability through the festive season and into the New Year.

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, disclosed the plans at the weekend, noting that the refinery will make available 50 million litres of Premium Motor Spirit (PMS) daily beginning December 1, a statement by the company said last night.

This is coming after the latest report by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) indicating that the refinery was only about half of its pledge in the last few months.

The NMDPRA report countered Dangote’s long-held position that it can supply the entire Nigerian market and have extra for export to the international market.

According to the NMDPRA data, despite being central to Nigeria’s quest for energy security, the Dangote Refinery’s contribution to petrol supply still falls far below expectations. Between October 2024 and October 2025, it said the refinery planned to supply 35 million litres per day of petrol, but averaged only 18.03 million litres per day, representing roughly 51.5 per cent of its projection.

“In line with our commitment to national wellbeing, and consistent with our track record of ensuring a holiday season free of fuel scarcity, the Dangote Petroleum Refinery will supply 1.5 billion litres of PMS to the Nigerian market this month.

“This represents 50 million litres per day. We are formally notifying the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of this commitment. We will supply another 1.5 billion litres in January and increase to 1.75 billion litres in February, which translates to over 60 million litres per day,” Dangote said.

Speaking during a visit by the South-South Development Commission (SSDC) to the refinery and the Dangote Fertiliser complex, he stated that the facility currently has adequate stock and is producing between 40 and 45 million litres of PMS daily. He added that the daily supply of 50 million litres should dispel long-standing claims that domestic refineries lack the capacity to meet national demand.

Dangote also revealed ongoing engagement with petroleum marketers to strengthen distribution systems, including expanding the use of CNG-powered haulage.

“Our priority is to ensure Nigeria receives the products it needs. This is not driven by profit motives; it is about guaranteeing the availability of essential energy products. It is similar to the transformation we delivered in the cement sector,” he added.

In a letter signed by David Bird, Chief Executive Officer of Dangote Refinery, and addressed to the Authority Chief Executive of NMDPRA, the company invited the regulator to independently verify its actual daily production capacity, countering prevailing speculations.

“We request your support to host NMDPRA officials onsite at our refinery starting December 1, to validate and publicly confirm our daily supply volumes. In the interest of full transparency, we are prepared to publish our daily production and stock figures across both online and print media.”

Dangote further noted that the refinery is progressing with its expansion plan to reach a capacity of 1.4 million barrels per day. More than 100,000 workers are expected to be involved in the expansion of both the refinery and the fertiliser complex. Dangote emphasised that the Group remains committed to its vision, driven by the strong public support for the company’s role in shaping Nigeria’s economic development.

During the visit, the Managing Director of SSDC, Usoro Offiong Akpabio, commended Dangote’s leadership and his continued contribution to strengthening Nigeria’s industrial capability, national energy security and long-term economic competitiveness.

She described the South-South region as Nigeria’s natural energy corridor, with vast crude oil reserves, gas infrastructure, maritime assets, agro-industrial activity and emerging industrial clusters. She noted that deeper collaboration between the region and the Dangote Group could unlock opportunities in product distribution, CNG infrastructure, petrochemicals, agriculture, and employment creation.

Akpabio added that such partnerships would advance the Federal Government’s energy stability agenda and position the South-South as a strategic growth hub for the Dangote Group.

“As the statutory development body for the South-South, SSDC is mandated to drive regional economic development, infrastructure integration, human capital advancement, and private-sector–led growth.

“ In this regard, we stand prepared to support state-level policy and regulatory support for ease-of-doing-business across our six states. Enabling environments for Dangote Group’s expansion into strategic sectors such as gas processing, agro-industrial value chains, renewable energy, logistics, and export-oriented manufacturing,” she said.

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FAAC Reconciliations Injected N2.36tn into Federation Account in 9 Months

· Fresh N1.03tn, $68.98m await verification

· NNPC responds to query, denies owing $42.37bn

Emmanuel Addeh in Abuja

The Federation Account received a significant boost in the first three quarters of this year, with the Federal Accounts Allocation Committee (FAAC) reporting that a total of N2.359 trillion in outstanding revenue arrears was reconciled and paid to the federal government and subnational governments between January and September.

The committee’s detailed report for November 2025, seen by THISDAY, showed that the inflows sourced from crude sales, royalty arrears, domestic gas payments and other under-remitted revenues helped moderate pressure on monthly allocations amid continuing fiscal strain on the three tiers of government.

Organisations, which attended the November 17 meeting in Abuja, were Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), representatives of the states’ Commissioners of Finance and Accountants-General Forum, as well as representatives of Revenue Generating and Accounting Agencies.

According to the FAAC Sub-Committee, N370.43 billion was recovered and paid in September alone. This amount included $52.95 million in crude-related arrears remitted at an exchange rate of N1,474 to the dollar, along with royalty and domestic gas components from both Nigerian National Petroleum Company (NNPC) Limited, and Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

Specifically, the September inflow pushed the cumulative reconciliation total for the first nine months of the year to N2,359,628,451,600.66, the highest in recent FAAC reconciliation cycles.

Breakdowns presented in the report showed that reconciliation inflows varied month to month. In January, N367.37 billion was reconciled; it was N227.15 billion in February; N175.98 billion in March; N259.85 billion in April; N247.04 billion in May; N213.37 billion in June; N116.39 billion in July; N382 billion in August; and N370.43 billion in September, reflecting the irregular nature of the arrears and the speed of inter-agency verification.

Similarly, during the November deliberations, the alleged under-remittance of $42,373,896,555.00 by NNPC Limited, a claim earlier raised in a forensic review conducted by Periscope Consulting for the Nigerian Governors’ Forum, also came up.

But in its formal response to FAAC, NNPC maintained that it had fully accounted for all revenues due to the federation and insisted that no outstanding amount existed for the period under review.

Periscope Consulting, however, rejected NNPC’s position and the sub-committee directed a joint session between both parties to reconcile the disputed figures. Discussions on this issue remained ongoing, the document showed.

The document stated, “NNPCL submitted their response regarding $42,373,896,555.00 under remittance to the Federation Account as contained in the report of Periscope Consulting.

“Recall that Periscope Consulting was the Consultant engaged by the Governors Forum to examine NNPCL under remittance to the Federation Account. NNPCL responded that all revenues due to the Federation have been properly accounted for and no outstanding amounts for the period under review.

“Responding, Periscope Consulting disagreed with NNPCL position hence, the Sub-Committee directed that there should be a joint meeting with the two parties in order to close-out on the issue. This assignment is work in progress,” it stressed.

The report also reviewed NNPC’s utilisation of the statutory 30 per cent Frontier Exploration Fund (FEF) over a 16-year period, from 2008 to 2024. While NNPC submitted a consolidated account of expenditure across the various basins, the FAAC sub-committee said the submission lacked basin-specific spending details.

It, therefore, requested NNPC to tie each project to the amounts expended, describing the issue as work still in progress.

FAAC indicated, “The NNPCL had submitted the utilisation of frontier exploration fund from 2008-2024 covering both the Pre and Post PIA. However, the Sub-Committee observed that there were no specifics on expenditure incurred on the exploration activities carried out in each of the basins.

“The committee had written to NNPCL requesting it to tie each project carried out within the basins with amount expended. The sub-committee await NNPCL response. This assignment is still work in progress.”

In addition, the committee recorded outstanding payables of N2.032 trillion owed to NUPRC and Federal Inland Revenue Service (FIRS) for the period June–December 2023. These were incorporated into a wider reconciliation being handled by Stakeholders Alignment Committee of the Federal Ministry of Finance, which was yet to submit a final report.

The analysis for September 2025 also highlighted the monthly performance of revenue-generating agencies. Combined inflows from NNPC, NUPRC, FIRS, and Nigeria Customs Service amounted to N2.128 trillion, which formed the distributable revenue for the month. FIRS remained the single largest contributor, accounting for more than 43 per cent of the inflows.

Despite the progress made, substantial unresolved balances remained. The November inter-agency reconciliation meeting identified new outstanding amounts totalling $68.98 million and N1.03 trillion still under review. They included items between NNPC and Central Bank of Nigeria (CBN), NUPRC and NNPC, and FIRS and NNPC.

The committee also provided updates on balances across multiple special reserve accounts, including N132.05 billion in Development of Natural Resources Account, N80.91 billion in Stabilisation Fund, N51.83bn in Solid Minerals Account, and N365.26 billion in Non-Oil Excess Revenue Account. Other balances were recorded in accounts for oil-theft prevention, exchange gains and domestic excess crude proceeds.

Another major item reviewed was the deductions under the Road Infrastructure Tax Credit Scheme (RITCS). According to the committee, a combined $577.6 million and N822.3 billion were utilised for tax credit deductions between February 2024 and September 2025.

Seven companies, including Dangote Cement, NNPC, NLNG, and BUA International were formally contacted to clarify their respective project spending under the scheme. But only three firms responded as of November, with the sub-committee awaiting confirmations from FIRS and additional submissions from the remaining companies.

The FAAC document stated, “The sub-committee wrote to the Federal Ministries of Finance and Works, the FIRS, and participating companies in the scheme requesting for information regarding the level of involvement in the scheme, the amount spent and the level of the ongoing projects from 2019 to 2025.

“The companies written to were as follows: Bua International Ltd; Dangote Cement Company Ltd; NNPC; Nigeria Liquefied Natural Gas Company Ltd; Mainstream Energy Solutions; GZ Industries Ltd and MTN Nigeria Ltd.

“The sub-committee had received responses from three of these participating companies which was forwarded to FIRS for confirmation. The Ad-hoc Committee is still expecting the remaining companies’ response in order to conclude the assignment and report back. This assignment is still work in progress.

“The outstanding revenue arrears reconciled with the Revenue Generating Agencies and paid to the Federation Account for September 2025 revenue was $52,951,569.21 equivalent to N370,430,043,080.80. The sub-committee would like to inform members that from January to September, 2025, the outstanding arrears reconciled and paid stood at N2,359,628,451,600.66.

“The total outstanding amount undergoing reconciliation due to the Federation Account from the reconciliation meeting held with the Revenue Generating Agencies in November, 2025 was $68,983,379.93 and N1,030,423,011,930.59.”

· Fresh N1.03tn, $68.98m await verification · NNPC responds to query, denies owing $42.37bn Emmanuel Addeh in Abuja The Federation Account received a significant boost in the first three quarters of this year,

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Tinubu’s Ambassadorial Nominations Mere Political Settlement, ADC Declares

*Says Yakubu’s appointment undermines INEC’s credibility

*HURIWA describes nomination of sycophants as unfortunate, disgraceful

Chuks Okocha in Abuja

The African Democratic Congress (ADC), has criticised President Bola Tinubu’s latest ambassadorial appointments, describing the list as a settlement list of political ‘I owe You’ (IOUs).

The party took particular exception to the nomination of Prof. Mahmood Yakubu, the immediate past Chairman of the Independent National Electoral Commission (INEC), saying his appointment, coming only two years after supervising the election that brought President Tinubu into office, would lend credence to the widespread allegation that the former INEC chief might not have been a neutral umpire in the 2023 election and could further undermine the credibility of INEC.

In a statement signed by Mallam Bolaji Abdullahi, National Publicity Secretary of the ADC, the party said at a time when INEC, was still mired in a major credibility crisis, Yakubu’s nomination for an ambassadorial position sent a dangerous message.

The ADC argued that it was in Professor Yakubu’s best interest to reject what it described as a “brazenly insensitive” nomination and urged the Senate to reject it as a measure of restoring confidence in the nation’s electoral process.

”After waiting for more than two years, and with Nigeria’s diplomacy and global perception in historic tatters, President Bola Tinubu presents an outrageously underwhelming ambassadorial list that appears designed to settle his political IOUs rather than fix Nigeria’s urgent international relations crises.

”At a time that Nigeria needs a disciplined and credible diplomatic corps, capable of rebuilding the nation’s collapsing credibility on the continent and the rest of the world after two years of thoroughly damaging absence, President Tinubu has surpassed himself by presenting a comic cast of political jobbers, corruption suspects, and patronage of wives, children, and relatives of political associates.”

However, ADC said, ”at the heart of this troubling list lies the nomination of Prof. Mahmood Yakubu, the immediate past Chairman of the Independent National Electoral Commission (INEC), who conducted the election that brought Tinubu in as President of Nigeria.”

In a related development, Human Rights Writers Association (HURIWA), has described as unfortunate and disgraceful, the list of ambassadorial nominees recently sent to the National Assembly.

The group also dismissed some of the nominees as sycophants and men who were ethically challenged, lacking integrity and selfish.

Reacting to the ambassadorial nomination list, National Coordinator, Comrade Emmanuel Onwubiko, the group said the president spent all of two years and a half into his four year tenure searching for persons to post abroad to represent Nigeria and ended up picking internally displaced politicians, sycophants and persons who were deeply ethically challenged.

The group said it was immoral and despicable that President Tinubu has turned the ambassadorial positions as the jobs for the boys or as compensation for dubious politicians who sabotaged their own political party in the 2023 poll to advance the political interest of the the current president.

The Rights group said the duo of Femi Fani-Kayode and especially Mr. Reno Omokri were particularly compensated for always pouring insults on Peter Obi and for spreading total falsehoods or half truths to attempt to undermine the integrity and credibility of Peter Obi.

HURIWA singled out Mr. Reno Omokri a man who was critical of the then presidential candidate Bola Tunibu whom he called unprintable names but capitulated when it was alleged that he was heavily financially induced become his full time praise-singer and propagandist.

*Says Yakubu’s appointment undermines INEC’s credibility *HURIWA describes nomination of sycophants as unfortunate, disgraceful Chuks Okocha in Abuja The African Democratic Congress (ADC), has criticised President Bola Tinubu’s latest ambassadorial appointments, describing the