LAGOS — Dangote Petroleum Refinery has issued a strategic advisory to oil marketers and policymakers, warning that the choice of logistics could determine whether petrol prices stay stable or soar toward the ₦1,000 mark.
The refinery revealed that while it supports various evacuation methods, gantry loading (trucking) currently stands as the most cost-effective path for the Nigerian consumer.
According to refinery data, opting for coastal sea evacuation, particularly for deliveries within Lagos, adds approximately ₦75 per litre in avoidable port charges, maritime levies, and vessel costs.
”The economic implications of these logistics choices are massive. Based on Nigeria’s average daily consumption of 50 million litres of petrol and 14 million litres of diesel, Dangote Refinery estimates that a sustained dependence on coastal shipping could impose an annual logistics tax of ₦1.752 trillion on the economy.
“Direct gantry evacuation eliminates middleman costs that do not add value to the end user. Coastal logistics could push the pump price of PMS close to ₦1,000 per litre, a burden that would ultimately be borne by Nigerian households,” the refinery stated.
To support this high-volume land distribution, the refinery showcased its state-of-the-art gantry facility, which features: 91 Loading Bays capable of dispatching up to 2,900 tankers daily; and 24-Hour Operations aimed at ensuring a constant flow of energy; daily outputs with the capacity to evacuate over 50 million litres of PMS and 14 million litres of diesel every 24 hours.
While the refinery is equipped for coastal loading when necessary, it urged a shift toward pipeline infrastructure.
Connecting refineries directly to depots via pipelines, the company argued, is the ultimate solution for national energy security and the lowest possible pump prices.
The refinery also took the opportunity to debunk what it termed misleading allegations regarding the importation of finished fuel.
The refinery explained that while a specific unit (the Residue Fluid Catalytic Cracking Unit) is under maintenance, it only imports intermediate feedstock, a standard global refining practice, not finished petrol.
The statement stressed that domestic refining has already forced prices down as follows:
Diesel: Dropped from ₦1,700/litre to approximately ₦980–₦990/litre.
Petrol (PMS): Declined from ₦1,250/litre to between ₦839 and ₦900/litre.
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