Oil marketers have said that the volume of Premium Motor Spirit, popularly called petrol, produced by the Dangote Petroleum Refinery is currently not enough to meet domestic demand.
Based on this, dealers are to import the commodity to augment the supply from the $20bn Lekki-based plant, the marketers stated on Tuesday.
They aligned with the Trade Union Congress to demand that the refinery ramp up production, as some alleged that the plant was producing about 10 million litres of petrol daily, as against the 25 million litres that it earlier promised to produce.
On September 15, when the refinery commenced the release of PMS to the domestic marketer, the Nigerian National Petroleum Company Limited announced that it (NNPCL) was to load 16.8 million litres of petrol from the Dangote refinery.
This was in contrast to the 25 million litres that the refinery had announced earlier it would release to the national oil company daily.
On September 3, 2024, the Nigerian Midstream and Downstream Petroleum Regulatory Authority disclosed that the refinery would supply 25 million litres of petrol to the Nigerian market daily starting from September.
It added that this would rise to 30 million litres from September. In a short statement, the NMDPRA said it met with NNPC to agree on local crude supply to the refinery.