Tribune OnlineTribune OnlineTribune Online
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
Reading: August 15: Trillions of Naira saved as Dangote Refinery rolls out nationwide distribution plan
Share
Notification Show More
Font ResizerAa
Tribune OnlineTribune Online
Font ResizerAa
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
  • About Us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Advertise
Have an existing account? Sign In
Follow US
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions
Home » August 15: Trillions of Naira saved as Dangote Refinery rolls out nationwide distribution plan
EnergyLatest NewsTop News

August 15: Trillions of Naira saved as Dangote Refinery rolls out nationwide distribution plan

David Olagunju
July 5, 2025
Share
Dangote Refinery Refined Products, dangote refinery petrol price decrease
Add as a preferred source

The nationwide distribution of Dangote Refinery refined products will officially commence on August 15, 2025. This highly anticipated initiative, set to deliver massive economic benefits and significant savings to Nigerians, includes PMS, Diesel, and JET A1, and is projected to result in a gross annual saving of ₦1.7 Trillion for the nation.

The announcement, detailed in a recent public communication, highlights the refinery’s commitment to “ploughing back benefits to all Nigerians” and quantifies the massive benefits to citizens. According to the refinery, an additional annual logistics cost of ₦1.07 Trillion will be borne by Dangote Petroleum Refinery, further cushioning the burden on consumers. The widespread availability of Dangote Refinery refined products is expected to transform the market. Furthermore, an additional capital expenditure of ₦720 Billion is being invested in areas such as 4,000 CNG trucks and the establishment of CNG Mother & Daughter stations.

This initiative is already being lauded for its potential to transform Nigeria’s petroleum sector, moving the nation away from long-standing challenges. The e-flier contrasts the “Before” scenario with the anticipated “Now” under the new regime:

Before:

  • Perennial fuel scarcity
  • Adulterated fuel and pricing differentials
  • High bridging costs
  • Inflation at 33% and low GDP growth (2%)
  • Drain on national resources via the Petroleum Equalisation Fund (PEF)
  • Redundancy of fuel stations and massive smuggling/subsidy abuse
  • Poor distribution network and environmental pollution
  • Massive energy costs for businesses and job losses/unemployment

Now (with Dangote Refinery’s operations):

  • Elimination of fuel scarcity
  • Consistent supply of high-quality petroleum products
  • Uniform pricing and reduction in pump price
  • Elimination of bridging costs
  • Anticipated inflation down to 23% and GDP growth to 3.4%
  • Redundancy of Petroleum Equalisation Fund (PEF) Waste Elimination
  • Resuscitation of dormant fuel stations and control of cross-border smuggling
  • Efficient distribution network and cleaner energy
  • Reduction in energy costs, leading to massive job creation
  • Provision of credit facilities to marketers

The Dangote Petroleum Refinery expressed gratitude to President Bola Ahmed Tinubu GCFR for the “Naira-for-Crude Initiative, Nigeria First Policy and Presidential CNG Initiative,” acknowledging the government’s role in facilitating this significant milestone.

With the current daily consumption of Dangote Refinery refined products estimated at 65 million litres, Dangote Refinery’s operationalization and upcoming distribution mark a pivotal moment in Nigeria’s economic trajectory. The total cost of system inefficiency was previously calculated at 2% of GDP, equating to approximately $6 Billion. This new development is expected to significantly mitigate that loss.

The refinery emphasized its commitment to environmental responsibility, stating, “Our quality petrol and diesel are refined for better engine performance and are environmentally friendly.”

For enquiries, the public can contact Dangote Petroleum Refinery via:
Phone: +234 707 470 2099, +234 707 470 2100, +234 816 961 8390, +234 703 796 8308, +234 812 362 2893
Email: [email protected]

This development is anticipated to bring a much-needed stability and economic uplift to Nigerians across various sectors, starting mid-August.


WATCH TOP VIDEOS FROM NIGERIAN TRIBUNE TV

  • Back to School, Back to Business A Fresh Start

  • Relationship Hangout: Public vs Private Proposals – Which Truly Wins in Love?

  • “No” Is a Complete Sentence: Why You Should Stop Feeling Guilty

  • Relationship Hangout: Friendship Talk 2025 – How to Be a Good Friend & Big Questions on Friendship

  • Police Overpower Armed Robbers in Ibadan After Fierce Struggle


    Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more.
    Join our WhatsApp Channel now


Previous Article Tinubu waging war on opposition, Criticisms: Atiku envious of Tinubu’s position — Presidency 2027: Why Atiku-led ADC coalition can’t defeat Tinubu — Ex-Reps member
Next Article Tinubu a listening leader for Tinubu Tinubu’s loyalists regroup 2027 and Buhari’s death South-West endorsement Tinubu's visit to Saint Lucia forest guard’s scheme Nigerian aviation Tinubu on reforms, House Committee on Health Institutions AUF seeks FG’s intervention IPADA celebrations 2025: Tinubu to host envoys, UN tourism reps, others July 30

Most Read

  • How I graduated with 5.00 CGPA — UNILORIN best graduating student
    How I graduated with 5.00 CGPA — UNILORIN best graduating student
  • MMA2: Babalakin inspects facility ahead of regional operations
    MMA2: Babalakin inspects facility ahead of regional operations
  • Updated guber lists: INEC okays 41, rejects 28 petitions
    Updated guber lists: INEC okays 41, rejects 28 petitions
  • CDCFIB recruitment reaches final stage as candidates get important notice
    CDCFIB recruitment reaches final stage as candidates get important notice
  • Reps call for immediate review of basic, secondary education curriculum
    Reps call for immediate review of basic, secondary education curriculum
  • 35% salary review: SSANU demands settlement of outstanding entitlements, vows action
    35% salary review: SSANU demands settlement of outstanding entitlements, vows action
  • Uche Ogbodo urges women to walk away from marriages that no longer work
    Uche Ogbodo urges women to walk away from marriages that no longer work
  • Abia: NAFDAC secures five-year jail term for businessman over fake olive oil
    Abia: NAFDAC secures five-year jail term for businessman over fake olive oil
  • Israel: Netanyahu’s bloc loses parliamentary majority
    Israel: Netanyahu’s bloc loses parliamentary majority
  • Police confirm attack on Sowore in Ekiti, deny kidnap reports
    Police confirm attack on Sowore in Ekiti, deny kidnap reports

Frontpage Today

Subscribe to e-Paper

E-Vending, e paper, pdf, e-paper, Tribune
QUICK LINKS

About Us
Advertise with Us
Contact Us
Privacy Policy
Disclaimer
Editorial Policy
Corrections Policy
Terms & Conditions
COLUMNS

Aplomb
Ask The Doctor
Autoclinic With The Mechanic
Awo's Thought
Empowered For Life
Festus Adebayo's Flickers
Gibbers
Intimacy
Language & Style
Leadership & Management
Lynx Eye
Monday Lines
Mum & Child
Natural Health
Notes from Atlanta with Farooq Kperogi
On The Lord's Day
Your Life Counts

ENTERTAINMENT

Entertainment

RELIGION

Tribune Church
Church News
Muslim Sermon
Eye of Islam
Islamic News

EDITORIAL

Editorial
Opinion
Letters
News Extra

BUSINESS

Capital Market
Money Market

REGIONS

Niger Delta
Arewa
MORE

Sexuality & Health
Special Report
Sports
Tourism
Travelpulse & MICE
Weekend Lagos
Book Review
Education
Event Digest
Crime & Court
Ecoscope
Energy
Maritime
Aviation
Brands & Marketing
Agriculture
Info Tech
Labour
Leadership & Management
Arts & Culture
Arts & Reviews
Politics
Health News
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions

Add Tribune Online to your Homescreen!

Add
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?