“Thank God for Dangote Refinery” — NNPC Boss Says Plant Is Saving Nigeria’s Fuel Supply
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has described the Dangote Petroleum Refinery as a crucial stabiliser of Nigeria’s energy system, amid ongoing challenges with government-owned refineries and domestic fuel supply.
Ojulari made the remarks on Wednesday in Abuja during a fireside chat titled “Securing Nigeria’s Energy Future” at the Nigeria International Energy Summit 2026. He said the operation of a functional local refinery has given NNPC much-needed “breathing space” at a time of intense pressure to ensure fuel supply continuity.
According to him, the Dangote Refinery has provided major relief to the country’s fuel supply situation, urging Nigerians to appreciate its impact regardless of personal opinions about its owner.
“Thank God for Dangote Refinery. Whether you love Dangote or hate him, Nigerians should thank God for Dangote,” Ojulari said, drawing applause from participants at the summit.
He noted that the 650,000 barrels-per-day refinery came on stream at a critical moment when Nigeria’s legacy state-owned refineries were still struggling to operate at scale. Ojulari added that beyond its capacity, the refinery’s local ownership is a major boost to Nigeria’s energy security.
“Thank God he’s a Nigerian. Despite everything, that gave us an opportunity because we have a refinery that is working,” he said.
While acknowledging that the refinery does not yet meet Nigeria’s entire domestic fuel demand, Ojulari said its operations have significantly reduced supply-chain vulnerabilities. He also noted that NNPC is a shareholder in the refinery.
“Yes, it may not meet all our needs, but it gives us breathing space. And luckily, we are shareholders in that refinery as well,” he stated.
Ojulari’s comments signal a shift from years of strained relations between NNPC and the Dangote Group, which previously clashed over crude supply terms, regulatory approvals, pricing, and concerns about market dominance.
He explained that the current NNPC leadership has embraced a more collaborative and pragmatic approach, moving away from confrontation.
“So we said, what’s the hurry? We have a refinery that is working. It’s not owned by NNPC, but it’s a Nigerian refinery, built in Nigeria, working in Nigeria,” he said.
Ojulari revealed that NNPC has since engaged directly with Alhaji Aliko Dangote to establish a framework for cooperation in line with the Petroleum Industry Act, aimed at maximising value for Nigerians while maintaining NNPC’s institutional role.
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