At a press conference Wednesday, February 4 2026, Dangote Refinery General Manager David Bird said that the agreement reached by the president's government bola Ahmed Tinubu with the plant, based on the exchange of nairas for crude oil, was a “success ”. He notes that the refinery was still importing 65% of its crude oil.

The managing director of Dangote Refinery has indicated that the Nigerian National Petroleum Company (nnPC ) provides currently at the refinery with a capacity of 650,000 barrels per day between 35 and 40% of its crude oil. According to David Bird, the president of refinery is working to increase the quantity of crude oil allocated to the plant.

He indicated that “currently, the contract Crude oil against the naira represents 30-35% of our supply in crude oil. We hope to be able to increase this percentage.”

Noted that the Nigerian government launched the deal of selling nairas for crude oil with the Dangote refinery in October 2024 in order to reduce production costs.

The agreement was met with difficulties in 2025, but in April, the federal government announced its indefinite extension