Dangote Refinery Denies Fuel Re-Import Claims via Togo

Dangote Petroleum Refinery has categorically denied claims that it re-imports fuel into Nigeria via Togo, labeling the allegations as unfounded and misleading. The refinery's management stated that such practices contradict their operational realities and contractual agreements, which prohibit resale or re-importation of their products.

They emphasized their core mandate to strengthen domestic supply and maintain compliance with stringent product traceability protocols. The management highlighted that the logistics costs associated with transporting products back to Nigeria from Togo would significantly erode profit margins, making such transactions commercially unviable.

Matthew Tracey Cook from S&P Global noted during a webinar that the Nigerian fuel market is increasingly importing refined petroleum products, but he did not confirm any awareness of Dangote's alleged practices. The refinery reiterated its commitment to reducing Nigeria's dependence on imported petroleum products and stated that the claims do not withstand scrutiny against market logic and industry practices.