Nigerian Refiners Seek to Reduce Petrol Imports, Increase Local Production

Nigerian domestic refiners, including Dangote Petroleum Refinery, plan to cut petrol imports and boost local production capacity to meet the country's fuel needs. Despite efforts to ramp up production, Nigeria still heavily depends on imports for petrol consumption.

Aliko Dangote criticized the Nigerian Midstream Downstream Petroleum Regulatory Authority for granting fuel import licenses, highlighting the need for more feedstock to enhance local production capacity.