Nigerian Marketers Import Dangote Fuel via Lome Hub

Nigerian marketers have shifted towards importing fuel from Dangote Petroleum Refinery through the Lome hub in Togo, as highlighted by Matthew Tracei Cook from S&P Global during a webinar. This trend has resulted in Dangote products becoming the dominant source of waterborne deliveries to Nigeria, accounting for 70-80% of imports from March to May 2026.

The data indicates a significant increase in the volume of Dangote's coastal supply, despite a slight decrease in imports from Lome compared to 2024 levels. The Lome hub has emerged as a key transshipment point, accommodating larger tankers and facilitating the distribution of products like petrol, diesel, and jet fuel.

The ongoing geopolitical tensions, particularly the crisis in the Middle East, have influenced gasoline prices in West Africa, with Dangote's pricing closely aligned with Lome's benchmark. Additionally, Dangote's exports have expanded beyond West Africa, with notable deliveries to the UK, Netherlands, and South Africa from April to June 2026.