Dangote Refinery Fuel Import Concerns

Dangote Petroleum Refinery has threatened to export excess petrol stocks due to rising imports, which create uncertainty in domestic demand. The refinery maintains sufficient inventory but faces challenges in planning due to a lack of transparency regarding imported petrol volume

Dangote Petroleum Refinery and Petrochemicals expressed concern over ongoing petroleum product import licenses despite its capacity to meet Nigeria's fuel needs. The refinery noted that high import volumes create market uncertainty, leading to increased exports to manage excess i

Dangote Petroleum Refinery criticized the ongoing issuance of petroleum product import licenses, asserting that Nigeria's local refining capacity can meet domestic demand. The refinery expressed concerns over the uncertainty caused by imports, which accounted for 43% of fuel supp