Dangote Refinery in Strong Competition With Imported Petrol, Seeks Loan to Boost Operation [Video]

• The domestic market is still dominated by imported gasoline, suggesting a persistent reliance on foreign fuel sources
• Data shows that Nigeria imported 1.5 million metric tons of gasoline, or around 2 billion litres, between October 1 and December 11, 2024
• This is despite expectations that the Dangote Refinery will improve supplies and alter Nigeria’s energy environment

Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

Imported petrol still dominates the domestic market, indicating a continued reliance on foreign fuel supplies, despite hopes that the Dangote Refinery will change Nigeria’s energy landscape and boost supply.

In light of worries over Nigeria’s domestic refining capability, Premium Times gathered shipping data from motor tanker vessel activity between October 1 and November 11 that showed a significant influx of petroleum products …