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

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Marketing Technology
  • 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.

Nigeria imported 1.5 million metric tons of petrol, or around 2 billion liters between October 1 and December 11. Photo Credit: Dangote refinerySource: UGC

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 …

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