Dangote Refinery Begins Full Production, Signals End of Nigeria Fuel Imports
Dangote Refinery
Africa's largest oil refinery has achieved its design capacity of 650,000 barrels per day, confirming Aliko Dangote's long-held ambition to transform Nigeria from fuel importer to regional petroleum hub.
NNPC has signed a 12-month offtake agreement for 300,000 bpd, with the remainder earmarked for export to Ghana, Côte d'Ivoire, and Senegal under government-to-government deals.
The pump price of petrol in Lagos fell 22% in the week following the announcement, offering the first meaningful relief to motorists since the removal of fuel subsidies.
This article was reported by the AfriDevMonitor editorial team. Additional reporting contributed by our correspondents in Addis Ababa, Nairobi, Lagos, Johannesburg, and Cairo.
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