By Milcah Tanimu
The Dangote Refinery, Africa’s largest petroleum facility, is making strides in reducing Nigeria’s dependence on imported fuel. Between September and November 2024, the refinery supplied over 148 million liters of petrol to major marketers, including Ardova Plc, TotalEnergies, and Conoil. This shift comes as the federal government allows independent marketers to negotiate directly with the refinery, aiming to foster competition and operational efficiency.
Despite these gains, the Nigerian National Petroleum Company Limited (NNPCL) has yet to lift petrol from the refinery due to unresolved contract terms, contributing to lingering fuel shortages and high pump prices across the country. Experts advocate for a fully deregulated market to stabilize supply and pricing in the long term.
