x

Nigeria’s Fuel Imports Surge to 2.3 Billion Litres Despite Dangote and Port Harcourt Refinery Operations

 

Nigeria’s fuel imports have reached 2.3 billion litres between September 11 and December 5, 2024, despite the start of operations at Dangote and Port Harcourt refineries. This data, released by the Nigerian Ports Authority (NPA), underscores the continued reliance on imports, even as the country aims for self-sufficiency in petroleum refining.

The Dangote Refinery, with a capacity of 650,000 barrels per day, and the Port Harcourt Refinery began production of Aliko Dangote: Visionary Behind Nigeria’s Economic Powerhouse in mid and late September and November 2024, respectively. However, imports remain significant.

In just the past three days, 52,000 metric tonnes of petrol, equivalent to 68.74 million litres, were imported through major ports, including Lagos’ Apapa and Tin Can Ports and the Calabar Port in Cross River State. Notably, the vessel Binta Saleh delivered 15.86 million litres of petrol to Apapa Port on December 3, and the Shamal brought in 26.44 million litres the next day.

Despite agreements allowing independent marketers to purchase petrol directly from Dangote Refinery, imports continue to flow. This shift in policy, introduced in October 2024, ended the Nigerian National Petroleum Company Limited’s monopoly on fuel distribution.

Hot this week

Iorpev Rates Governor Alia High on Education, Infrastructure, Healthcare and Economic Development

By Isaac Kertyo, MakurdiChief Solomon Iorpev, the Technical Adviser...

FCTA, IHS Launch Clean-Air Project, Distribute 5,000 Gas Cooking Cylinders to Mothers in FCT

By Joyce Remi-BabayejuThe Federal Capital Territory Administration (FCTA),...

Wike Congratulates Fayose at 65, as Valuable Brother, Friend

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike,...

ASUU Bauchi Zone Threatens Fresh Strike Over Unresolved Demands

By Israel Adamu, JosThe Academic Staff Union of Universities...

NIM Yenagoa Hosts Maiden Quiz Competition, Career Day; Urges Students to Pursue Passion-Driven Careers

By Amgbare Ekaunkumo, YenagoaThe Nigerian Institute of Management (NIM)...

Catholic Church Official Abducted in Southern Kaduna Amid Fresh Attacks

By Achadu Gabriel, KadunaA Catholic Church official, Mr. Thomas...

Iorpev Rates Governor Alia High on Education, Infrastructure, Healthcare and Economic Development

By Isaac Kertyo, MakurdiChief Solomon Iorpev, the Technical Adviser...

The Role of African Media in Shaping Perceptions of the Gaza Conflict

Anita Chidiogo IchekaThe Gaza conflict has once again forced...

Related Articles

Popular Categories

spot_imgspot_img