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

EFCC Arraigns Former Federal University Dutsinma VC Over Alleged N19.7m Bribery

The Economic and Financial Crimes Commission (EFCC) has arraigned...

Arteta Plays Down Rosenior’s Complaint Over Arsenal Staff Conduct

Arsenal manager Mikel Arteta has dismissed concerns raised by...

Abuja @ 50: Wike says Tinubu’s Administration behind Abuja’s Transformed Landscape

… Inspects Major Projects for CommissionBy Joyce Remi-BabayejuThe FCT...

JUST IN: Shettima visits Kwara community after deadly attack

Vice President Kashim Shettima on Saturday visited Woro village...

CCECC to Renovate and Construct Namibian High Commission and Home-Based Staff Building in Abuja

By Othuke EvrohXiangdong Wang, President, China Civil Engineering Construction...

Why I Fought With My Wife Natasha in London — 2Baba Opens Up

Nigerian music icon Innocent Idibia, popularly known as 2Baba,...

Mercy Johnson Helped Me After My Ex-Husband Threatened My Life — Etinosa

Nigerian actress Etinosa Idemudia has revealed that fellow actress...

SPL: ‘You’re Not Close to Ronaldo’s Level’ — Al-Ittihad Legend Noor Blasts Benzema

Al-Ittihad legend Mohamed Noor has launched a scathing attack...

Arteta Plays Down Rosenior’s Complaint Over Arsenal Staff Conduct

Arsenal manager Mikel Arteta has dismissed concerns raised by...

Alex Iwobi Gives Fresh Update on Nigeria’s 2026 World Cup Qualification Hopes

Super Eagles midfielder Alex Iwobi has spoken about Nigeria’s...

FG Commences Emergency Distribution of Various Food Items in 10 Northern States

By Joyce Remi-BabayejuThe Minister of Humanitarian Affairs and Poverty...

Related Articles

Popular Categories

spot_imgspot_img