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

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Prof Rufa’i Ahmed Alkali Calls on Tinubu Visit Kolmani Oil Field

By Mike Odiakose A Chieftain of the ruling All Progressives...

JUST IN: Liverpool’s Diogo Jota Reportedly Killed in Car Crash in Spain

Liverpool forward Diogo Jota has reportedly died in a...

INEC Issues Supplementary Guidelines for Election Result Review

The Independent National Electoral Commission (INEC) has released new...

BREAKING: Super Eagles Icon Peter Rufai Dies at 61

The Super Eagles have mourned the passing of former...
spot_img

Related Articles

Popular Categories

spot_imgspot_img