Nigeria Becomes a Net Fuel Exporter Due to Dangote Refinery's Growth

Nigeria has become a net fuel exporter for the first time, driven by the Dangote refinery operating at near full capacity. In March, gasoline exports rose to 55,000 b/d while imports fell to 40,000 b/d, marking a significant shift in the country's fuel dynamics. The refinery's success is attributed to its high production levels and the inoperability of state-owned refineries.

By Natalia Katona Sun, April 26, 2026 at 12:00 AM GMT+3 7 min read · Yahoo Finance ·

Nigeria Becomes a Net Fuel Exporter Due to Dangote Refinery's Growth

Topics: Dangote Refinery Economic Shift Energy Production Fuel Export Nigeria

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