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Nigeria Cuts Crude Import Dependence as Dangote Refinery Nears Full Capacity Under Naira-for-Crude Push - Tekedia

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Key summary

2 min read
  1. Nigeria sharply cut imported crude for domestic refining in April 2026, with refineries getting 18.37 million barrels almost entirely from local sources.

  2. Dangote Refinery led the shift, running at 99.12% capacity and producing strong volumes of petrol, diesel, and jet fuel.

  3. The naira-for-crude policy helped boost domestic feedstock supply and reduce reliance on foreign crude imports.

  4. The change could support local refining, ease pressure on foreign exchange, and influence fuel pricing in the downstream market.

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