Dangote Refinery is now in a prime position to meet Nigeria’s fuel demands, having recently signed a deal with the Nigerian government to receive 12 million barrels of crude oil. This supply will allow the refinery to locally produce petrol, diesel, and jet fuel, potentially eliminating the country’s reliance on fuel imports.

The latest updates on Dangote Refinery in October 2024 highlight its progress in addressing Nigeria’s fuel needs. The refinery recently secured an agreement with the Nigerian government to supply 12 million barrels of crude oil to the facility, allowing it to domestically refine petrol, diesel, and jet fuel. This move is expected to ease the fuel shortages in the country and bring back into operation many idle petrol stations, improving nationwide fuel access. Furthermore, Dangote Refinery has already begun producing diesel and jet fuel, with gasoline production set to follow soon. The refinery’s capacity to meet Nigeria’s entire fuel demand could significantly reduce the country’s dependency on imports and stabilize the economy