Business
Nigeria Slashes Petrol Imports by 85%, Consumes 10.2bn Litres in Six Months
In a significant economic pivot in Nigeria’s downstream history, the nation has successfully reduced its reliance on foreign-refined petrol by a staggering 85.14 per cent in just six months, underscoring the overriding impact of the 650,000 barrels per day Dangote Refinery.
A THISDAY analysis of data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) during the six-month period from October 2025 to March 2026 revealed that overall the refinery provided 54.32 per cent of the total petrol consumed across the country, effectively ending decades of total import dependence.
Total national consumption during the period under consideration hit 10.277 billion litres, out of which the Dangote Refinery injected 5.582 billion litres of petrol into the domestic market, the data revealed. This represents a monumental shift in Nigeria’s downstream sector, as a single local entity now provides more than half of the nation’s energy requirements.
In percentage terms, the Dangote Refinery’s contribution ranged from a low of 31.23 per cent in October 2025 to a peak of 72.30 per cent in March 2026, as the refinery cleared technical hurdles and raised capacity utilisation which climbed to 93.62 per cent in March.
The trajectory of the refinery’s market share showed a rapid ascent. In October 2025, Nigeria’s total daily consumption stood at 57.74 million litres, with Dangote contributing a minute 18.03 million litres, a 31.2 per cent share of the market. By January 2026, even as national consumption rose to 60.2 million litres daily, the refinery’s ramp-up to 40.1 million litres daily pushed its market share to a staggering 66.6 per cent for that month.
This surge in domestic supply provided the much-needed stability to the Nigerian economy. In December 2025, when national consumption peaked at 63.7 million litres per day due to festive season travel, the refinery hit its first major milestone by delivering nearly 1 billion litres in a single month, a review of the data showed.
Besides, while national consumption fluctuated, hitting a low of 47.3 million litres daily in March 2026, the refinery’s production remained robust. The refinery’s capacity utilisation reached a record 93.62 per cent in March, even as it optimised its domestic evacuation to align with the lower national demand.
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Following the refinery’s growing efficiency, the NMDPRA has now significantly scaled back import licenses. In March 2026, total national consumption was almost entirely covered by domestic production, with imports reduced considerably.
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By providing 5.58 billion litres in six months, the refinery stabilised Nigeria’s petroleum distribution network, which consists of over 22,681 retail outlets, reducing the logistical “dead time” previously associated with waiting for offshore mother vessels to discharge products at coastal ports for imported fuels.
For decades, Nigeria, Africa’s largest oil producer was ironically tethered to European and Middle Eastern refineries to meet its local energy needs. But the data confirmed that the era of total import dependence is effectively over.
The most aggressive decline occurred between December 2025 and February 2026. As local refining capacity at the Dangote Petroleum Refinery scaled up, the daily import bill was slashed from 42.2 million litres in December to a historic low of just 3.0 million litres per day in February 2026.
In essence, THISDAY’s review showed that imports fell from a peak of 1.44 billion litres in November 2025 to just 182.9 million litres in March 2026.
Besides, by the close of the first quarter of 2026, Nigeria’s domestic sufficiency rate for petrol had climbed to over 87 per cent, with local refineries led by the Dangote plant, providing the vast majority of the 47.3 million litres consumed daily by Nigerians.
Overall, the 85 per cent reduction in imports represents a massive logistical shift. The NMDPRA fact sheets indicated that the distribution network, which utilises a fleet of over 25,000 tanker trucks, is now almost exclusively loading from domestic depots rather than waiting for offshore vessels to discharge imported fuel.
However, while the Dangote Refinery continues to make progress, the government-owned Port Harcourt and Warri refineries remained in shutdown mode throughout the period, leaving the private facility to fill the void.
The data showed that even during peak consumption months like December (63.7 million litres daily), the strategic ramping up of domestic supply allowed the regulator to scale back import orders without triggering the fuel queues that have historically defined the Nigerian holiday season.
Besides, the NMDPRA’s March 2026 highlights showed that of the 40.1 million litres supplied daily to the market, 34.2 million litres came from domestic sources. As the final 5.9 million litres of imports are phased out, Nigeria now stands on the cusp of becoming a net exporter of refined petroleum products for the first time in its history, the analysis showed.
But while petrol remains the flagship product, the facility’s ability to maintain high utilisation rates (averaging 74 per cent across the period) has ensured that secondary products like diesel also reached the market consistently, peaking at 10.9 million litres daily in domestic supply during January 2026.
In all, the NMDPRA fact sheets indicated that the only other domestic contributors were modular refineries like Waltersmith and Aradel. However, these facilities are currently optimised for diesel and kerosene) production, making Dangote’s share of the overall petrol market even more critical to national energy security.
The NMDPRA also noted that the domestic gas supply remained a pillar of the energy mix, staying steady at 4.88 Bscf/day by March 2026. This stability in gas, combined with the refinery’s petrol output, suggests that Nigeria is moving toward a more balanced energy portfolio.
Business
Ndindi Nyoro Gives Ruto 14 Days to Disclose Dangote Refinery Deal
People’s Party of Kenya leader and Kiharu Member of Parliament Ndindi Nyoro has publicly declared his party’s alignment with the opposition, vowing to collaborate with other opposition leaders to bring President William Ruto’s administration to an end.
Nyoro made the remarks during a public rally in Laare, Igembe North Constituency, Meru County, as part of what he described as the “People’s Tour.”
He said any effort to change Kenya’s leadership must be accompanied by a genuine transformation of the country’s economy and governance structures.
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Nyoro Issues Dangote Refinery Ultimatum
At the Laare rally, Nyoro issued President Ruto a direct 14-day ultimatum to make public the full details of the proposed Dangote oil refinery investment, arguing that Kenyans are entitled to know the terms of the deal.
The demand puts additional pressure on the Ruto administration over a transaction that has attracted scrutiny regarding transparency and the terms under which Kenya would participate.
Courtesy – Tuko
Business
Dangote to Deliver $16bn East Africa Refinery in 40 Months
Africa’s drive for industrial self reliance received a major boost on Wednesday as Kenya President William Ruto and President/Chief Executive, Dangote Industries Limited, Aliko Dangote, joined African leaders to break ground on a $16 billion petroleum refinery and petrochemicals complex in Lamu, Kenya.
Biztellers reports that the industrial complex is designed to process 700,000 barrels of crude oil per day and serve markets across Eastern Africa.
Dangote announced that the $16 billion Dangote East Africa Petroleum Refinery & Petrochemicals in Lamu, Kenya, will be delivered within 40 months, with an ambitious local content programme that will provide jobs for qualified Lamu graduates and train more than 1,000 young people from the county. Dangote also disclosed that 30 per cent equity in the 700,000 barrels per day refinery is being offered to East African countries, opening the landmark project to regional ownership as part of a broader strategy to strengthen energy security and retain more of Africa’s wealth within the continent.
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Dangote said the project would be executed at speed, assuring the gathering that the refinery would be completed within 40 months. He said the company had already begun mobilising equipment and technical resources for the project and would draw extensively from lessons learnt in delivering the Dangote Petroleum Refinery in Lagos. According to him, the Kenyan refinery would be one of the fastest major projects undertaken by the Group, as the company seeks to demonstrate that African businesses can execute complex industrial projects at globally competitive scale and speed.
Dangote placed local participation at the heart of the project, announcing that qualified graduates from Lamu would be offered opportunities to work on the development, while more than 1,000 young people from the host communities would receive technical and vocational training to prepare them for jobs within the refinery and its emerging industrial ecosystem. The Group will establish a training school to develop the technical skills required by the refinery, with emphasis on equipping local young people to participate directly in construction and subsequent operations. Dangote said the objective was to ensure that the economic footprint of the investment extended well beyond the refinery.
“We want young Kenyans and East Africans with skills here. We want local businesses to become suppliers. We want entrepreneurs around this project,” he said. “For me, the true measure of this project will not be the height of these towers or the number of barrels it processes.”
Instead, he said its success would also be measured by young Kenyans acquiring engineering and technical skills, local entrepreneurs building businesses around the investment and communities enjoying improved livelihoods. “Industrialisation must have a human face. It must create dignity. It must create jobs. It must create opportunities. It must create hope,” Dangote said.
President Ruto put the cost of the development at $16 billion, or about KSh2 trillion, describing it as a “generational undertaking” designed to serve not only Kenya but the wider Eastern African region. The project is designed to process about 700,000 barrels of crude oil daily and generate up to 1,000 megawatts of electricity. It will also include polypropylene and base oil production as part of an integrated refining and petrochemicals complex.
Ruto reinforced the employment commitment, saying current projections envisage about 60,000 direct and indirect jobs from the development. The President directed technical and vocational institutions and universities to prepare welders, technicians, engineers and managers for the opportunities, insisting that young people from Lamu and neighbouring communities must be given a fair opportunity to compete for the jobs. Ruto said the construction phase alone was expected to inject more than KSh2 billion monthly in wages into the economy, with the money circulating through shops, hotels, restaurants, transport, housing and other businesses.
In another significant move towards regional economic integration, Dangote disclosed that 30 per cent of the refinery’s equity would be made available to East African countries, allowing governments in the region to participate in the ownership and future value created by the project. He said Kenya and Rwanda had already moved quickly to take advantage of the opportunity. The ownership model fits into Dangote’s broader argument that African countries and investors should not merely host major industrial projects but should increasingly participate in their ownership and prosperity. Dangote said the refinery had been designed as a regional asset serving Kenya, Uganda, Rwanda, Tanzania, Ethiopia, South Sudan, the Democratic Republic of Congo and other markets.
“This refinery is therefore not simply about one country. It is about a region,” he said.
The industrialist said Africa could no longer afford an economic model under which crude oil, minerals and agricultural commodities were exported while the continent imported the finished products derived from them.
“Africa cannot build lasting prosperity by exporting what it has and importing what it needs,” he said. “We must refine more of what we produce. We must process more of what we produce. We must retain more value here at home in Africa.”
The Governor of Lamu County, Issa Timamy also used the groundbreaking to condemn attempts to stop the project through litigation, describing those behind the move as working against an investment capable of transforming the economic fortunes of the county. Addressing residents partly in Swahili, the Governor said those who had gone to court against the development did not represent the aspirations of the people of Lamu.
He argued that opponents of the project were seeking to frustrate an investment that could provide opportunities for thousands of young people and insisted that residents would not allow the county’s development prospects to be undermined.
The Governor maintained that the project would go ahead and be completed, while calling on young people and businesses in the county to prepare themselves for the opportunities that would accompany the investment. He said Lamu had for too long been rich in history, culture and natural resources but left behind in the march of development, adding that the refinery offered the county an opportunity to become a major investment and industrial destination.
He nevertheless stressed the importance of protecting Lamu’s mangroves, fishing grounds, coastline and cultural heritage, calling for responsible development that would allow industrialisation and environmental protection to coexist.
Former Nigerian President Olusegun Obasanjo led other African leaders in celebrating Dangote’s emergence as one of the continent’s leading champions of industrialisation, recalling his evolution from trading and importation into large scale manufacturing. Obasanjo said the transformation demonstrated the importance of African governments creating the right environment for indigenous entrepreneurs to invest, manufacture and compete at scale. For the former President, the Lamu investment represented a further expansion of that industrialisation philosophy from West Africa into East Africa.
Obasanjo said he was particularly pleased to witness the project because of its potential to deepen economic integration between the two regions and demonstrate what African entrepreneurship, supported by purposeful political leadership, could accomplish.
Ugandan President Yoweri Museveni said Africa could not continue exporting raw materials while surrendering the jobs and wealth associated with processing them elsewhere. He backed the regional ownership proposal, describing the opportunity for East African countries to acquire equity in the refinery as a smart approach to ensuring that the region participated not merely as a market but also as an owner.
Prime Minister of Ethiopia, Abiy Ahmed, said the refinery would strengthen East Africa’s energy security and reduce its vulnerability to disruptions in global petroleum markets. He said Dangote’s record in cement, fertiliser and petroleum refining had demonstrated that African industrial enterprises could operate at global scale. “East Africa is not only a market. It is a place to produce, to build and to create value,” Abiy said.
Photo Caption: From Left – Prime Minister of Ethiopia, Abiy Ahmed; President of Uganda, Yoweri Museveni; President of Kenya, William Ruto; President/Chief Executive, Dangote Industries Limited, Aliko Dangote; former President of Nigeria, Olusegun Obasanjo; President of Benin Republic, Romuald Wadagni; and President of Togo, Jean Lucien Savi de Tové, during the groundbreaking ceremony of the Dangote East Africa Petroleum Refinery & Petrochemicals SEZ in Mokowe, Lamu County, Kenya, on Wednesday, September 30, 2026
Business
Dangote Blames Marketers, IOCs for Lamu Refinery Protests
Nigerian billionaire and President of the Dangote Group, Aliko Dangote, has blamed local marketers and international oil companies for fuelling protests over land earmarked for his proposed $16bn oil refinery in Lamu, Kenya.
Dangote and the President of Kenya, William Ruto, performed the groundbreaking ceremony for the refinery in Lamu on Wednesday. This comes even as a court halted construction activities due to a land dispute.
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Dangote made the allegation while speaking to the BBC’s Focus on Africa programme, amid protests by some residents over compensation for land acquired for the refinery project.
The refinery is expected to have a processing capacity of 700,000 barrels per day when completed in 2030. Dangote disputed claims that the company had taken more land than it required, saying it only used the portion allocated to it by the Kenyan Government.
“They said some people are demonstrating; demonstrating about what? Have you ever seen people demonstrating against themselves in terms of development?” he asked.
Africa’s richest man dismissed the protests as “games played by local marketers and international players”, insisting the refinery would go ahead and would be ready by 2030 as planned.
The groundbreaking was also attended by the leaders of Uganda, Ethiopia, Togo and Benin. Dangote has offered regional governments a combined 30 per cent stake in the refinery, according to Reuters.
The billionaire insisted that the protests would not stop the refinery project, which he described as his largest proposed investment outside Nigeria.
The project is expected to become the largest refinery in East Africa and Kenya’s biggest infrastructure project since independence, surpassing the $5.1bn Standard Gauge Railway.
Dangote said the refinery would demonstrate that the success recorded with his 700,000bpd refinery in Nigeria could be replicated elsewhere on the continent.
“Lekki proved that it can be done, Lamu must prove that it can be repeated,” he said.
However, the Save Lamu campaign group has raised concerns about the environmental impact of the project on the local community. The co-founder of the group, Walid Ali, told the BBC that residents wanted to see the findings of the environmental impact assessment and the proposed mitigation measures.
A group of 133 Lamu residents had approached the Kenyan High Court in a bid to stop construction work. Following the legal action, activities including excavation and construction on the disputed land have been restricted pending the next court hearing, scheduled for October 14.
Dangote said the refinery would create about 60,000 jobs at the peak of construction, with local communities expected to benefit from the project.
The refinery will also include a 1,000-megawatt power plant designed to supply Dangote’s operations and other industries expected to establish businesses in the area.
Courtesy – The PUNCH





