Revealed! Dangote announces date to stop importing crude

• By the extremity of 2025, the Dangote Petroleum Refinery aims to root each its crude lipid from Nigerian producers, reducing the country’s reliance connected imported refined fuels
• The refinery has go a nett exporter of diesel, gasoline, and aviation fuel, but faced challenges successful feedstock proviso owed to home proviso fluctuations
• Strengthened relations with section traders and the authorities lipid company, NNPC, are expected to guarantee a accordant proviso of Nigerian crude

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

By the extremity of 2025, the Dangote Petroleum Refinery, Africa's largest refinery and owned by the continent's richest billionaire, Aliko Dangote, intends to root each of its crude lipid from Nigerian producers.

Photo Credit: Dangote Group
Source: UGC

This is expected to people a important turning constituent for the country’s lipid sector.

Devakumar Edwin, Vice President astatine Dangote Industries, overseeing the plant, told Bloomberg, “We expect semipermanent overseas crude contracts to expire and modulation wholly to home proviso earlier the year-end.”

This displacement is expected to trim Nigeria's reliance connected imported refined fuels and assistance trim proviso concatenation inefficiencies and corruption.

Nigeria’s substance landscape

Billionaire.Africa reported that Nigeria is present a nett exporter of diesel, gasoline, and aviation substance arsenic a effect of the refinery’s progressive ramp-up since commissioning. However, erstwhile section accumulation was incapable to conscionable demand, the installation had to trust connected crude from Ghana, Equatorial Guinea, Angola, and Brazil.

Major companies person retreated from onshore and shallow-water fields successful Nigeria, an OPEC member, leaving concessions to smaller section operators. The availability of feedstock has been affected by fluctuations successful home supply, pipeline theft, and militant attacks successful the Niger Delta.

Edwin said that a accordant proviso of Nigerian crude would beryllium ensured done strengthened relations with section traders and the authorities lipid company, NNPC. Bloomberg information shows that, successful June, 53% of the refinery's feedstock came from home sources, with the remaining 47% sourced from the United States.

Photo Credit: Contributor
Source: Getty Images

Dangote refinery slashes petrol prices to N820 per litre

Legit.ng reported that successful a determination that rattled depot owners precocious Tuesday, July 8, 2025, the 650,000 bpd-capacity Dangote Refinery has slashed petrol prices to N820 per litre, down from N840, which it released connected June 30, 2025.

This comes arsenic depot owners person consistently undercut the mega refinery with little terms cuts to summation marketplace advantage.

The latest terms accommodation by the refinery is the lowest complaint since March 14, 2025, erstwhile petrol sold astatine N815 per litre astatine the facility.

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Source: Legit.ng