- Stakeholders Express Shock Over Large-Scale Fuel Imports
- Dangote Refinery Faces Pressure to Prove Capacity Amid Imports
Oil marketers imported 76.84 million litres of petrol within two days last week, despite an industry understanding to limit imports and allow the Dangote Petroleum Refinery to prove its production capacity.
According to data from the Nigerian Ports Authority, vessels carrying 57,301 metric tonnes of petrol docked at Lagos ports between January 21 and January 22, 2025.
This contradicts the supposed agreement among stakeholders to halt fuel imports for 180 days.
Billy Gillis-Harry, President of the Petroleum Products Retail Outlets Owners Association, expressed surprise over the development, stating,
“The idea was to give the Dangote refinery time to prove its production capacity.” However, the Independent Petroleum Marketers Association clarified that the directive was a “mutual understanding” and not legally binding.
