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Aliko Dangote slashes Nigeria petrol imports to historic low

Aliko Dangote's refinery supplied 92% of Nigeria's petrol demand in February, cutting the country's dependence on foreign fuel to a record low.

Aliko Dangote slashes Nigeria petrol imports to historic low

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Aliko Dangote is systematically dismantling Nigeria's dependence on imported gasoline. New data from the midstream and downstream petroleum sector confirms that locally refined products met 92% of national demand in February, a milestone that signals a structural shift in how Africa's largest economy fuels itself. The numbers are hard to argue with, and the man behind them has been building toward this moment for years.

The figures tell a striking story. Total petrol supply for the month averaged 39.6 million liters per day. Of that, only 3.1 million liters arrived daily from foreign suppliers, meaning offshore sources now account for just 8% of the total market. It marks the lowest petrol import figure the country has ever recorded, a dramatic reversal from a not-so-distant past when Nigeria, despite sitting on vast crude reserves, spent billions importing refined fuel it could not produce itself.

Dangote refinery leads domestic supply

The founder and president of Dangote Industries Limited has positioned his Ibeju-Lekki facility as the backbone of this transformation. The refinery controlled the vast majority of February's supply, allowing Nigeria to report record-low import figures while still maintaining a 31-day national sufficiency level. That buffer means domestic reserves, managed largely under Dangote's oversight, are now stable enough to cover a full month of demand without a single tanker arriving from abroad.

Three modular refineries also contributed to the month's output, each averaging 0.368 million liters per day. Their consistent volumes reinforced the broader case that Nigeria's refining infrastructure has reached a level capable of sustaining the country's energy needs over the long term. Overall local refining activity exceeded gasoline production benchmarks, confirming that the foundation for a self-sustaining energy sector is firmly in place. The decline in total supply from January levels was modest and did not undermine the more important story: the source of the fuel has fundamentally changed.

What the consumption figures reveal

Daily gasoline consumption sat at 36.6 million liters during the period, tracking slightly below total daily supply from local plants. When measured against the national consumption benchmark of 50 million liters per day, actual usage tracked through truck-out volumes averaged 56.9 million liters, reflecting a high and sustained demand pressure across the country. That gap between the standard benchmark and real consumption data points to the scale of the task Dangote has taken on, and the progress his refinery is making in closing it.

A new era for Nigeria's downstream sector

By hitting these production milestones, Dangote is delivering on a long-stated promise: keeping Nigerian wealth inside Nigeria. The reliance on expensive foreign exchange to fund fuel imports is fading as the Ibeju-Lekki facility scales up capacity and captures a growing share of the market.

What was once managed by an extensive network of international commodity traders is now increasingly driven by a single domestic operation. Nigeria's downstream sector has entered a new phase, and Dangote is the one steering it. The question now is not whether the refinery can hold its ground but how much further it can go.

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