Nigeria’s state-owned oil company, Nigerian National Petroleum Company Limited, has doubled its crude oil supply to the Dangote Petroleum Refinery, delivering 10 cargoes in March compared to about five in previous months.

The development, confirmed on April 8, 2026, is part of ongoing efforts to boost domestic refining capacity and reduce dependence on imported petroleum products amid global market uncertainties.

Owner of the refinery, Aliko Dangote, disclosed that the increased supply includes cargoes paid for in both naira and foreign currency, enabling the facility to process more locally sourced crude.

The Dangote refinery, with a capacity of about 650,000 barrels per day the largest in Africa requires between 13 and 15 cargoes monthly to fully meet Nigeria’s fuel demand. However, the recent increase to 10 cargoes marks significant progress toward that goal.

Industry analysts say the boost could help improve fuel availability and ease price pressures in the short term, particularly as global crude oil prices remain high.

They also note that sustaining higher production levels will depend on consistent crude supply from the NNPC and other upstream producers, alongside stronger coordination within the oil sector.

Leave a Reply

Your email address will not be published. Required fields are marked *