Nigeria’s Giant Oil Refinery Fails to Halt Record Fuel Prices

Nigeria’s Fuel Prices Surge Despite Flagship Refinery Start-Up | The Middle East Observer

Fuel prices across Nigeria have climbed to record highs, underscoring structural vulnerabilities in the country’s energy supply chain despite the full-scale launch of the Dangote Petroleum Refinery earlier this year. The 650,000 barrels-per-day facility—Africa’s largest—was expected to end decades of fuel import dependency and position Nigeria as a net exporter of refined petroleum products. However, […]

Nigeria’s giant oil refinery fails to halt record fuel prices

LAGOS: Fuel prices in oil-producing Nigeria have reached record-high levels, industry figures show, as maximum output from the giant Dangote Petroleum

Nigeria's giant oil refinery fails to prevent record gasoline prices

Dangote refinery forced to import crude, exposing Nigeria to global price shocks

Why the Dangote Refinery Has Not Reduced Fuel Prices in Nigeria

The Dangote Petroleum Refinery, the largest in Africa, built precisely to reduce Nigeria’s dependence on petroleum imports and insulate the country from global fuel market volatility, is now fully operational.  And yet Nigerians are paying more for petrol than at any point in the country’s history, with pump prices hitting a record ₦1,400 per litre … The post Why the Dangote Refinery Has Not Reduced Fuel Prices in Nigeria appeared first on Busin…