Dangote is set to purchase 2million barrels of crude oil (WTI Midland) from the US company Trafigura. This is the first time Dangote is buying a non-Nigerian crude. So what does the crude import mean for Nigerians? Dangote obviously would source for the FX used in purchase these oils. Does it mean that Dangote would sell refined products to the NNPC in USD?

Here is the link to the source...

https://www.bloomberg.com/news/articles/2024-01-29/nigeria-s-mega-refinery-turns-to-us-oil-as-ramp-up-gathers-pace?leadSource=uverify%20wall