₦airaland Forum

Ibas was really a crazy person 😂😂😂 how can you award 134bn contract as 6 months temp administrator

This looks like recruitment oo

What kind of lawlessness is that , why would you be cooking on the street

kpankpangolo:
1. Apple.

2. KFC.

3. Dominoes.

4. McDonalds.

5. HP.

There is no official apple in Nigeria

KFC is franchise

Dominoes is a Franchise

There is no single McDonald's in Nigeria

kpankpangolo:
Let them not get ideas to come our way. They will lose money. Our 230M population doesn’t translate to profit.

They won't come American brands know it's not worth it to open shop in Nigeria especially under Tinubu govt where disposable income is at the lowest ever

And yet they remain the poorest demographic in UK

Na wa , na so this works want change for our eyes

45 mins later CIA assassin Susan rice will deliver the Thallium laced tea that sent this great man to to the great beyond , clearing up the road for CIA asset OBJ to be president

She means you are being stolen silly under the guise of fuel importation

You left Wike and went to sue the innocent Journalists ?

Badb0y4lyf:
That's I exactly what's gonna happen Tinubu will continue using the current one even after j he leaves office and this will be refusbish backed and used

He thinks we didn't notice they have refused to paint the jet in National colors

Tranquill:
You should have at least shown us the court order and why it was given.

Also, showing us the documents of ownership or lawful possession would help us make informed judgment as to whether the government is right or wrong in their action.

I just know you are a Yoruba person

Very wicked human beings

How did this nonsense make it to front page .. Nairaland has gone to thrash

simpleseyi:
Cry well well. Have you ever heard of Nigeria’s Presidential jets being dashed out like popcorn?

Nobody will buy that dead 737 with ancient seat

It will never be sold but returned back and the new one will go into private hands

These men care about nobody...if Kwankwaso can abandon Lawan like this then no hope for others

Just see the kind of unsubstantiated talk a senator is talking , if IATA starts banning your pilots now you will say it's racism

They are not worried that Bello Turji and his boys are roaming free

He really planned to enjoy his life but didn't have the life force capacity for it ..RIP in your next life you will try again

AbuAeesha:
Hmmm 🤔
No Wonder you seem worse.
I get your point.

I was raised in many places so rest , not everybody had the quality of life you had ok

Why are you people so unrealistic , this is how una just dash Tinubu presidency on a platter

The question remains why is Nigeria wasting scarce Forex to import so much despite Dangote having the. Capacity to fulfill our daily petrol consumption?

Nigeria’s reliance on petrol imports has deepened despite the commissioning of the 650,000-barrel-per-day Dangote Refinery, as new data reveal that imported petrol accounted for 72.64 per cent of total national consumption in the last nine months.

This comes as many African countries race to build new refineries or complete the overhaul of existing facilities, a development that would rival Dangote Refinery and Nigeria’s ambitious plan to become the continent’s refining hub.

According to figures from the Federation Account Allocation Committee (FAAC), the country consumed 12.5 billion litres of petrol between October 2024 and July 2025, of which 9.08 billion litres were imported, while 3.5 billion litres came from domestic supply, mainly the Dangote Refinery.

The data showed that hopes of achieving energy self-sufficiency through local refining remain distant. In October 2024, for instance, Nigeria imported 40.43 million litres per day, translating to 1.253 billion litres that month, while Dangote Refinery supplied only 7.09 million litres daily, representing 14.9 per cent of the total. Similar patterns persisted in the subsequent months, though local supply briefly surged early in 2025 before sliding again amid operational disruptions.

By January 2025, import dependence had dropped to 56.3 per cent, with Dangote supplying 592.1 million litres, its best performance so far. February and March maintained similar trends, with local supply hovering near 45 per cent.

However, production began to falter from May 2025, when domestic supply fell sharply to 472 million litres, leaving importers to cover nearly 72 per cent of national demand. By July, Dangote’s contribution stood at just 31.5 per cent, following a labour dispute that halted operations temporarily.

Despite being Africa’s largest oil producer, the country still struggles to supply its own refineries with adequate feedstock. Dangote Refinery, for example, imported nearly 20 per cent of its crude from the United States in 2024, underscoring the challenge of securing local crude under Nigeria’s current production constraints.

Despite the region’s push, stakeholders have insisted that unless crude availability and pipeline security are fixed, even the best refineries can’t solve the import problem.

Chairman of the African Energy Chamber, NJ Ayuk, while decrying a $15.7 billion shortfall in energy infrastructure investment on the continent, warned that regulatory barriers further complicate the issues on the continent.

“You can send crude and LPG across borders, but an African holding an African passport can’t move freely,” Ayuk said. In response to halting import dependence, several African countries are accelerating refinery projects to reduce reliance on foreign fuel, a development that could make Nigerian refineries less profitable.

According to recent announcements, Ethiopia, Senegal, Angola, Mozambique, Djibouti, Cameroon, Ghana, South Africa and Uganda are all planning the return of their refineries or building new plants that could collectively add over one million barrels per day of refining capacity, potentially rivaling Nigeria’s Dangote and NNPC refineries.

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72.64% of Nigeria’s petrol imported amid rivalry from new refineries
By : Kingsley Jeremiah, Abuja
Date: 14 Oct 2025

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• Africa seeks six Dangote-size refineries amidst looming crude oil crisis
• Africa faces $100bn refining investment gap, says OPEC

Nigeria’s reliance on petrol imports has deepened despite the commissioning of the 650,000-barrel-per-day Dangote Refinery, as new data reveal that imported petrol accounted for 72.64 per cent of total national consumption in the last nine months.

This comes as many African countries race to build new refineries or complete the overhaul of existing facilities, a development that would rival Dangote Refinery and Nigeria’s ambitious plan to become the continent’s refining hub.

According to figures from the Federation Account Allocation Committee (FAAC), the country consumed 12.5 billion litres of petrol between October 2024 and July 2025, of which 9.08 billion litres were imported, while 3.5 billion litres came from domestic supply, mainly the Dangote Refinery.

The data showed that hopes of achieving energy self-sufficiency through local refining remain distant. In October 2024, for instance, Nigeria imported 40.43 million litres per day, translating to 1.253 billion litres that month, while Dangote Refinery supplied only 7.09 million litres daily, representing 14.9 per cent of the total. Similar patterns persisted in the subsequent months, though local supply briefly surged early in 2025 before sliding again amid operational disruptions.

By January 2025, import dependence had dropped to 56.3 per cent, with Dangote supplying 592.1 million litres, its best performance so far. February and March maintained similar trends, with local supply hovering near 45 per cent.

However, production began to falter from May 2025, when domestic supply fell sharply to 472 million litres, leaving importers to cover nearly 72 per cent of national demand. By July, Dangote’s contribution stood at just 31.5 per cent, following a labour dispute that halted operations temporarily.

Despite being Africa’s largest oil producer, the country still struggles to supply its own refineries with adequate feedstock. Dangote Refinery, for example, imported nearly 20 per cent of its crude from the United States in 2024, underscoring the challenge of securing local crude under Nigeria’s current production constraints.

Despite the region’s push, stakeholders have insisted that unless crude availability and pipeline security are fixed, even the best refineries can’t solve the import problem.

Chairman of the African Energy Chamber, NJ Ayuk, while decrying a $15.7 billion shortfall in energy infrastructure investment on the continent, warned that regulatory barriers further complicate the issues on the continent.

“You can send crude and LPG across borders, but an African holding an African passport can’t move freely,” Ayuk said. In response to halting import dependence, several African countries are accelerating refinery projects to reduce reliance on foreign fuel, a development that could make Nigerian refineries less profitable.

According to recent announcements, Ethiopia, Senegal, Angola, Mozambique, Djibouti, Cameroon, Ghana, South Africa and Uganda are all planning the return of their refineries or building new plants that could collectively add over one million barrels per day of refining capacity, potentially rivaling Nigeria’s Dangote and NNPC refineries.

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In Ethiopia, the government is advancing plans to build the Gode refinery, a 70,000 barrels-per-day facility in partnership with China’s Golden Concord Group (GCL). The plant, located in the Ogaden Basin’s Hilala oil field, will process domestic crude and condensate, marking a significant step toward the country’s energy independence.

Neighbouring Senegal has unveiled plans to construct a second national refinery to complement its existing Société Africaine de Raffinage (SAR) facility. The new project, targeted for completion by 2029, will cost between $2 billion and $5 billion and aims to make Senegal self-sufficient in petroleum product supply.

In Angola, the Cabinda refinery is expected to come onstream in the second half of 2025, starting with 30,000 barrels per day and scaling up to 60,000 barrels in later phases. The country’s larger Sonaref project, planned for 425,000 barrels per day by 2027, is one of Africa’s most ambitious refinery ventures. Meanwhile, Uganda’s Hoima refinery, which recently secured an implementation agreement, is inching closer to construction, though its first phase is not expected before 2028.

These new projects join Ghana’s 45,000 barrels-per-day Tema refinery, which commenced operations in 2024, and Egypt’s Midor expansion, which boosted capacity from 100,000 to 160,000 barrels per day. Combined, they represent Africa’s most determined push toward regional refining independence in decades.

While some countries are building new plants, others are battling to restore dormant or damaged facilities. In Cameroon, work is underway to reconstruct and restart the Limbe refinery, which has been offline since 2019 following a devastating fire. Ghana’s Tema refinery, long plagued by operational issues, is undergoing full maintenance and is expected to restart shortly.

In Libya, the Ras Lanuf refinery (220,000 barrels per day) remains pending restart under the National Oil Corporation, while in South Africa, the Engen refinery is being converted after a fire, and Sapref, the country’s largest refinery, remains mothballed. Elsewhere, the Ivory Coast has started constructing a new diesel unit to expand domestic and regional supply.

https://guardian.ng/energy/72-64-of-nigerias-petrol-imported-amid-rivalry-from-new-refineries/

History shows that one Daniel Kanu did more than this for Abacha

Bosman17:
But that doesn’t mean, that’s the only time the art studio is opened. I like in UK, I can decide to visit the art fair this weekend.

I know but the headline says" London Art Fair"

muyico:
Weytinz officers want take Blackwood do?? It's crimes to drinks Blackwood??

Backwood not blackwood

The last London art Fair was held in January and the next will be held in January 2026 ..So which London art Fair is this one ? Liars

Tinubu has given Tompola free hand to rule over Niger Delta oil waters so I am not surprised

Diamond098454:
DNA is not necessary any child born under your roof is yours

Getttaaaaaa

Go and buy B vitamins..jare

APCNig:
Several of those who wished Buhari death actually died before him. Just a reminder

You think I am among those scared of dying , well nothing can kill me except I want to be killed ..I am a higher being