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Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output - Politics - Nairaland

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Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by adenigga(op): 6:24pm On Oct 24, 2025
Despite increased refining capacity, Nigeria imported 69 per cent of the 21 billion litres of petrol it consumed between August 2024 and the first 10 days of October 2025, according to data from the NMDPRA, DARE OLAWIN reports

Nigeria imported about 15.01 billion litres of Premium Motor Spirit (petrol) between August 2024 and the first 10 days of October 2025, representing nearly 69 per cent of the total national petrol supply during the 15-month period. This is despite the fact that the Dangote refinery started petrol production in September 2024.

Figures from the Nigerian Midstream and Downstream Petroleum Regulatory Authority show that total PMS supply for the period stood at 21.68 billion litres, with 6.67 billion litres, or 31 per cent, coming from domestic refining. The data, titled Import vs Domestic Supply Performance (PMS Daily Average Supply – August 2024 to October 2025), captured supply trends over 15 months, highlighting the gradual rise in local production and a corresponding drop in imports.

According to the breakdown, imported petrol averaged 44.60 million litres per day in August 2024 and rose to 54.30 million litres per day in September 2024, marking the peak of import dependence during the period. This was a time when the Dangote refinery began PMS supply to the local market.

It was noted that imports began to decline steadily, falling to 24.15 million litres per day by January 2025, 19.26 million litres per day in September 2025, and 15.11 million litres per day within the first 10 days of October 2025.

The decline in petrol imports showed that the Dangote refinery is gradually taking a significant share of the market, but this comes with stiff competition from petrol importers, who repeatedly accused Aliko Dangote of stifling competitors with consistent price reductions.

As domestic refining grew consistently through the period, local production, which stood at 6.43 million litres per day in September 2024, increased to 22.66 million litres per day in January 2025 before stabilising around 20 million litres per day in subsequent months. By October 2025, the Dangote refinery was producing an average of 18.93 million litres per day, exceeding imports for that month.

The data also showed notable supply fluctuations across the months as total daily PMS supply peaked at 60.73 million litres in September 2024 before dropping to 44.08 million litres in April 2025 and further to 34.04 million litres by October 2025. The variations reflected shifts in both import availability and refinery operations.

This is an indication that daily consumption has dropped significantly from an average of 60.73 million litres per day in September 2024 to 51.57 million litres in July 2025, 41.86 million in August, 34.86 million in September and 34.04 million per day in the first 10 days of October 2025.

Recall that the Federal Government totally deregulated the petrol sector in September last year, stopping the controversial fuel subsidies which the Nigerian National Petroleum Company Limited was paying on imported petrol.

A month-by-month analysis revealed that the highest domestic output was recorded in January 2025, with a daily average of 22.66 million litres, while the lowest was in August 2024, when no local production was recorded because Dangote had yet to commence production at that time.

The highest total supply was in September 2024 at 60.73 million litres per day, followed by October and November 2024, when total daily supply averaged 56.01 and 55.75 million litres, respectively. By the end of the review period, cumulative petrol imports had reached 15,009.85 million litres, while domestic production amounted to 6,672.44 million litres, giving a combined total of 21,682.29 million litres supplied over the 445 days between August 2024 and October 1-10, 2025.

The figures underline the ongoing transition in Nigeria’s petrol supply structure, showing a gradual but measurable increase in the contribution of domestic refining. However, the data also confirmed that imports continued to dominate the national supply mix for most of the period.

It could be recalled that while marketers insisted on importation, the Dangote refinery has been exporting petrol to other countries, including the United States. The 650,000 refinery has consistently boasted of its capacity to meet local fuel demands while exporting to foreign countries.

Aliko Dangote’s plan for building the refinery was to end Nigeria’s dependence on imported fuel despite being an oil-producing nation. However, marketers have continued to import petrol into Nigeria, competing heavily with the refinery.

Recently, the Dangote refinery challenged marketers to bring their trucks for fuel loading, boasting that it has over 310 million litres of petrol in its ranks. The Vice President of the Dangote Group, Devakumar Edwin, stated that marketers were allowed to bring any trucks for loading at the gantry, as the refinery had enough fuel for the local market and for exports.

“I have more than 310 million litres of PMS as of today inside my tanks, apart from the production which is coming out every day. Bring your tankers. We will load. Any number of tankers you bring, we’ll load. It’s a challenge I’m throwing today. No one can come and tell me I’m not loading. We can load any number of tankers you bring. So, you can see whether I have the capacity to produce or not. We have more than 310 million litres as of now,” he stressed.

The Dangote refinery had in September exported more fuel to foreign nations when Saudi Aramco and others in the Middle East Gulf closed refineries for maintenance.

A senior officer at the Dangote refinery told our correspondent that the $20bn Lekki-based plant exported large volumes of Premium Motor Spirit (petrol), aviation fuel, and diesel to other countries in August.

The official, who spoke in confidence as he was not authorised to speak with the press, said, “We export PMS, diesel and aviation fuel.”

Our correspondent gathered that the Dangote refinery had supplied two long-range cargoes of fuel to the Mideast Gulf region between June and July. According to Argus Media, a heavy refinery turnaround season in the Mideast Gulf was expected to exacerbate an already tight gasoline market in the fourth quarter, prompting key regional suppliers to boost imports.

In February, the Dangote refinery said it sold two cargoes of aviation fuel to Saudi Aramco. Aliko Dangote announced that the refinery achieved a significant milestone by successfully exporting the two cargoes of jet fuel to Saudi Aramco, the world’s largest oil producer.

Dangote said the refinery was reaching the ambitious goals it set for itself as it ramps up production.

“We are reaching the ambitious goals we set for ourselves, and I’m pleased to announce that we’ve just sold two cargoes of jet fuel to Saudi Aramco,” he said in February, adding that since its production began in 2024, the refinery has steadily increased its output.

Some months ago, he disclosed that the oil refinery had begun exporting PMS to other countries of the world. According to him, between June and July 2025, the refinery exported up to one million tonnes of petrol.

“Today, Nigeria has actually become a net exporter of refined products. From the beginning of June to date (July 22), we have exported about one million tonnes of PMS within the last 50 days,” he said.

The NMDPRA also testified that the Dangote refinery supplies an average of 20 million litres of petrol into the local market.

“Without a shadow of a doubt, the operation of the 650,000-barrel-per-day Dangote refinery has changed the supply dynamics, with an average daily contribution of up to 20 million litres, undoubtedly with potential for a future ramp-up,” NMDPRA Chief Executive, Farouk Ahmed, said recently in Lagos.

The data underscores Nigeria’s ongoing transition from heavy reliance on imported petrol to a more balanced supply structure driven by domestic refining. While the country still depends significantly on foreign fuel, the steady growth in local production, particularly from the Dangote refinery, signals a gradual shift toward self-sufficiency.

However, the competition between importers and the refinery, coupled with market pricing challenges, suggests that achieving full local dominance will take time. With refining capacity expanding and consumption patterns adjusting, Nigeria appears to be entering a new phase in its downstream petroleum landscape, one defined by increased domestic output, reduced imports, and the potential to finally end decades of fuel dependence.
https://punchng.com/nigeria-imports-15bn-litres-of-petrol-despite-dangote-refinery-output

Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by chatinent:
I have a story to tell about a tortoise.

This Tortoise, though small and slow, was the cleverest and the most greedy creature in the whole land. He wasn't happy just owning all the finest and even controlling the major city in his community with his pawns in key areas; he wanted to own your very breath!

The name of this tortoise is Iroko.

Iroko looked at the poor farmers and market women and said, "You all look too happy! I think you should give me a new, heavier tax!" So he made the government start over-taxing every single person, even on the smallest things they bought.


His most famous big trick, though, was the one he played with Petrol. He had earlier made his predecessors the Minister of Petrol in the animal kingdom because he had plans of chairing that seat someday so it won't look new when he came.

Listen closely: The Tortoise's own community has the biggest pond of petrol in the whole village! But he stands up and says, "Oh, my people, we must import this fuel from far away because we don't have enough!" Yet, the truth, whispered by the wind, is that he has a big, secret factory—a refinery—in a place called Maltarata. Let's call it Malta for short.


The wicked Tortoise takes the petrol from his community's pond at a very, very cheap price, sends it to his own factory in Malta, cleans it up, and then sells it back to the community at a very high price!
He then snatched the fuel money—the Subsidy—away, claiming the cost was too much for the village to bear. The cost of everything shot to the moon! He promised to show everyone the big pile of money he saved, but that money has simply disappeared, leaving no accountability at all.


Should we blame the rat? Or the pigs? Where are the cows?

Just like the many whispers about his own great wealth, which has no honest beginning, only old tales of corruption and big money bags forfeited in a foreign court long ago. And when it was time for the whole land to pick a new ruler, the Tortoise, using his long, clever neck, worked a kind of rigging so smart it was foolish, ensuring his own children and friends got the best roles?

The villagers demanded for accountability. But he asked them if they will eat statistics..."na statistics we go chop?"

And since then, nothing happened to the tortoise. Every good thing that could ever happen went into oblivion because Lucifer was cast into the earth.

What did you learn from this tales by moonlight?

Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by Brendaniel: 10:31pm On Oct 24, 2025
The petroleum scam Tinubu and APC sold to their supporters...
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by Saturnalia(m): 10:32pm On Oct 24, 2025
Let me tell you, even if Jesus Christ comes down to govern Nigeria, things will still not work.

Obasanjo was the first person to make that observation. As you are bringing one solution, 2000 new problems are springing up in different direction.

The root of Nigeria’s problems is entrenched from here to Kilimanjaro.
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by Racoon(m): 10:39pm On Oct 24, 2025
They love the subsidy corruption that they don't care if the nation is dead from it. Meanwhile, the stupid lies of the refineries working is still being brought to the fore.
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by id4sho(m): 10:42pm On Oct 24, 2025
yall know why oando stocks get as e b, tinubu will finish nigeria kpatakpata
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by Efuaye(m): 10:43pm On Oct 24, 2025
Those cartels in the oil sector will never allow Nigeria to move forward.
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by themanderon: 10:50pm On Oct 24, 2025
Saturnalia:
Let me tell you, even if Jesus Christ comes down to govern Nigeria, things will still not work.

Obasanjo was the first person to make that observation. As you are bringing one solution, 2000 new problems are springing up in different direction.

The root of Nigeria’s problems is entrenched from here to Kilimanjaro.
Just like one of my lecturer said many years ago. He said wonderful policies that work wonderfully well in other countries begin to fail from the first day it's implemented in Nigeria and he asked us why is that so? Till today I have never forgotten that question because it's still happening many years after he asked us the question.
If you take all the citizens of America and drop them here and take Nigerians to America, within a few years Nigeria will become the new America and America will degrade back to Nigeria. That's the way it is. We are a very complicated bunch of humans ever created by God.
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by iwaeda: 10:52pm On Oct 24, 2025
Truth is that NNPCL is still importing, but we are all praising only refinery. Let's be playing. grin grin grin angry
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by tragergeorge(m): 10:53pm On Oct 24, 2025
Dangote de produce
Dangote de export
una de import
that means y'all gaining
e get wetin una de get from the importation
subsidy Na SCRA
cos elections Tinubu no wan offend Anyone
make everyone do wetin them like as long as they aligne with him
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by Disenfranchised: 10:54pm On Oct 24, 2025
Saturnalia:
Let me tell you, even if Jesus Christ comes down to govern Nigeria, things will still not work.

Obasanjo was the first person to make that observation. As you are bringing one solution, 2000 new problems are springing up in different direction.

The root of Nigeria’s problems is entrenched from here to Kilimanjaro.
See if PO handle this country he no work. I go give up. Until then Sha!!
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by bcomputer101: 10:58pm On Oct 24, 2025
I was shocked when I read Dangote wanted to sell his refinery


Now I can see
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by wallrichy: 11:01pm On Oct 24, 2025
Lie lie....maybe they meant a Nigerian imported such fuel to Niger and Benin Republic at that cost....We are all Dangoterized in our fuel buying.


quote author=adenigga post=137235498]





https://punchng.com/nigeria-imports-15bn-litres-of-petrol-despite-dangote-refinery-output[/quote]
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by FarahAideed: 11:01pm On Oct 24, 2025
Nigeria would save 9 billion dollars worth of forex which will take 9 billions dollars worth of pressure of the weak Naira if the govt will stop its cronies from importing petrol .... These are some of the self centered actions that greatly weakened the Naira ..they rushed to remove subsidy so they could protect the profits of these importers
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by Natbrowny: 11:02pm On Oct 24, 2025
If dem explain Nigeria give you in a scientific way, in lay mans terms, in a psychological form, or any other form.

You no fit understand. Dont stress ursef
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by FarahAideed: 11:03pm On Oct 24, 2025
tragergeorge:
Dangote de produce
Dangote de export
una de import
that means y'all gaining
e get wetin una de get from the importation
subsidy Na SCRA
cos elections Tinubu no wan offend Anyone
make everyone do wetin them like as long as they aligne with him
So you don't know he is the one importing ko ?
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by Zocalite: 11:12pm On Oct 24, 2025
Lamba!!

Which marketer will love importation more than local source

When it's not that they will write foreign fuel and local fuel at filling station

........

The main way to get free FX is to say you wan import petrol

Do voodoo invoice
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by MartinCorridon: 11:17pm On Oct 24, 2025
Disenfranchised:
See if PO handle this country he no work. I go give up. Until then Sha!!
Why did he leave Anambra like this....? grin

Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by WhizdomXX(m):
Dangote's 650,000 barrels per day * 365 days=
237.25 million barrels* 73 (for petrol)= 17.32 billion liters . If demand is 35,000,000 daily = 12.78 billion liters yearly, it is more than it.
If 21 billion is supply for 14 1/3 months, then the annual supply should be 21.68/ 14 1/3 *12 = 18.16 barrels. If we add the output from the modular refineries it should support the 17.32 Dangote produces to beat the yearly supply. So we need not import unless when necessary but allow the refinery function at full capacity, and baba is even looking at taking it to 1.4mbpd soon.
LaIabobo:
one barrel of crude oil can produce over 70 lirees of petrol
Yes it's 73. Thank you. Was updating my calculations.
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by WelcomeToBiafra: 11:26pm On Oct 24, 2025
These politicians owned private refineries outside Nigeria, Britain Royal Nigger Refineries... Federal Republic of Nigeria is a big scam....
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by WhizdomXX(m): 11:28pm On Oct 24, 2025
themanderon:
Just like one of my lecturer said many years ago. He said wonderful policies that work wonderfully well in other countries begin to fail from the first day it's implemented in Nigeria and he asked us why is that so? Till today I have never forgotten that question because it's still happening many years after he asked us the question.
If you take all the citizens of America and drop them here and take Nigerians to America, within a few years Nigeria will become the new America and America will degrade back to Nigeria. That's the way it is. We are a very complicated bunch of humans ever created by God.
Una don start. Why are Nigerians then making it abroad and Countries are prospering from their intellect?
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by WhizdomXX(m): 11:29pm On Oct 24, 2025
Saturnalia:
Let me tell you, even if Jesus Christ comes down to govern Nigeria, things will still not work.

Obasanjo was the first person to make that observation. As you are bringing one solution, 2000 new problems are springing up in different direction.

The root of Nigeria’s problems is entrenched from here to Kilimanjaro.
We play too much as Christians.
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by WhizdomXX(m): 11:31pm On Oct 24, 2025
chatinent:
I have a story to tell about a tortoise.

This Tortoise, though small and slow, was the cleverest and the most greedy creature in the whole land. He wasn't happy just owning all the finest and even controlling the major city in his community with his pawns in key areas; he wanted to own your very breath!

The name of this tortoise is Iroko.

Iroko looked at the poor farmers and market women and said, "You all look too happy! I think you should give me a new, heavier tax!" So he made the government start over-taxing every single person, even on the smallest things they bought.


His most famous big trick, though, was the one he played with Petrol. He had earlier made his predecessors the Minister of Petrol in the animal kingdom because he had plans of chairing that seat someday so it won't look new when he came.

Listen closely: The Tortoise's own community has the biggest pond of petrol in the whole village! But he stands up and says, "Oh, my people, we must import this fuel from far away because we don't have enough!" Yet, the truth, whispered by the wind, is that he has a big, secret factory—a refinery—in a place called Maltarata. Let's call it Malta for short.


The wicked Tortoise takes the petrol from his community's pond at a very, very cheap price, sends it to his own factory in Malta, cleans it up, and then sells it back to the community at a very high price!
He then snatched the fuel money—the Subsidy—away, claiming the cost was too much for the village to bear. The cost of everything shot to the moon! He promised to show everyone the big pile of money he saved, but that money has simply disappeared, leaving no accountability at all.


Should we blame the rat? Or the pigs? Where are the cows?

Just like the many whispers about his own great wealth, which has no honest beginning, only old tales of corruption and big money bags forfeited in a foreign court long ago. And when it was time for the whole land to pick a new ruler, the Tortoise, using his long, clever neck, worked a kind of rigging so smart it was foolish, ensuring his own children and friends got the best roles?

The villagers demanded for accountability. But he asked them if they will eat statistics..."na statistics we go chop?"

And since then, nothing happened to the tortoise. Every good thing that could ever happen went into oblivion because Lucifer was cast into the earth.

What did you learn from this tales by moonlight?
That it is indeed a moonlight tale.
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by LaIabobo: 11:32pm On Oct 24, 2025
And dangote refinery exports petrol 😂😂😂. This country ehn na joke.

Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by LaIabobo: 11:35pm On Oct 24, 2025
WhizdomXX:
Dangote's 650,000 barrels per day * 365 days=
237.25 million barrels , that's less than 2% of the yearly demand.
just one barrel of crude oil can produce 72 litres of petrol, 48 litres of diesel and 20 litres of kerosene.

Nigeria needs around 35million litres of petrol daily. Do the maths. Even if we import it should be minimal.
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by Buccalcavity2: 11:45pm On Oct 24, 2025
Clearly. Nobody read the article! It shows that there's a steady decline in importation and steady increase in local production. So the country has become a net exporter of the product.
It's all positive!
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by OOOKEWALE: 11:57pm On Oct 24, 2025
Buccalcavity2:
Clearly. Nobody read the article! It shows that there's a steady decline in importation and steady increase in local production. So the country has become a net exporter of the product.
It's all positive!
Literacy is not equivalent to education. Most Nigerians read the title and jump into silly conclusions.
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by WhizdomXX(m): 12:25am On Oct 25, 2025
Buccalcavity2:
Clearly. Nobody read the article! It shows that there's a steady decline in importation and steady increase in local production. So the country has become a net exporter of the product.
It's all positive!
I read the article. Two things stood out for me, Dangote is not producing at up to 50% of installed capacity. He is exporting outside when demand is still available in Nigeria.
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by zero8zero(m): 12:39am On Oct 25, 2025
chatinent:
I have a story to tell about a tortoise.

[/b]
LaIabobo:
And dangote refinery exports petrol 😂😂😂. This country ehn na joke.
WelcomeToBiafra:
These politicians owned private refineries outside Nigeria, Britain Royal Nigger Refineries... Federal Republic of Nigeria is a big scam....
Natbrowny:
If dem explain Nigeria give you in a scientific way, in lay mans terms, in a psychological form, or any other form.

You no fit understand. Dont stress ursef
FarahAideed:
Nigeria would save 9 billion dollars worth of forex which will take 9 billions dollars worth of pressure of the weak Naira if the govt will stop its cronies from importing petrol .... These are some of the self centered actions that greatly weakened the Naira ..they rushed to remove subsidy so they could protect the profits of these importers
Disenfranchised:
See if PO handle this country he no work. I go give up. Until then Sha!!
id4sho:
yall know why oando stocks get as e b, tinubu will finish nigeria kpatakpata
themanderon:
Just like one of my lecturer said many years ago. He said wonderful policies that work wonderfully well in other countries begin to fail from the first day it's implemented in Nigeria and he asked us why is that so? Till today I have never forgotten that question because it's still happening many years after he asked us the question.
If you take all the citizens of America and drop them here and take Nigerians to America, within a few years Nigeria will become the new America and America will degrade back to Nigeria. That's the way it is. We are a very complicated bunch of humans ever created by God.
tragergeorge:
Dangote de produce
Dangote de export
una de import
that means y'all gaining
e get wetin una de get from the importation
subsidy Na SCRA
cos elections Tinubu no wan offend Anyone
make everyone do wetin them like as long as they aligne with him
Efuaye:
Those cartels in the oil sector will never allow Nigeria to move forward.
adenigga:
https://punchng.com/nigeria-imports-15bn-litres-of-petrol-despite-dangote-refinery-output
Brendaniel:
The petroleum scam Tinubu and APC sold to their supporters...
Racoon:
They love the subsidy corruption that they don't care if the nation is dead from it. Meanwhile, the stupid lies of the refineries working is still being brought to the fore.
iwaeda:
Truth is that NNPCL is still importing, but we are all praising only refinery. Let's be playing. grin grin grin angry
When they say Nigeria produces high rate of educated illiterates, e get why. When all they do is to only read the headlines and react while exposing their mental capacity. From the article, what they wrote below flew over your heads?

It was noted that imports began to decline steadily, falling to 24.15 million litres per day by January 2025, 19.26 million litres per day in September 2025, and 15.11 million litres per day within the first 10 days of October 2025.

The decline in petrol imports showed that the Dangote refinery is gradually taking a significant share of the market, but this comes with stiff competition from petrol importers, who repeatedly accused Aliko Dangote of stifling competitors with consistent price reductions.
Re: Nigeria Imports 15 Billion Litres Of Petrol Despite Dangote Refinery Output by hotseat: 2:35am On Oct 25, 2025
Fellow compatriots, you all can now attest to the fact as to why the cabals in the petroleum industry are consistently and constantly fighting with the Dangote Refinery due to their unimaginable unpatriotism and unbridled selfishness in order to continue with the status quo.

For decades, they held hapless Nigerians by the jugular, indifferent to their plight and sufferings as they continued to import fuel while maintaining the subsidy regime.

The emergence of the Dangote Refinery was therefore a terrible blow to their insatiable greed and had vowed to resist the multi-billion dollar company.

With the cabals, little wonder why all of Nigeria's 4 refineries have never worked as they continued to sabotage operations despite humongous sums spent on several turn around maintenances.

These are the same people who falsely accuse Dangote of being a "monopolist" whereas they are the real economic saboteurs.

The FG must put its foot down in order to checkmate these criminals in the petroleum industry if Nigeria is to move forward.

Self-sufficiency in domestic production is capable of bringing down prices of not just petroleum products but also the price of goods and services in the country.

It could also lead to a gradual shoring up the value of our currency - the Naira.

PENGASSAN and her affiliates are the faces of the cabals in the petroleum industry through which they continue to milk our scare resources dry.





@hotseat
1 2 Reply

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