Nigeria’s Dangote Says Fuel Output Now Exceeds Local Demand

Nigeria’s giant Dangote refinery says it now produces more gasoline and diesel than can be consumed locally, as it backed a proposal by the West African nation to impose a 15% import duty on refined products.

The refinery is now “loading 45 million liters of PMS and 25 million liters of diesel daily, which exceeds Nigeria’s demand,” Anthony Chiejina, a spokesman for the Dangote Group, said in a statement on Saturday. “This significant production capacity not only guarantees local supply, but also enhances energy security and reduces dependence on imports.”