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Dangote Refinery in Nigeria slashes fuel prices, threatening imports and highlighting domestic supply issues.
In Nigeria, the Dangote Refinery, set to reach full capacity in 30 days, is significantly undercutting imported fuel prices, causing a 50% drop in sales at NNPC-affiliated stations and prompting calls for an end to fuel imports.
Local refineries, however, face challenges due to a lack of crude oil supply from producers.
Experts urge the government to prioritize domestic refining, but issues persist with crude allocation, complicating the transition to self-sufficiency.
2 months ago
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