By Atoyebi Nike
The Dangote Refinery plans to completely phase out crude oil imports and switch to 100% Nigerian crude by December 2025, as contracts with foreign suppliers near expiration.
According to Bloomberg, about 53% of crude processed in June came from local producers. The refinery, which currently processes 550,000 barrels per day, previously relied heavily on imports from the U.S., Brazil, Angola, and others.
Devakumar Edwin, Vice President at Dangote Industries, said the refinery expects a full transition by year-end, aided by improved cooperation with local traders and the government.
The shift comes amid challenges such as pipeline vandalism and opposition from oil producers to the Domestic Crude Supply Obligations directive. Still, with new cargo allocations from NNPC Ltd., the refinery is on track to meet its goal and help Nigeria become a net exporter of refined fuel.
