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Importing

Dangote: Importing Fuel from Togo Cheaper than Refining Locally

The Unfolding Crisis in Nigeria's Oil Market: A Deep Dive into Dangote's Concerns In a candid discussion that has sent ripples through Nigeria's oil sector, Aliko Dangote, a titan in the industry, has pointedly criticized the nation’s port infrastructure and the financial burdens faced by local oil marketers. He revealed a startling reality: it is now more cost-efficient for marketers to obtain refined petroleum products from offshore depots in neighboring countries, such as Togo, than to source them from the Lekki-based…

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