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Dangote Refinery exports petroleum products to ten countries
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By Kayode Sanni-Arewa
The United States of America, Spain, France, South Korea, Angola, Togo, Guinea, Belgium, Israel, and Singapore, have been listed as the top 10 importers of petroleum products from Nigeria’s $20 billion Dangote Refinery.
This is even as students across tertiary institutions in the country under the aegis of the National Association of Nigerian Students, NANS, have passed a vote of confidence on the Dangote Refinery.
However, the products that have been shipped to the countries at different times include fuel oil, gasoline, jet fuel and Naphtha, thus attracting additional foreign exchange to the nation.
In its presentation – Nigeria’s Dangote Refinery – What it Means for Trade Flows and Price Benchmarks, at a recent virtual event, obtained by Vanguard, Argus Group, United Kingdom, disclosed that the refinery has changed the direction of petroleum products trade flows between West Africa and other regions while creating many multiplier effects, including jobs.
Nigeria’s fuel importation to drop 60% to 160,000 bpd
It noted that as a result of the coming onstream of the refinery, Nigeria’s petrol importation has been projected to drop by 60 per cent to the equivalent of 160,000 barrels per day, b/d by 2025, from 400,000 b/d in 2023.
The forecast has it that Nigeria would need to import only 75,000 b/d in 2025 compared to 350,000 b/d in 2023, adding that from 2026, it will start to import more following the expected population growth and rising domestic demand.
According to Argus Group, the nation is also expected to start exporting diesel and aviation fuel from 2025, thus enhancing the inflow of additional foreign exchange into Nigeria.
It stated: “After years of anticipation, Nigeria’s 650,000 b/d Dangote refinery has been ramping up operations since the start of 2024, including loading regular refined product cargoes.
“The scale of the refining operation, in a region that has produced a lot of crude historically but refined little of it, will change global product trade flows and require new price benchmarking solutions for the West African market.
”Nigeria will go from an almost 400,000 b/d net import (short) position in 2023 to 160,000 b/d net export (long) position in 2025.
“Gasoline remains short, but the country will need to import just 75,000 b/d in 2025 compared to 350,000 b/d in 2023. From 2026 onwards net gasoline short however will start growing again and by 2040 it is forecast to be 220,000 b/d.
“Diesel flips from short to long, with the country able to export 130,000 b/d in 2025, and maintaining exports of above 100,000 b/d throughout the forecast period. Jet-kerosine surplus of around 20,000 – 30,000 b/d for most of the forecast period. But overall, by 2035, due to forecast strong demand growth, Nigeria’s total net export position is eroded, and by 2040, is 120,000 b/d net short.”
Sector gasps for continuous investment
The organization harped on the need for continuous investment in the midstream and downstream sectors, adding “West Africa’s net import position more than halves in 2025 but net short grows again from 2026 onwards and out to 2040.
”But the net import position will start rising again as soon as 2026, and then steadily increase out to 2040 at 1 million b/d, with gasoline 500,000 b/d short, diesel 300,000 b/d and jet 100,000 b/d. Dangote refinery timeline.”
NANS backs Dangote
On its part, speaking after a tour of the Refinery, NANS Senate President, Akinteye Babatunde Afiz, said: “We had a meeting on the situation in the country vis a vis the uncertainty in the oil and gas industry, especially the current fuel scarcity and we resolved to visit Dangote refinery to see things for ourselves.
“Having gone round the facility, our heart melted at the humongous size of the refinery.
“We have seen the refinery laboratory and we could see that it is world-class. We can’t allow this type of project that holds great potential for Nigeria’s economy to go down.”
Also, the Vice-President, Dangote Industries Limited, Devakumar Edwin while welcoming the student leaders to the Refinery thanked them for their concern for the facility and their resolve to stand for the truth by rejecting the monetary inducement.
He told the students that President Tinubu had intervened and commended the President for the directive for crude to be sold to Dangote Refinery in Naira currency, saying it is a good development for all Nigerians.”
We receive repeated orders — Magt
President of Dangote Group, Aliko Dangote, had revealed that Dangote Petroleum Refinery has continued to receive repeated orders for its products from all those who have purchased the same since the commencement of production. The refinery has so far exported its products to some European countries, Singapore and offshore Lome.
Speaking during a tour of both Dangote Petroleum Refinery & Petrochemicals and the Dangote Fertiliser Limited complex by members of the House of Representatives, Dangote, said: ”We produce the best diesel in Nigeria. It is disheartening that instead of safeguarding the market, the regulator is undermining it.
“Our doors are open for the regulator to conduct tests on our products anytime; transparency is paramount to us. It would be beneficial for the regulator to showcase its laboratory to the world so Nigerians can compare. Our interest is Nigeria first because if Nigeria doesn’t grow, we have limited capacity for growth.”
News
FG set to blacklist schools, publishers using unapproved textbooks from September
The Federal Government will begin blacklisting schools, authors, and publishing houses that use or distribute unapproved instructional materials starting this September.
This harsh sanction coincides with the resumption of the 2026/2027 academic session in two weeks, marking the official enforcement of an aggressive new national textbook ranking policy.
Under the new directive, standard licensing from the Nigerian Educational Research and Development Council (NERDC) no longer guarantees a textbook’s entry into classrooms.
Every instructional resource from primary to senior secondary school must now pass a rigorous national evaluation, securing a minimum score of 70% to qualify for the official national ranking.
Speaking recently with education stakeholders—including state commissioners, private school owners, and administrators—the Minister of Education, Dr. Tunji Alausa, emphasized that the policy is central to making Nigeria’s education sector globally competitive.
According to the policy statement obtained by Nigerian Tribune, the government is capping the final approved list to a maximum of six to 10 titles per subject to prevent an overcrowded market.
Once a textbook makes this elite list, it will remain standard for a minimum lifespan of three years to ensure educational stability.
While unranked textbooks are strictly banned in all public primary and secondary schools nationwide, the Federal Government strongly recommends that private institutions adopt these exact standards to maintain uniform educational quality.
News
Buhari’s minister, Sylva finally dumps APC
Ex-Minister of State for Petroleum Resources, Timipre Sylva, has dumped All Progressives Congress (APC).
His resignation was contained in a letter dated August 31, 2026, addressed and electronically transmitted to the APC Chairman of Ward 4 in Brass Local Government Area of Bayelsa State.
In the letter, Sylva accused the ruling party of abandoning the ideals on which it was founded, saying he could no longer remain in the party.
He also described the APC as a floundering ship whose fate appears irredeemable by the load of its iniquities.
The resignation letter were also sent to the National Chairman of the APC, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) and the Bayelsa State Chairman of the party.
The former Governor of Bayelsa State said his decision followed extensive consultations with his family, associates, colleagues and sympathisers.
“Having consulted widely with my family, associates, colleagues and sympathisers, I wish to formally tender my resignation from the All Progressives Congress (APC), with immediate effect,” he stated.
Sylva, who described himself as a founding member of the APC, accused the current leadership of abandoning the ideals that initially attracted him and other Nigerians to the party.
He said their actions have shown that the basic standards of morality and decency have been abandoned by the leaders who now believe that ‘all is fair in politics.’
“As a founding member of the APC, and one who joined other well-meaning Nigerians in building the Party with sweat and money, it is deeply saddening to witness how the ideals we espoused have been so thoroughly and unrecognisably thwarted.
“Moreover, I cannot, in all good conscience, continue to belong to a Party whose leaders believe that ‘all is fair in politics,’ and have consistently demonstrated that belief in practice.
“All cannot be fair in any endeavour of life. The demands of basic decency and morality forbid it,” he said.
Sylva alleged that the current APC leadership and the federal government have disappointed a lot of Nigerians.
“The present Government, formed under the banner of the APC we once loved, has disappointed the vast majority of Nigerians. And I can see neither a credible attempt nor any possibility of a revamp.
“I am therefore left with no other choice than to jettison a floundering ship whose fate appears to have been sealed by its irredeemable load of iniquities,” he said.
The former Governor called on Nigerians to vote out the APC in the 2027 elections and free the country from a political stronghold.
“I have no doubt that, in the coming election, Nigerians will vote for Nigeria and free the Country from this stranglehold on our beautiful country,” he stated.
He also accused the EFCC of conducting itself like an arm of the APC rather than an independent institution of state.
Sylva acknowledged that his resignation could expose him and his associates to increased scrutiny or investigation by the anti-graft agencies and other security forces.
“I am deliberately putting the EFCC in copy of this letter because, of late, it has conducted itself more as an organ of the APC than as an institution of State.
“I am fully aware that this action of mine may invite a redoubled witch-hunt against me and my associates, but that is a risk I am willing to take,” he stated.
News
SAD! Unknown gunmen k!ll popular comedian, Aiza in South East
Unknown gunmen have struck in Awka, the Anambra State capital, killing popular comedian Isaac Nwosu, a.k.a Aiza, and one other person.
The ace comedian, who was gunned down with the other victim on Sunday, August 30, 2026, is widely known in Awka and its environs by both residents and politicians who hired him during campaigns to promote their candidacy.
He came to limelight in the political field of Anambra State in 2003 when he threw his weight behind former Governor Peter Obi during his battle in court to return to office.
The Anambra State Police Command has condemned yesterday’s killings in the strongest terms. The Command in a statement this Monday morning by the state Police Public Relations Officer (PPRO), SP Tochukwu Ikenga, said it has intensified the ongoing manhunt for the perpetrators.
It called for the support and cooperation of members of the public to assist in bringing the suspects to justice.
According Ikenga, information gathered so far reveals that three unidentified persons, travelling in a silver-coloured Toyota Corolla, with registration number yet to be ascertained, reportedly shot two persons at separate locations within Awka.
He said: “Upon receipt of the distress information, Command operatives immediately mobilised patrol teams to the affected areas and commenced efforts to track down the assailants.
“Upon arrival at the scenes, the operatives recovered the bodies of the victims along Capital City Road, Amaenyi, and S.M. Okeke Street, Amaikwo, Awka, respectively. The victims were taken to a hospital, where they were subsequently confirmed dead by medical personnel.
“While one of the victims is yet to be identified, the second victim has been identified as Isaac Nwosu, male, also known as “Aiza.”
The operatives also recovered from the scenes the sum of N7,550, one Moniepoint ATM card and a pair of slippers”, the statement added.
Meanwhile, the Commissioner of Police in the state, CP Nnanna Oji Ama, has condemned the dastardly act and described the killings as unacceptable and a direct affront to the peace and security of the State.
He further directed the transfer of the case to the State Criminal Investigation Department (SCID), Awka, for discreet and comprehensive investigation, even as security operatives have intensified patrols, surveillance and intelligence gathering across Awka and adjoining areas.
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