Dangote Refinery Speaks on Alleged Fuel Export to Lomé, Re-Import Into Nigeria
The company said trade data and logistics costs leave no commercial basis for round-trip fuel shipments, citing $82 to $90 per metric ton in extra costs.
- On Tuesday, Dangote Petroleum Refinery denied allegations that its products are exported to Lomé, Togo, and re-imported into Nigeria, calling the claims "unsubstantiated" and "a tissue of lies."
- Dangote Refinery stated that such trade practices contradict its core objective of reducing Nigeria's dependence on imported petroleum products and undermining local refining capacity.
- Transporting products from Nigeria to Lomé and back would attract additional logistics costs estimated at between $82 and $90 per metric ton, making round-trip movements commercially unattractive.
- Contractual restrictions prohibit buyers from resale or re-importation into Nigeria, supported by strict product traceability systems including records of shipping vessels and lifting points.
- Since the outbreak of hostilities involving the United States, Israel, and Iran earlier this year, petrol prices in Nigeria have risen sharply, fueling public skepticism about pricing.
19 Articles
19 Articles
Dangote Refinery refutes claims on petrol export, re-importation
By Udeme Akpan The management of Dangote Petroleum Refinery and Petrochemicals has noted with concern the circulation of unfounded and misleading claims suggesting that its petroleum products are exported to Lomé and subsequently re-imported into Nigeria. The company said in a statement that, as a matter of policy, it does not engage with baseless allegations, but it considered it necessary to address this “deliberate misinformation”. The manage…
Dangote Refinery refutes alleged fuel export-reimport framing as illogical
Dangote Petroleum Refinery has dismissed allegations that its petroleum products are exported to Lomé, Togo, and subsequently re-imported into Nigeria, describing the act as false and inconsistent with commercial realities.
Dangote denies claims of fuel re-imports via Togo by Marketers
The management of Dangote Petroleum Refinery and Petrochemicals has denied claims by S&P Global that Nigerian marketers are re-importing the fuels it exports to the Lomé trading hub in Togo, describing the claim as “unfounded and misleading”. “Management states unequivocally that the allegation is not supported by verifiable trade data, commercial logic, or the operational realities of the Dangote refinery,” the company said in a statement. A co…
Dangote Refinery again denies alleged claims on PMS export and re-importation
By Bamidele Famoofo WorldStage– The Management of Dangote Petroleum Refinery and Petrochemicals has denied alleged claims suggesting that its petroleum products are exported to Lomé and subsequently re-imported into Nigeria. The company in a statement disclosed that it does not ordinarily engage with baseless and unsubstantiated allegations but in the interest of transparency and to set the record straight, Management considers it necessary to …
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