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Headline : No evidence Dangote refinery selling refined oil products to Nigerians in US dollars

Read more from the original article on here at africacheck.org.





Tags : #evidence #dangote #refinery #selling #refined #oil #products #nigerians #us #dollars


No. of Paragraph 33

IN SHORT: On 2 April, Nigeria's Dangote refinery began supplying diesel and aviation fuel to the local market. However, claims that the company is selling its refined products locally in US dollars are not true.

Nigeria’s Dangote Petroleum Refinery has been in the news since it began producing diesel and jet fuel in January 2024. The US$20 billion private refinery in Lagos is owned by the country’s richest man, Aliko Dangote.

Designed to process Nigerian crude oil, it has a refining capacity of 650,000 barrels per day. It is hoped that it will end Nigeria’s dependence on imported petroleum products, although the country is a producer of crude oil.

The refinery began supplying petroleum products to the local market on 2 April, starting with diesel and aviation fuel.

Read more from the original article on here at africacheck.org.


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