Close Menu
Chronicle NG
    Trending Stories
    UEFA says Infantino's 'FIFA leadership has lost our confidence'

    UEFA says Infantino’s ‘FIFA leadership has lost our confidence’

    August 1, 2026
    Chief Olusegun Obasanjo, Atiku Abubakar and Prince Uche Secondus

    Obasanjo angry I stood against third-term agenda – Atiku

    August 1, 2026
    Richarlison scored a late equalizer to give Tottenham Hotspur a deserved draw at Liverpool as under-pressure interim coach Igor Tudor secured his first point.

    Richarlison scores winner as 10-man Tottenham beat Chelsea 2-1

    August 1, 2026
    Facebook X (Twitter) Instagram
    Trending
    • UEFA says Infantino’s ‘FIFA leadership has lost our confidence’
    • Obasanjo angry I stood against third-term agenda – Atiku
    • Richarlison scores winner as 10-man Tottenham beat Chelsea 2-1
    • Italy suspends Schengen agreement with Spain over Ceuta migrant surge
    • Army rescues abducted lieutenant colonel in Enugu
    • FIFA cancels controversial World Cup investment plan
    • Police rescue victim, arrest kidnap suspect in Kwara
    • US warns Nigerians against using AI-edited passports
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Saturday, August 1
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    African Nations turn to Dangote Refinery for fuel supply

    Opalim LiftedBy Opalim LiftedMarch 22, 2026No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Dangote Industries branded truck as the company launches a whistleblower initiative against illegal haulage activities.
    Dangote CNG trucks
    Facebook Twitter WhatsApp

    African countries are increasingly turning to the Dangote Refinery as fuel shortages deepen following supply disruptions linked to tensions in the Middle East.

    A new report by Bloomberg reveals that countries including Ghana, South Africa and Kenya are exploring petroleum imports from the Lagos-based facility owned by Aliko Dangote.

    The shift comes as many African nations struggle with reduced fuel supplies traditionally sourced from large refineries in the Persian Gulf, now affected by ongoing regional conflict.

    According to the report, the 650,000 barrels-per-day refinery — one of the largest in the world — has become a critical alternative supplier. The $20 billion project, which began operations in 2024 after years of delays and cost overruns, is still ramping up production.

    The development marks a major turning point for Nigeria, ending its long-standing reliance on exporting crude oil for refining abroad and re-importing finished products at higher costs.

    Despite rising regional demand, a significant portion of the refinery’s output will still be consumed domestically. Bloomberg estimates that about three-quarters of production will serve Nigeria’s internal fuel needs, leaving limited volumes available for export.

    • Dangote refinery hikes petrol price to N1,175/litre

    Nevertheless, interest from across the continent continues to grow. Sources say several African governments and companies have already signalled intentions to secure supply agreements with the refinery.

    However, the report cautions that the Dangote refinery alone cannot fully bridge Africa’s fuel supply gap. Many countries also lack sufficient strategic reserves to cushion prolonged shortages.

    Some nations are already taking precautionary measures. For instance, Ethiopia has urged citizens to conserve fuel while prioritising public transport, and South African firms are preparing contingency plans to sustain operations.

    Analysts say the scramble for fuel could significantly boost Dangote’s revenues, positioning the refinery as a key player in Africa’s energy security landscape.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Chief Olusegun Obasanjo, Atiku Abubakar and Prince Uche Secondus

    Obasanjo angry I stood against third-term agenda – Atiku

    Migrants wade into Spain's North African enclave of Ceuta after crossing from Morocco as security forces monitor the border.

    Italy suspends Schengen agreement with Spain over Ceuta migrant surge

    Army rescues abducted lieutenant colonel in Enugu

    Army rescues abducted lieutenant colonel in Enugu

    Police nab 50-year-old man for defiling two minors in Rivers

    Police rescue victim, arrest kidnap suspect in Kwara

    US revokes passports of citizens owing over $2,500 in child support

    US warns Nigerians against using AI-edited passports

    Obasanjo blows hot, calls Atiku 'my biggest mistake'

    Obasanjo blows hot, calls Atiku ‘my biggest mistake’

    Add A Comment

    Comments are closed.

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    UEFA says Infantino's 'FIFA leadership has lost our confidence'

    UEFA says Infantino’s ‘FIFA leadership has lost our confidence’

    August 1, 2026
    Chief Olusegun Obasanjo, Atiku Abubakar and Prince Uche Secondus

    Obasanjo angry I stood against third-term agenda – Atiku

    August 1, 2026
    Richarlison scored a late equalizer to give Tottenham Hotspur a deserved draw at Liverpool as under-pressure interim coach Igor Tudor secured his first point.

    Richarlison scores winner as 10-man Tottenham beat Chelsea 2-1

    August 1, 2026
    Migrants wade into Spain's North African enclave of Ceuta after crossing from Morocco as security forces monitor the border.

    Italy suspends Schengen agreement with Spain over Ceuta migrant surge

    August 1, 2026
    Army rescues abducted lieutenant colonel in Enugu

    Army rescues abducted lieutenant colonel in Enugu

    August 1, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.