Despite being one of Africa’s top oil producers, Nigeria remains heavily reliant on imported petrol. Even with increased domestic refining capacity driven by the Dangote Refinery, over half of the country’s fuel consumption is still sourced from abroad. This mismatch is raising renewed concerns about supply chains, pricing pressures, and the pace of Nigeria’s transition to cleaner energy.
Wednesday, January 28, 2026
Nigeria’s oil demand-supply imbalance raises questions about energy transition
Despite being one of Africa’s top oil producers, Nigeria remains heavily reliant on imported petrol. Even with increased domestic refining capacity driven by the Dangote Refinery, over half of the country’s fuel consumption is still sourced from abroad. This mismatch is raising renewed concerns about supply chains, pricing pressures, and the pace of Nigeria’s transition to cleaner energy.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment