We Import Petrol While Exporting Crude: A Masterclass in Economic Self-Sabotage

We Import Petrol While Exporting Crude: A Masterclass in Economic Self-Sabotage

On Monday, January 12, 2026, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) released its latest performance data, revealing a bittersweet reality. Nigeria averaged 1.64 million barrels per day (mbpd) of crude oil and condensates throughout 2025. While this shows a slight stabilization compared to previous years of rampant oil theft, it remains well below the…

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Dangote Refinery

Logistics Charges: Dangote Refinery Prioritizes Gantry Loading to Reduce Cost

The Dangote Petroleum Refinery has officially pivoted toward truck-based gantry loading to minimize rising coastal delivery costs. Management currently identifies a significant seventy-five naira per litre surcharge associated with traditional sea-based distribution methods. This strategic shift aims to insulate the Nigerian consumer from avoidable expenses embedded in the maritime logistics chain. The facility possesses the…

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