Thanks to Dangote, Nigeria, which imports almost all of its fuel will be self-sufficient by 2023

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The Petroleum Minister, Timipre Sylva, stated that Nigeria will stop oil imports in 2023, even if officials did not call the primary reason, it all shows that the country is self-sufficient in refined petroleum products thanks to the large refineries of Africa’s richest man, Such alternatives allow Nigeria to achieve this.

Nigeria, long the largest African oil producer, fell to third place last October behind Libya and Angola, ironically becoming one of the continent’s largest importers of refined petroleum products. rice field. This is due to the lack of functioning refineries in the country. In fact, if the Nigerian government has four refineries, almost all of them will be shut down.

Despite being a major crude oil producer, Nigeria currently imports almost all the refined petroleum products it needs (gasoline, diesel, kerosene, lubricants, etc.). And the computation is heavy, very heavy. For example, her import value of petroleum products in 2021 is US$9.6 billion, about 20% of the country’s total import value of US$50 billion.

Nour el Houda Bouzammour

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