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    Exclusion of Women in 2027 ballots threatens Nigeria’s economic productivity and investor confidence – Experts warn

    Exclusion of Women in 2027 ballots threatens Nigeria’s economic productivity and investor confidence – Experts warn

    2027 Election transparency vital for capital inflows, fiscal stability as Agbakoba, media leaders frame citizens as ‘Nigeria PLC Shareholders’

    2027 Election transparency vital for capital inflows, fiscal stability as Agbakoba, media leaders frame citizens as ‘Nigeria PLC Shareholders’

    2027 Election security strategy crucial for safeguarding Nigeria’s economic stability and foreign investment – Experts

    2027 Election security strategy crucial for safeguarding Nigeria’s economic stability and foreign investment – Experts

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: Despite huge revenue to 36 states between 2023 and 2025, education suffers declined allocation – World Bank report

    Nigeria: Services sector leads GDP growth to 3.98% in Q3 2025 

    Nigeria warns UN on unreliable data and digital trafficking networks threaten Africa’s $3trn female economy

    Nigeria begins indigenous production of attack drones in partnership with local tech firm

    Nigeria concludes legal preparations to ratify landmark UN High Seas Ocean Protection Treaty

    INEC launches nationwide PVC collection Friday as voter register hits 103 million

    Winners of 2027 election will be determined by voters, says Amupitan at GOCOP confab

    Nigeria: Minister calls for calm over diplomatic row on Trump’s military threat

    Nigeria’s economy now on stronger footing – Information Minister

    Nigeria: FG proposes national risk market, commercial dispute tribunal

    Nigeria: Petrol subsidy return could push fuel price to ₦2,000/litre, cost govt ₦20trn annually – Oyedele

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

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    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

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    Deejays disown report of Burna Boy’s music ban

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    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister pushes for school feeding, health, nutrition education in Nutrition 774 programme

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: Despite huge revenue to 36 states between 2023 and 2025, education suffers declined allocation – World Bank report

    Nigeria: UBEC finalises policy framework to unlock education investments

    Nigeria: UBEC finalises policy framework to unlock education investments

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    World Teachers’ Day: FG recommits to prioritizing teacher’s empowerment, digital innovation, collaborative learning frameworks

    Nigeria: FG moves to establish Armed Forces Medical College

    World Teachers’ Day: NUT Deputy President appeals to Minister for implementation of special teachers’ salary scale

    Nigeria: FG targets 20 million out-of-school children for intervention, says Prof. Suwaiba Ahmed

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    Nigeria: FG moves to establish Armed Forces Medical College

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    Nigeria: FG moves to establish Armed Forces Medical College

    29 Nigerian universities make 2027 Times Higher Education World University Rankings

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    Nigeria’s economy risks millions in losses as $2.45b  eye care return remains untapped

    Nigeria’s economy risks millions in losses as $2.45b  eye care return remains untapped

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    DAAR Communications announces closed period ahead of Q3 2026 financial results

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    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

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    Nigeria: FG empowers 70 digital media managers for grassroots outreach

    GOCOP mourns former President Dotun Oladipo

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    INEC woos CSOs to support in urging National Assembly to conclude Electoral Act amendment

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    GOCOP to institute Dotun Oladipo Prize for Online Journalism

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    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    Ogun seeks temporary suspension of lead ingot exports, shuts battery recycling plants in Ogijo

    Ogun sustains palliative support for public servants, allocates ₦987.185m in nine months

    Zenith Bank to launch maiden Girl-Child Empowerment Programme

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    Prophet Alex Ugochukwu predicts Peter Obi’s 2027 victory, warns of Imo ‘plane crash,’ violent transition

    High Debt Costs Trap African Capital: Nigeria demands UN global tax reform and cheaper development loans

    High Debt Costs Trap African Capital: Nigeria demands UN global tax reform and cheaper development loans

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    Nigeria: FG moves to establish Armed Forces Medical College

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    Exclusion of Women in 2027 ballots threatens Nigeria’s economic productivity and investor confidence – Experts warn

    Exclusion of Women in 2027 ballots threatens Nigeria’s economic productivity and investor confidence – Experts warn

    2027 Election transparency vital for capital inflows, fiscal stability as Agbakoba, media leaders frame citizens as ‘Nigeria PLC Shareholders’

    2027 Election transparency vital for capital inflows, fiscal stability as Agbakoba, media leaders frame citizens as ‘Nigeria PLC Shareholders’

    2027 Election security strategy crucial for safeguarding Nigeria’s economic stability and foreign investment – Experts

    2027 Election security strategy crucial for safeguarding Nigeria’s economic stability and foreign investment – Experts

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: Despite huge revenue to 36 states between 2023 and 2025, education suffers declined allocation – World Bank report

    Nigeria: Services sector leads GDP growth to 3.98% in Q3 2025 

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    Winners of 2027 election will be determined by voters, says Amupitan at GOCOP confab

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    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

    • Life
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  • Education
    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister pushes for school feeding, health, nutrition education in Nutrition 774 programme

    Nigeria: FG moves to establish Armed Forces Medical College

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    Nigeria: UBEC finalises policy framework to unlock education investments

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Home Energy

US hails Dangote Refinery as Nigeria’s petroleum exports surge by 610.13% to 561,000bpd

by OurReporters
August 25, 2026
in Energy
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Dangote Refinery links 5.6% pump prices reduction to prices drop, not FG’s 15% import tariff suspension

Dangote Refinery

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WorldStage— The Dangote Petroleum Refinery has been identified as the key driver behind seven fold increase in Nigeria’s seaborne petroleum product exports since 2023, according to the latest report by the United States Energy Information Administration (EIA).

The U.S. agency disclosed that Nigeria’s seaborne petroleum product shipments averaged 561,000 barrels per day (bpd) in the second quarter of 2026, a 610.13% increase from the annual average of 79,000 bpd recorded in 2023.

According to the EIA, the growth in exports has strengthened Nigeria’s position in the international petroleum products market at a time when supplies from several other regions have faced constraints.

The agency noted that the increase was largely underpinned by the commencement of operations at the Dangote Petroleum Refinery in January 2024. Data from energy intelligence firm Vortexa showed that of the 561,000 bpd shipped during the second quarter of 2026, about 350,000 bpd were exported, compared to an annual average of 46,000 bpd in 2023.

The EIA stated that increased production from the refinery has transformed Nigeria’s petroleum products market by reducing dependence on imports and boosting domestic supply.

“With increased supply of petroleum products from the country’s largest refinery, imports fell, exports increased, and Nigeria became more self-sufficient in refined petroleum products,” the agency said.

Before the start-up of the Dangote Refinery, Nigeria’s state-owned refineries collectively shipped less than 100,000 bpd of petroleum products, both domestically and internationally. The EIA observed that shipments rose significantly following the refinery’s commencement of operations and received a further boost after maintenance and expansion activities were completed in February 2026.

The agency explained that the refinery’s crude distillation capacity increased from 650,000 bpd to 700,000 bpd following the completion of the expansion programme, enabling higher output and greater product availability.

According to the report, total petroleum product shipments increased further as supply disruptions through the Strait of Hormuz created additional demand for alternative sources of refined products.

The EIA reported that intra-Nigerian shipments reached 211,000 bpd in the second quarter of 2026, compared with 81,000 bpd in 2025 and 33,000 bpd in 2023, reflecting the refinery’s growing role in supplying fuel across the country.

By providing refined petroleum products to different regions of Nigeria, the Dangote Refinery has significantly reduced the nation’s reliance on imported fuels. Nigeria, which imported nearly 400,000 bpd of petroleum products in 2023, saw seaborne imports decline to less than 130,000 bpd by the second quarter of 2026, according to the report.

The EIA also highlighted growing demand for Nigerian petroleum products in international markets. Vortexa data cited in the report showed that exports to Europe averaged 130,000 bpd in the second quarter of 2026, compared with 40,000 bpd in 2025 and 15,000 bpd in 2023.

The report underscores the increasing importance of the Dangote Petroleum Refinery in enhancing Nigeria’s energy security, supporting regional fuel supply, and positioning the country as a major exporter of refined petroleum products to global markets.

Recalled that Dangote Refinery has announced plans to bring an additional 700,000 barrels per day (bpd) of fully complex refining capacity on stream by the end of 2028. This would be added to its current capacity of about 700,000 bpd, potentially taking total capacity to around 1.4 million bpd. The refinery’s CEO, David Bird, said long-lead equipment has already been procured and construction contracts are being awarded

Tags: Dangote Refinery
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