Dangote Petroleum Refinery & Petrochemicals has achieved a major breakthrough by exporting 44,000 barrels per day of gasoline in March 2026, pushing Nigeria into net exporter status for petrol for the first time, with a surplus of about 3,000 b/d.
This milestone represents a significant shift for Africa’s largest oil producer, which had long relied on imported refined petroleum products.
Analysts say the surge in exports, driven by increased refinery output, is expected to boost foreign exchange earnings, ease pressure on the forex market, and support broader economic stability.
The development underscores Nigeria’s growing self-sufficiency in refined products and strengthens its position in the global downstream oil market.
Expanding its reach, the refinery also made its first gasoline export to East Africa, delivering a 317,000-barrel shipment to Mozambique. Another cargo is set to arrive in Beira in April, reflecting rising regional demand as buyers look beyond traditional Middle East suppliers.
Data from Kpler shows Nigeria’s gasoline imports dropped sharply to 41,000 b/d in March—the lowest level on record—while crude supply to the refinery rose to about 565,000 b/d, indicating strong production capacity and efficiency.
Experts say this shift from importer to exporter could reshape regional fuel trade and increase competition globally, particularly adding pressure to Europe’s already saturated gasoline market.
Aliko Dangote, President and Chief Executive of Dangote Industries Limited, attributed the progress to reforms under President Bola Ahmed Tinubu, noting they have helped restore investor confidence and support large-scale refining investments.
