OPEC Acknowledges Dangote Refinery's Impact on Nigeria's Fuel Imports скачать в хорошем качестве

OPEC Acknowledges Dangote Refinery's Impact on Nigeria's Fuel Imports

OPEC's January 2025 Monthly Oil Market Report confirms that Nigeria's dependency on imported refined products has significantly decreased, thanks to the Dangote Refinery. Since commencing operations in December 2023, this $20 billion facility has transformed Nigeria's fuel landscape by processing 350,000 barrels daily and aiming for 650,000 barrels by late 2025. The discussions feature insights from Gbolahan Olojede, a developmental economist, and Abiodun Kayode Alli, Senior Manager at PwC Nigeria. They address how the refinery has impacted Nigeria's fuel import dependency, the challenges it poses for international gasoline markets, and the potential effects on Nigeria's trade balance and foreign exchange reserves. As the country navigates its energy security and strives for self-sufficiency, the Dangote Refinery marks a pivotal shift for Africa's largest economy. \SUBSCRIBE to our YouTube channel:    / newscentraltvafrica   for more videos Follow News Central on: Facebook:   / newscentralafrica   Twitter:   / newscentraltv   Instagram:   / newscentraltv   LinkedIn:   / feed   Threads: https://www.threads.net/@newscentraltv TikTok:   / newscentraltv   For more content, go to: https://newscentral.africa #NewsCentral #Nigeria #Politics #AfricaFirst #Africa #News #WestAfrica #ECOWAS #Government #Governance