Nigeria’s locally produced diesel drops to 2.16% of total supply in 2023

Oct. 7, 2024 - Nairametrics

Nigeria’s locally produced diesel accounted for just 2.16% of the total diesel supply in 2023, a slight decrease from the 2.

50% recorded in 2022. The growth in imports caused a further decline in the share of locally produced diesel within the total supply, emphasizing Nigeria’s dependence on imported fuel to meet domestic demand.

The drop in the share of local diesel production highlights the challenges facing Nigeria’s refining capacity. The Dangote Refinery commenced operations in March, supplying diesel and aviation jet fuel in April, and premium motor spirit (PMS) in September.

Edwin, expressed frustration over the boycott of Dangote Refinery’s products by local marketers...