In a game-changing moment for Nigeria’s energy sector, Dangote Petroleum Refinery & Petrochemicals exported 44,000 barrels per day (b/d) of gasoline in March 2026.
This milestone flipped the script, turning Africa’s top oil producer into a net petrol exporter for the first time, with a surplus of about 3,000 b/d that month.
The company’s press statement highlights how surging output from the refinery ends decades of heavy reliance on imported fuels.
These exports promise a flood of fresh foreign exchange, easing strains on Nigeria’s forex market and bolstering economic stability, the statement noted.
“The March export milestone underscores Nigeria’s accelerating progress toward self-sufficiency in refined petroleum products and strengthens its ambition to become a competitive supplier in the global downstream energy market,” the statement says.
It continues: “In a significant expansion of its international footprint, the Dangote Refinery also exported gasoline to East Africa for the first time, delivering a 317,000‑barrel cargo to Mozambique. The shipment reflects growing regional demand as East African buyers diversify supply sources away from the Middle East Gulf amid ongoing supply disruptions. A further gasoline cargo from the refinery is scheduled for delivery to Beira, Mozambique, in April.
“Supporting data from market intelligence firm Kpler showed that Nigeria’s gasoline imports fell sharply to 41,000 b/d in March, the lowest level ever recorded. At the same time, crude oil supply to the Dangote facility climbed to approximately 565,000 b/d, the second-highest intake since the 650,000 b/d-capacity refinery began operations in late 2023. The figures point to strong processing rates and rising product yields across the complex.”
The state also maintains that “Nigeria’s transition from a major gasoline importer to an exporter is poised to reshape regional trade flows and intensify competition in global fuel markets. The development is also expected to add pressure to Europe’s already oversupplied gasoline market as Nigeria increasingly competes with traditional suppliers.”
Commenting on the broader economic implications, President and Chief Executive of Dangote Industries Limited, Aliko Dangote, recently credited President Bola Ahmed Tinubu’s economic and energy sector reforms for restoring investor confidence and creating the policy environment necessary for large-scale investments in domestic refining.
“With rising output, expanding export markets, and declining imports, the Dangote Refinery’s performance signals a turning point for Nigeria’s energy sector, one that promises stronger forex earnings, improved energy security, and a more influential role for the country in global petroleum product trade,” the statement concludes.
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