Dangote Petroleum Refinery has dismissed reports alleging that fuel refined at its facility is exported to Togo and later brought back into Nigeria.
The company described the claim as false and lacking any commercial or economic basis, insisting that such an arrangement would go against its business interests and operational objectives.
In a statement released on its official X account, the refinery said it was compelled to address the allegation despite its usual policy of ignoring what it called unverified claims.
“The allegation does not align with trade realities, commercial logic, or our business objectives.”
According to the company, one of its major goals is to remain a leading supplier of petroleum products within Nigeria, making it illogical to support any activity that would encourage competing imports.
The refinery also disclosed that its contracts contain provisions that prohibit buyers from reselling or re-importing products into the Nigerian market.
Dangote further argued that the cost of transporting fuel to Lomé and then back into Nigeria would make such transactions financially unattractive.
The company estimated that the logistics expenses involved would significantly reduce profit margins and offer no meaningful commercial advantage.
It also stressed that detailed records are kept for all product sales, including information about buyers, vessels and destinations, making it easier to track product movements.
The refinery maintained that it has consistently supported efforts to reduce Nigeria’s dependence on imported fuel and promote local refining capacity.
According to the management, encouraging fuel imports would contradict its long-standing position on strengthening domestic production and achieving energy self-sufficiency.
The company concluded that there is no strategic, economic or operational reason for it to export fuel to neighbouring countries only for the same products to return to Nigeria.
Source: Dangote Petroleum Refinery
