- Petrol imports fall sharply to $10bn
- Dangote refinery boosts exports, FX stability
ABUJA, NIGERIA – Nigeria’s petrol import bill fell to $10 billion in 2025, signalling a major shift towards domestic refining and easing pressure on foreign exchange demand.
The decline from $14.06 billion in 2024 reflects a structural transition in Africa’s largest oil producer, as local refining capacity — led by the Dangote Refinery — begins to reshape trade flows and external balances.
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