The Dangote Petroleum Refinery and Petrochemicals has publicly refuted claims that it exports fuel to Togo only to have those same products re-imported into Nigeria. Management labeled these reports as false, stating they lack any operational or economic justification.
In an official statement, the company noted that these rumors are entirely unsupported by actual trade data. They emphasized that their primary mission is to bolster domestic fuel supply. Any strategy involving the re-importation of their own fuel would directly contradict their core business goals.
The refinery highlighted the logistical costs associated with such a scheme, estimating that transporting products to Lomé and back would add between $82 and $90 per metric tonne. They argued that these excessive expenses would destroy profit margins, making the practice irrational for any business owner. Furthermore, their sales contracts explicitly forbid the resale or re-importation of their products into the Nigerian market.
To ensure full accountability, the company maintains strict traceability measures for all products, including detailed records of vessels and final destinations. By maintaining these high compliance standards, they continue to focus on their goal of reducing Nigeria’s reliance on foreign petroleum products and supporting national energy security.
