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[BUSINESS] · Nigeria, Togo · 2 sources

Dangote Refinery refutes claims of fuel export to Togo for re‑import into Nigeria

Dangote Petroleum Refinery and Petrochemicals issued statements denying reports that its refined petroleum products are shipped to the offshore trading hub in Lomé, Togo, and then re‑imported into Nigeria. The company called the allegations "unfounded and misleading," saying they are not supported by trade data, commercial logic, or operational realities.

Dangote explained that the logistics of moving fuel from its refinery to Lomé and back would cost between US$82 and US$90 per metric tonne, eroding margins and making the trade economically unviable. All sales contracts and tender agreements expressly forbid buyers from reselling or re‑importing its products into Nigeria, and the refinery maintains detailed traceability records of shipments, counterparties and destinations. The denial follows comments by S&P Global and the Major Energies Marketers Association of Nigeria that suggested Nigerian marketers were bringing Dangote‑refined fuel back from Togo.

The refinery reaffirmed its commitment to strengthening domestic supply and reducing Nigeria’s dependence on imported petroleum products, stating there is no strategic or commercial incentive for such re‑importation.