How oil marketers and others imported N3.3 trillion petrol in 2024

• Nigeria imported an equivalent of N3.3 trillion worth of petrol in the fourth quarter of last year, showing a continued dependence on imports
• Data from NBS revealed that petrol imports accounted for most of Nigeria’s traded products in 2024
• The petrol imports happened despite Nigeria’s increased petroleum product refining by Dangote, Port Harcourt, and Warri refineries

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

Nigeria’s petrol imports have continued without abating despite the rise in the country’s refining capacity.

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