Nigeria has entered a new phase in its petroleum sector as the Dangote Petroleum Refinery & Petrochemicals increased gasoline production and exports in March 2026, pushing the country into a net exporter position for the first time.

Figures from energy intelligence firm Kpler indicate that about 44,000 barrels of petrol were exported daily during the month, leaving a surplus of roughly 3,000 barrels per day after domestic supply was met. The development represents a sharp turnaround for a country that has relied heavily on imported refined fuel for decades despite its large crude oil reserves.

Industry observers say the export growth is likely to boost foreign exchange inflows and ease pressure on the currency market, while strengthening Nigeria’s push for self-sufficiency in refined petroleum products.

The refinery also expanded its export reach to East Africa, delivering a 317,000-barrel gasoline cargo to Mozambique. Another shipment is expected to arrive in the port city of Beira in April, reflecting rising regional demand as importers seek alternative supply routes amid disruptions in traditional markets.

At the same time, Nigeria’s petrol imports dropped significantly to about 41,000 barrels per day in March, the lowest level recorded so far, highlighting the impact of increased local refining capacity.

Crude supply to the 650,000-barrels-per-day facility rose to around 565,000 barrels daily, pointing to improved processing rates and higher output since the refinery commenced operations in late 2023.
Analysts believe the shift could reshape fuel trade patterns across Africa and place new competitive pressure on gasoline markets in Europe, where supply is already high.

President of Dangote Industries Limited, Aliko Dangote, linked the refinery’s progress to reforms introduced by Bola Ahmed Tinubu, which he said created a supportive environment for large-scale investment in local refining.