By Udeme Akpan Nigeria’s petroleum industry is undergoing a shift from an export-driven crude oil model towards greater domestic processing following the operationalisation of the Dangote Petroleum Refinery in Lagos. For decades, Nigeria exported crude oil while importing refined petroleum products, including petrol, diesel and aviation fuel. The model generated foreign exchange from crude exports […]

By Udeme Akpan Nigeria’s petroleum industry is undergoing a shift from an export-driven crude oil model towards greater domestic processing following the operationalisation of the…

West Africa is pushing to develop its own petroleum pricing benchmark as the Dangote refinery reshapes regional fuel flows and reduces dependence on imported products and foreign…