Dangote Refinery Spends $3.74bn on Crude Oil Imports in 2025 – CBN Report
Despite Nigeria being one of the world’s largest crude oil producers, Dangote Petroleum Refinery imported crude oil worth $3.74 billion in 2025, according to the latest Central Bank of Nigeria (CBN) Balance of Payments report. The report highlighted that these imports contributed to shifts in Nigeria’s current account, even as crude oil exports fell from…