Nigeria has increased crude oil allocations to the Dangote Refinery for May, as authorities move to ease supply constraints and strengthen domestic refining capacity.
According to Reuters, the Nigerian National Petroleum Company raised allocations from five to seven cargoes for the month, reflecting efforts to support the refinery amid tightening global oil markets.
The 650,000 barrels-per-day facility has faced challenges securing sufficient local crude, often turning to imports at significant premiums due to supply shortages linked to geopolitical disruptions.
While the increased allocation provides some relief, it remains below the refinery’s estimated requirement, underscoring persistent supply gaps even as negotiations for additional volumes continue.
Analysts say the move signals a strategic shift toward prioritising local refining, which could reduce fuel import dependence and enhance energy security, even as it temporarily limits Nigeria’s export volumes.
