Nigeria exports 82% of crude, starves local refineries
Amid cries of crude shortage by local refineries in Nigeria, the country exported 82 per cent of its crude oil in the first quarter of 2025, The PUNCH report. According to a report published by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), only 18 per cent of the crude was made available to local refineries. Nigeria has the Dangote Petroleum …