Local marketers buy only 3% of Dangote Refinery’s products

The Vice President of Dangote Industries Limited, Devakumar V.G. Edwin has voiced frustration over the boycott of Dangote Refinery’s products by local marketers, noting that despite the Dangote Refinery’s substantial production capacity, local marketers are purchasing only about 3% of its output.

Speaking in an X space, Edwin disclosed that despite the refinery’s efforts to offer affordable petroleum products, many Nigerian traders continue to import refined products rather than sourcing from the local refinery.

The whole purpose of doing this refinery in Nigeria was to utilize our local crude instead of exporting raw materials and importing finished products. We should be able to refine and use the finished products within Nigeria and produce more to export the surplus,” he explained.