
Nigeria exported Premium Motor Spirit, popularly known as petrol, worth N105.5bn to Togo in the first quarter of 2026 amid recent revelations that Nigerian fuel marketers are increasingly re-importing Dangote-produced petroleum products through the offshore ship-to-ship trading hub in Lomé, Togo, official trade data has shown.
The export figure was contained in the National Bureau of Statistics Foreign Trade Statistics Report for the first quarter of 2026 and analysed by our correspondent on Tuesday, which showed that ordinary motor spirit ranked among Nigeria’s major petroleum exports to the neighbouring country during the period.
The development highlights a dramatic shift in Nigeria’s downstream petroleum sector, which for years depended heavily on imported petrol due to inadequate domestic refining capacity. Nigeria imported approximately $117m worth of petroleum oils (petrol/refined products) from Togo in 2023, and $72–77m in 2024.
According to the report, 2026 Q1 petrol exports to Togo were valued at N105.50bn,
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