Nigeria's Petrol Imports Plunge 42.2% to 24.8m Litres as Dangote Refinery Ramps Up Supply
Nigeria recorded a significant reduction in petrol imports in January 2026, with daily volumes dropping by 42.2% to an average of 24.8 million litres, according to the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). This marks a sharp decline from the 42.8 million litres imported daily in December 2025. The reduction reflects growing reliance on local production, particularly from the Dangote Petroleum Refinery, which increased its supply to the domestic market by 25.3% to 40.1 million litres per day—up from 32 million litres the previous month. Overall, total daily petrol supply (imports plus local production) stood at 64.9 million litres in January 2026, a 12.5% decrease from December's 74.2 million litres. Despite the drop in total supply, the country experienced petrol sufficiency on 33 days during the month, supported by a 13% improvement in stock availability due to better supply performance. The shift is largely attributed to...