Warri Federal Constituency AD
ADVERTISEMENT
  • PT Insider
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • PT Jobs
  • Advert Rates
  • Contact Us
  • Digital Store
Monday, June 15, 2026
Premium Times Nigeria
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Alabuga Reports
    • Blood on Uniforms
    An illustration depicting the terrorists’ use of social media platforms

    How Nigerian terrorists use TikTok, exploit country’s digital governance gap

    SPECIAL REPORT: Failing waste system leaves Lagos roads buried in trash

    SPECIAL REPORT: Failing waste system leaves Lagos roads buried in trash

    A group of VCMs at Primary Healthcare Centre Kofar Rini, before going out for outreach. Picture_ Qosim Suleiman

    SPECIAL REPORT: Inside Sokoto’s fight against polio vaccine hesitancy

    Nigeria-Maritime-University-NMU

    SPECIAL REPORT: Nigeria’s maritime university upgrade stalls as billions flow into repealed academy

    Outside view of Primary school Emere-Oke

    Resource Curse? The only school in this Akwa Ibom oil community lies in ruins

    President Bola Tinubu, and Former minister of Finance and Coordinating Minister of the Economy, Wale Edun

    EXCLUSIVE: Why Tinubu fired Wale Edun as finance minister

    Governor Hope Uzodimma

    Fiscal Breach Uncovered: How Imo under Uzodinma spent N101.5 billion in unapproved funds

    President Tinubu, an oil platform and Gov Otu of Cross River state

    Oil-well Dispute: Inside the report that restores Cross River’s hope

    A section of Becheve Community in Cross River

    Modern Slavery: Inside Nigerian communities where children are sold into marriage (II)

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Wole Olaoye writes about e-jackasses who are on the prowl.

    Tell South Africa, karma is a bitch!, By Wole Olaoye

    “When delay became destiny: The flight I was meant to miss”, By Ayo Akerele

    “When delay became destiny: The flight I was meant to miss”, By Ayo Akerele

    Festus Adedayo writes about Obasa, Aláàfin Ṣàngó and the capture of Lagos.

    June 12: Broken bottle on our forehead, bludgeon on the back; democracy, is this your face?, By Festus Adedayo

    Femi Aribisala writes that the Biblical Israel is not the state of Israel.

    Article of Faith: Faith against odds, By Femi Aribisala 

    The Sunday Stew: From Abuja to the world: The insecurity triad and rise of the independent African scholar, By Max Amuchie

    ​The three-month sprint (1): Philosophical architecture of an intellectual trilogy of state decay,  ​By Max Amuchie  

    Mukhtar Ya'u Madobi writes about the need to combat deepfake videos.

    The burden of choice: Nigerian voters and the 2027 elections, By Mukhtar Ya’u Madobi

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • non Gamstop casinos
      • Kasyna online
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Alabuga Reports
    • Blood on Uniforms
    An illustration depicting the terrorists’ use of social media platforms

    How Nigerian terrorists use TikTok, exploit country’s digital governance gap

    SPECIAL REPORT: Failing waste system leaves Lagos roads buried in trash

    SPECIAL REPORT: Failing waste system leaves Lagos roads buried in trash

    A group of VCMs at Primary Healthcare Centre Kofar Rini, before going out for outreach. Picture_ Qosim Suleiman

    SPECIAL REPORT: Inside Sokoto’s fight against polio vaccine hesitancy

    Nigeria-Maritime-University-NMU

    SPECIAL REPORT: Nigeria’s maritime university upgrade stalls as billions flow into repealed academy

    Outside view of Primary school Emere-Oke

    Resource Curse? The only school in this Akwa Ibom oil community lies in ruins

    President Bola Tinubu, and Former minister of Finance and Coordinating Minister of the Economy, Wale Edun

    EXCLUSIVE: Why Tinubu fired Wale Edun as finance minister

    Governor Hope Uzodimma

    Fiscal Breach Uncovered: How Imo under Uzodinma spent N101.5 billion in unapproved funds

    President Tinubu, an oil platform and Gov Otu of Cross River state

    Oil-well Dispute: Inside the report that restores Cross River’s hope

    A section of Becheve Community in Cross River

    Modern Slavery: Inside Nigerian communities where children are sold into marriage (II)

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Wole Olaoye writes about e-jackasses who are on the prowl.

    Tell South Africa, karma is a bitch!, By Wole Olaoye

    “When delay became destiny: The flight I was meant to miss”, By Ayo Akerele

    “When delay became destiny: The flight I was meant to miss”, By Ayo Akerele

    Festus Adedayo writes about Obasa, Aláàfin Ṣàngó and the capture of Lagos.

    June 12: Broken bottle on our forehead, bludgeon on the back; democracy, is this your face?, By Festus Adedayo

    Femi Aribisala writes that the Biblical Israel is not the state of Israel.

    Article of Faith: Faith against odds, By Femi Aribisala 

    The Sunday Stew: From Abuja to the world: The insecurity triad and rise of the independent African scholar, By Max Amuchie

    ​The three-month sprint (1): Philosophical architecture of an intellectual trilogy of state decay,  ​By Max Amuchie  

    Mukhtar Ya'u Madobi writes about the need to combat deepfake videos.

    The burden of choice: Nigerian voters and the 2027 elections, By Mukhtar Ya’u Madobi

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • non Gamstop casinos
      • Kasyna online
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
Rising cost of petrol

Rising cost of petrol

Nigeria’s petrol imports fall as local refineries raise output — NMDPRA

Nigeria’s dependence on imported petrol is easing as domestic refineries, led by Dangote Refinery, ramp up production, with local plants operating at over 99 per cent capacity utilisation in April, according to the latest NMDPRA fact sheet.

byAbdulkareem Mojeed
May 14, 2026
Reading Time: 3 mins read
0
Google Logo Add us on Google
MTN ADVERT

Nigeria’s dependence on imported petrol declined further in April as domestic refineries increased output and operated at near full capacity, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said.

The authority disclosed this in its latest April fact sheet published on its website.

FIRST BANK AD Do you live in Ogijo

According to the report, domestic refineries recorded an average capacity utilisation of 99.12 per cent in April, with Dangote Refinery achieving 100 per cent capacity utilisation for most days in the month.

The development comes as crude supplied to local refineries rose significantly, strengthening domestic petrol supply and reducing the need for large-scale imports that had dominated Nigeria’s fuel market for years.

Premium Times

Stay Ahead with Premium Times

Follow us on Google News and never miss breaking stories, investigations, and in-depth reporting.

Google Logo Add as a preferred source on Google

Last week, data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that Nigeria’s domestic refineries received only 28.5 million barrels of crude oil in the first quarter of 2026, despite producers offering 68.7 million barrels.

PT WHATSAPP CHANNEL

The commission said 61.9 million barrels were allocated to domestic refineries between January and March, while producers collectively offered 68.7 million barrels.

The figures highlighted a persistent gap between crude volumes allocated, offered, and eventually supplied to local refiners, despite government efforts to prioritise domestic refining and reduce reliance on imported petroleum products.

However, in its latest April data, NMDPRA said crude receipts by domestic refineries rose to 18.37 million barrels from local sources, compared to 9.53 million barrels of imported crude, bringing total refinery crude receipts to 27.9 million barrels for the month.

Petrol imports decline

The regulator said petrol production averaged 53.6 million litres per day during the month, exceeding the country’s official daily consumption benchmark of 50 million litres per day.

Actual average daily PMS consumption stood at 51.1 million litres, while domestic supply was put at 40.7 million litres per day, and exports reached 17.1 million litres daily.

These figures suggest that local refining capacity is increasingly taking over supply obligations previously met through imports, particularly following the operational expansion of Dangote Refinery and the contribution of modular refineries, while the Port Harcourt, Warri and Kaduna refineries remain shut down.

A review of the fact sheet showed that the average PMS daily supply in April stood at 44.4 million litres per day. Of this volume, 40.7 million litres per day came from domestic refineries, while only 3.7 million litres per day were imported, a sharp drop from 40.1 million litres per day recorded in March.

Industry experts say the shift is one of the clearest indicators that Nigeria’s downstream market is adjusting to the post-subsidy era, where domestic refining is expected to stabilise supply and reduce pressure on foreign exchange.

Beyond the strong output from Dangote Refinery, NMDPRA said three modular refineries—WalterSmith, Edo Refinery and Aradel—also contributed to local supply, particularly in diesel production.

The authority said the three plants supplied an average of 0.559 million litres of Automotive Gas Oil (AGO), also known as diesel, per day in April.

WalterSmith recorded the highest average capacity utilisation at 56.14 per cent, while Edo Refinery posted 79.20 per cent and Aradel recorded 33.95 per cent.

Fuel sufficiency improves

The regulator also reported improved national fuel sufficiency, with Nigeria maintaining 18 days of petrol sufficiency in April.

Diesel stock sufficiency stood at 39 days, aviation fuel at 70 days, while Liquefied Petroleum Gas (LPG) recorded a 13-day reserve.

Despite the improved local supply outlook, petrol prices remained elevated nationwide amid the ongoing Middle East crisis, which has disrupted global crude supply following the closure of the Strait of Hormuz.

ALSO READ: Nigeria’s petrol imports hit eight-year low – Report

NMDPRA said average pump prices ranged from N1,271.50 per litre in Lagos to N1,371.50 per litre in Maiduguri, driven partly by high international crude prices, with dated Brent averaging $120.55 per barrel during the period.

Historically, Nigeria has relied heavily on petrol imports despite being Africa’s largest crude producer, largely because state-owned refineries have performed poorly.

Last week, the NNPC Limited announced that it had signed a memorandum of understanding with two Chinese firms to revive the Port Harcourt and Warri refineries.

Analysts say the rising output from domestic refineries is expected to reduce pressure on foreign-exchange demand, improve supply security, and gradually reshape pricing dynamics in the downstream sector.

However, they note that sustained gains will depend on refinery stability, crude availability, transparent pricing, and the ability of domestic producers to consistently meet national demand.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Share on Telegram (Opens in new window) Telegram
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Email a link to a friend (Opens in new window) Email
  • Print (Opens in new window) Print
Premium Times

Stay Ahead with Premium Times

Follow us on Google News and never miss breaking stories, investigations, and in-depth reporting.

Google Logo Add as a preferred source on Google
Previous Post

N8.7bn Fraud Trial: Bank flagged Malami’s transactions as suspicious – Witness

Next Post

Africa’s economies must reform financial systems to unlock industrial growth — Oyedele

Abdulkareem Mojeed

Abdulkareem Mojeed

More News

Participants at the ongoing Ethnic Policy and Practice Seminar in Beijing, China

African delegates in China denounce xenophobic attacks

June 14, 2026
Chukwuemeka Odumegwu Ojukwu University

Varsity sacks two professors, three others over alleged sexual abuse, extortion

June 14, 2026
Bianca Odumegwu-Ojukwu visits Nigerian inmates in Ethiopian prison

Ex-senator criticises minister’s conduct during visit to Nigerian prisoners in Ethiopia

June 14, 2026
A Lawyer's wig used illustrate a story (NBA)

NBA anti-corruption committee, LPDC seek stronger disciplinary action against unethical lawyers

June 14, 2026
Terrorists in KEBBI

Terrorists kill 20 in Kebbi attack

June 14, 2026
Borno State governor, Babagana Zulum,

One killed as insurgents attack Chibok again, burn school block

June 14, 2026
Leave Comment

  • About Us
  • Contact Us

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game

Projects & Partnerships

  • AUN-PT Data Hub
  • #EndSARS Dashboard
  • Parliament Watch
  • Panama Papers
  • AGAHRIN
  • #PandoraPapers
  • #ParadisePapers
  • #SuisseSecrets
  • Our Digital Network
  • About Us
  • Contact Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2025 The Premium Times, Nigeria

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

DMCA.com Protection Status
  • Home
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential & NASS
    • Gubernatorial & State House
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • Gender
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Trade Insights
    • Business Specials
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • non Gamstop casinos
      • Kasyna online
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • #EndSARS Dashboard
  • AUN-PT Data Hub
  • Projects
    • Panama Papers
    • Paradise Papers
    • SuisseSecrets
    • Parliament Watch
    • AGAHRIN
  • Opinion
    • Editorial
  • PT Hausa
  • The Membership Club
  • DONATE
  • About Us
  • Dubawa NG
  • Advert Rates
  • PT Jobs
  • Digital Store
  • Contact Us

All content is Copyrighted © 2025 The Premium Times, Nigeria