By Our Correspondent
Nigeria’s Petrol Imports Drop as Domestic Refining Strengthens
By Our Correspondent
Nigeria’s petroleum sector recorded a major boost in local refining as domestic production of Premium Motor Spirit (PMS), popularly known as petrol, increased significantly in April 2026.
According to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), local refineries supplied about 40.7 million litres of petrol daily in April, up from 34.2 million litres recorded in March. The increase reflects the growing impact of domestic refining initiatives, especially contributions from the Dangote Refinery.
The improved local output also reduced Nigeria’s dependence on imported petrol, with daily imports dropping from 5.9 million litres in March to 3.7 million litres in April.
Although petrol stock sufficiency declined to 17.7 days, industry observers note that the development highlights rising consumer demand and increased economic activities across the country.
Experts believe the steady growth in local refining capacity marks an important step toward energy security, reduced foreign exchange pressure, and long-term stability in Nigeria’s downstream oil sector.
The latest figures further demonstrate the country’s ongoing transition from heavy fuel importation to stronger domestic production, signaling positive prospects for the nation’s energy industry.
