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DANGOTE REFINERY ACCOUNTS FOR 71% OF NIGERIA’S PETROL SUPPLY IN AUGUST – NMDPRA

The Dangote Petroleum Refinery has accounted for about 71 per cent of Nigeria’s Premium Motor Spirit (PMS) receipts in August.

The development shows that locally supplied petrol continued to gain ground against imports. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) revealed the performance.

The refinery supplied an average of 35.87 million litres of petrol to the domestic market each day during the month.

The figure was contained in the regulator’s August 2026 State of the Midstream and Downstream Sector fact sheet. The report showed that total domestic PMS receipts increased by 39 per cent.

It rose from 25.8 million litres per day in July to 35.9 million litres per day in August.In contrast, petrol imports dropped by 26 per cent over the same period.

Imports fell from 19.7 million litres to 14.6 million litres per day. Overall, PMS receipts increased by 11 per cent from 45.5 million litres per day in July to 50.5 million litres in August.

Domestic supply exceeded imports by 21.3 million litres daily in the month under review.The data underscores the growing impact of the 650,000 barrels per day Dangote Refinery on Nigeria’s fuel supply.

Industry analysts said the shift marks a major milestone in Nigeria’s push for energy self-sufficiency.They noted that for years, the country relied heavily on imported petrol to meet local demand.

The Dangote Refinery, located in Lekki, Lagos, commenced full-scale petrol production last year.Since then, it has steadily ramped up supply to the domestic market.

The NMDPRA report indicates that local refining is now driving availability and reducing import dependence. The regulator said it will continue to monitor supply to ensure energy security and price stability.

Stakeholders said increased local supply is expected to ease pressure on foreign exchange and improve product availability. They also expressed optimism that sustained domestic refining would lead to more stable pump prices in the long term.

The NMDPRA said the improvement in domestic receipts reflects improved refinery utilisation and distribution efficiency. It said the reduction in imports aligns with Federal Government’s policy to promote local refining.

According to the Authority, the trend will help conserve foreign exchange and strengthen energy security. Marketers noted that the Dangote Refinery’s consistent supply has reduced supply disruptions witnessed in previous years.

They added that local supply has improved turnaround time for loading and distribution to retail outlets while there’s optimism that the development could attract more investment into Nigeria’s downstream sector.

They urged government to sustain reforms that support local refining and private sector participation. The Authority assured Nigerians of its commitment to ensuring adequate supply of petroleum products nationwide. It said it would continue to work with stakeholders to sustain the positive trend in domestic supply.

Ekong Ikpe

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