Petrol imports hit 1.3bn litres despite local production

Petrol imports hit 1.3bn litres despite local production


The average daily supply in November was 71.5 million litres per day; 52.1 million litres were imported, while 19.5 million litres were sourced from the Dangote refinery, the only petrol-producing plant in Nigeria as of the time of this report. On Wednesday, the Managing Director of the Dangote refinery, David Bird, disclosed that the Dangote refinery has commenced night-time loading operations as it intensifies efforts to sustain a daily supply of more than 50 million litres of petrol across Nigeria, signalling a major shift to full 24-hour operations at Africa’s largest refinery. According to reports by the Major Energies Marketers Association of Nigeria, while the Dangote refinery’s ex-depot price has remained at N699 since December, the landing cost has been fluctuating between N780 and N750, intensifying the price war for importers.

Author: Punch Newspapers


Published at: 2026-01-15 23:52:14

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