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Petrol imports dropped by 67% in eight months — NMDPRA

by Achojah Aruegodore
April 15, 2025
in Business Scene
0
Fuel imports to Nigeria fall to 106,000bpd in July – Report
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that imports of petrol dropped from 44.6 million litres a day in August 2024 to 14.7 ML by 13 April 2025, representing a decline of approximately 30 million litres, or 67 per cent.

Chief Executive Officer of NMDPRA, Farouk Ahmed, disclosed this to State House correspondents on Tuesday, during the sixth edition of the Meet-the-Press briefing series organised by the Presidential Communications Team at the Aso Rock Villa, Abuja.

Ahmed also disclosed that within the review period, local supply rose by 670 per cent.

He stated that after contributing virtually nothing in August, local plants delivered 26.2 ML/day in early April, a jump from the 3.4 ML recorded in September, the first month with measurable output.

Ahmed attributed the surge to the phased restart of the Port Harcourt Refining Company in late November and to incremental volumes from modular refineries.

Despite the progress, combined supply crossed the government’s 50 ML/day consumption benchmark only twice in the eight-month window—November (56 ML) and February (52.3 ML).

In March it slipped just below target at 51.5 ML, and in the first half of April, it remained short at 40.9 ML.

According to the NMDPRA boss, the Authority only grants imports licenses relative to the country’s supply requirements.

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