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Nigeria Slashes Petrol Imports by 85%, Consumes 10.2bn Litres in Six Months

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NNPC Records Petroleum Product Sale of ₦234.63bn in March

In a significant economic pivot in Nigeria’s downstream history, the nation has successfully reduced its reliance on foreign-refined petrol by a staggering 85.14 per cent in just six months, underscoring the overriding impact of the 650,000 barrels per day Dangote Refinery.

A THISDAY analysis of data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) during the six-month period from October 2025 to March 2026 revealed that overall the refinery provided 54.32 per cent of the total petrol consumed across the country, effectively ending decades of total import dependence.

Total national consumption during the period under consideration hit 10.277 billion litres, out of which the Dangote Refinery injected 5.582 billion litres of petrol into the domestic market, the data revealed. This represents a monumental shift in Nigeria’s downstream sector, as a single local entity now provides more than half of the nation’s energy requirements.

In percentage terms, the Dangote Refinery’s contribution ranged from a low of 31.23 per cent in October 2025 to a peak of 72.30 per cent in March 2026, as the refinery cleared technical hurdles and raised capacity utilisation which climbed to 93.62 per cent in March.

The trajectory of the refinery’s market share showed a rapid ascent. In October 2025, Nigeria’s total daily consumption stood at 57.74 million litres, with Dangote contributing a minute 18.03 million litres, a 31.2 per cent share of the market. By January 2026, even as national consumption rose to 60.2 million litres daily, the refinery’s ramp-up to 40.1 million litres daily pushed its market share to a staggering 66.6 per cent for that month.

This surge in domestic supply provided the much-needed stability to the Nigerian economy. In December 2025, when national consumption peaked at 63.7 million litres per day due to festive season travel, the refinery hit its first major milestone by delivering nearly 1 billion litres in a single month, a review of the data showed.

Besides, while national consumption fluctuated, hitting a low of 47.3 million litres daily in March 2026, the refinery’s production remained robust. The refinery’s capacity utilisation reached a record 93.62 per cent in March, even as it optimised its domestic evacuation to align with the lower national demand.

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Following the refinery’s growing efficiency, the NMDPRA has now significantly scaled back import licenses. In March 2026, total national consumption was almost entirely covered by domestic production, with imports reduced considerably.

ALSO READ: Strait of Hormuz Disruption Beclouds Fuel Prices’ Reduction

By providing 5.58 billion litres in six months, the refinery stabilised Nigeria’s petroleum distribution network, which consists of over 22,681 retail outlets, reducing the logistical “dead time” previously associated with waiting for offshore mother vessels to discharge products at coastal ports for imported fuels.

For decades, Nigeria, Africa’s largest oil producer was ironically tethered to European and Middle Eastern refineries to meet its local energy needs. But the data confirmed that the era of total import dependence is effectively over.

The most aggressive decline occurred between December 2025 and February 2026. As local refining capacity at the Dangote Petroleum Refinery scaled up, the daily import bill was slashed from 42.2 million litres in December to a historic low of just 3.0 million litres per day in February 2026.

In essence, THISDAY’s review showed that imports fell from a peak of 1.44 billion litres in November 2025 to just 182.9 million litres in March 2026.

Besides, by the close of the first quarter of 2026, Nigeria’s domestic sufficiency rate for petrol had climbed to over 87 per cent, with local refineries led by the Dangote plant, providing the vast majority of the 47.3 million litres consumed daily by Nigerians.

Overall, the 85 per cent reduction in imports represents a massive logistical shift. The NMDPRA fact sheets indicated that the distribution network, which utilises a fleet of over 25,000 tanker trucks, is now almost exclusively loading from domestic depots rather than waiting for offshore vessels to discharge imported fuel.

However, while the Dangote Refinery continues to make progress, the government-owned Port Harcourt and Warri refineries remained in shutdown mode throughout the period, leaving the private facility to fill the void.

The data showed that even during peak consumption months like December (63.7 million litres daily), the strategic ramping up of domestic supply allowed the regulator to scale back import orders without triggering the fuel queues that have historically defined the Nigerian holiday season.

Besides, the NMDPRA’s March 2026 highlights showed that of the 40.1 million litres supplied daily to the market, 34.2 million litres came from domestic sources. As the final 5.9 million litres of imports are phased out, Nigeria now stands on the cusp of becoming a net exporter of refined petroleum products for the first time in its history, the analysis showed.

But while petrol remains the flagship product, the facility’s ability to maintain high utilisation rates (averaging 74 per cent across the period) has ensured that secondary products like diesel also reached the market consistently, peaking at 10.9 million litres daily in domestic supply during January 2026.

In all, the NMDPRA fact sheets indicated that the only other domestic contributors were modular refineries like Waltersmith and Aradel. However, these facilities are currently optimised for diesel and kerosene) production, making Dangote’s share of the overall petrol market even more critical to national energy security.

The NMDPRA also noted that the domestic gas supply remained a pillar of the energy mix, staying steady at 4.88 Bscf/day by March 2026. This stability in gas, combined with the refinery’s petrol output, suggests that Nigeria is moving toward a more balanced energy portfolio.

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Stakeholder Commends NMDPRA for Averting Aviation Fuel Crisis

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Subsidy Removal: NMDPRA Assures Smooth Fuel Supply

An oil sector advocacy group has commended the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), for stabilising the aviation fuel market, noting that its recent intervention helped ease tensions across the aviation sector and averted potential disruptions to flight operations.

This was detailed in a statement on Tuesday under the signature of the centre’s Executive Director, Tunde Adeyemi.
It averred that the regulator’s clarification on fuel availability and pricing came at a critical time, when uncertainty over Jet A1 costs had heightened anxiety among airline operators and other stakeholders.

Adeyemi noted that confirmation of over 70 days’ aviation fuel sufficiency reflects a strong supply position and underscores the resilience of Nigeria’s downstream petroleum framework.

Adeyemi said the regulator’s data-driven disclosure helped counter widespread speculation, including claims of a potential spike in aviation fuel prices that had raised fears of flight disruptions and higher airfares.

“The timely intervention by the Authority provided much-needed clarity and helped calm frayed nerves within the aviation ecosystem. At a time when misinformation could have escalated into a crisis, the regulator chose transparency and facts, which is commendable,” he said.

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He added that aviation fuel remains a major cost driver for airlines in Nigeria, making stability in supply and pricing critical to the sector’s sustainability.

According to him, the Authority’s emphasis on the deregulated nature of the Jet A1 market is key to shaping realistic expectations, as pricing is influenced by global oil trends, foreign exchange fluctuations, and logistics costs.

“It is important for stakeholders to understand that aviation fuel pricing is market-driven. What the regulator has done is provide clarity that supports informed decision-making,” he said.

The group also highlighted the growing role of domestic refining in moderating fuel prices, noting that locally refined aviation fuel is being sold slightly below international benchmarks — an indication of improving local capacity.

It urged stakeholders across the aviation fuel value chain to avoid spreading unverified claims capable of distorting market realities or undermining confidence in the sector.

“Responsible engagement is critical. All parties must work together to sustain stability and ensure that recent gains are not reversed by panic or misinformation,” Adeyemi added.

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NNPC Ltd Delivers over 1bn Barrels to Dangote in April

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There are indications from the trading arm of the Nigerian National Petroleum Company Limited (NNPC Ltd) that crude supplies to the Dangote Oil and Gas Company Limited (DOGC) in April 2026, increased to more than 1.03 million metric tonnes, equivalent to about 6.8 million barrels or over 1.08 billion litres.

An analysis of tanker vessel movements obtained by The PUNCH on Tuesday shows that the deliveries were executed through eight crude cargoes handled by NNPC Trading, reinforcing the state oil firm’s role as a major feedstock supplier to the 650,000 barrels-per-day Dangote refinery.

The shipments, sourced from key Nigerian crude streams including Anyala, Bonga, Odudu, Forcados, Qua Iboe, and Utapate, were routed through the refinery’s Single Point Mooring systems, SPM-C1 and SPM-C2.

The document shows that out of the eight cargoes, five have been fully discharged, while three others are still awaiting berthing or completion, indicating a steady pipeline of crude inflows into the refinery.

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This development comes amid the refinery’s continued complaints of supply inadequacies, with a total requirement of 19 cargoes monthly, and a recent report that the country imported 55.39 million barrels in January and February 2026.

A breakdown of the deliveries showed that Sonangol Kalandula initiated the supply chain, delivering 123,000 metric tonnes of crude from Anyala. The vessel arrived on April 5, berthed on April 8, and sailed on April 9.

This was followed by Advantage Spring, which supplied 128,190 metric tonnes from Bonga, arriving on April 11 and completing discharge by April 13.

Similarly, a vessel code-named Barbarosa delivered 125,000 metric tonnes from Odudu, while Sonangol Njinga Mban transported 129,089 metric tonnes from Bonga.

Another completed shipment, handled by Nordic Tellus, brought in 139,066 metric tonnes from Forcados, completing discharge on April 17.

However, three additional cargoes remain in progress. Advantage Sun, carrying 142,327 metric tonnes from Bonga, has arrived but is yet to berth. Also pending are Advantage Spring from Utapate with 120,189 metric tonnes, and Sonangol Kalandula from Qua Iboe with 126,471 metric tonnes.

In total, the NNPC Trading cargoes account for 1,033,332 metric tonnes of crude, underscoring what industry analysts describe as a “strong and sustained supply commitment” to the Dangote refinery.

Further findings show that, beyond crude deliveries, the Dangote refinery also received multiple shipments of refined products and blending components from international markets during the period.

Among them, Seaways Lonsdale delivered 37,400 metric tonnes of blendstock gasoline from Immingham, United Kingdom, handled by Vitol, between April 18 and 19.

Another vessel, Augenstern, supplied 37,125 metric tonnes of Premium Motor Spirit from Lavera, France, discharging between April 8 and 9.
From Norway, Emma Grace brought in 37,496 metric tonnes of PMS from Mongstad, while LVM Aaron delivered 36,323 metric tonnes from Lome, Togo.

Similarly, Egret discharged 35,498 metric tonnes of naphtha from Rotterdam between April 16 and 18, providing critical feedstock for gasoline blending.

A pending shipment, Mont Blanc I, carrying 36,877 metric tonnes of blendstock gasoline from Antwerp, Belgium, is yet to berth, while Aesop is expected to deliver 130,000 metric tonnes of residue catalytic oil from Singapore later in April.

In addition to NNPC Trading volumes, other crude cargoes from international and domestic traders also supported refinery operations.

Notably, Yasa Hercules delivered 273,287 metric tonnes of crude from Corpus Christi, United States, while Front Orkla brought in 264,889 metric tonnes from Ingleside, US.

A major cargo, Navig8 Passion, supplied 496,330 metric tonnes of crude from Cameroon, highlighting regional supply integration.

Domestic contributions included Harmonic, which delivered nearly 993,240 barrels from Ugo Ocha, and Aura M, which supplied 1 million barrels from Escravos, alongside an additional 651,331 barrels of cargo from Anyala.

Operational data indicate that most vessels berthed within one to two days of arrival and departed shortly after discharge, suggesting improved efficiency at the refinery’s offshore terminals.

The Dangote refinery, located in Lekki, Lagos, is Africa’s largest single-train refinery, with a nameplate capacity of 650,000 barrels per day.

The facility is expected to significantly reduce Nigeria’s dependence on imported petroleum products by refining domestic crude and supplying petrol, diesel, aviation fuel, and other derivatives to the local market.

NNPC Limited, through its trading arm, has remained a central player in supplying crude to the refinery under evolving commercial arrangements, amid ongoing reforms in Nigeria’s downstream oil sector.

Earlier this month, Africa’s richest man and President of the Dangote Group, Aliko Dangote, revealed in a report by Bloomberg that the refinery received 10 cargoes of crude oil from the state-owned oil firm in March, compared to an average of about five cargoes monthly since late 2024.

Dangote said the shipments included six cargoes paid for in naira and four in dollars, under the crude supply arrangement between the refinery and the NNPC.

“Nigeria doubled crude supply to Dangote Refinery in March as Africa’s top oil producer moved to shore up fuel availability after the Iran war disrupted Middle East shipments. Last month, they gave us six cargoes with payments in naira and four cargoes with payments in dollars,” he stated.

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Dangote Champions Infrastructure, Job Creation as Catalysts for Africa’s Economic Growth at IMF/World Bank Meetings

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Africa’s leading industrialist and President and Chief Executive of the Dangote Group, Aliko Dangote, has reaffirmed the central role of infrastructure development, job creation, and private sector investment in accelerating Africa’s economic transformation.

Dangote made this assertion during a series of high-level engagements with global financial leaders on the sidelines of the recently concluded International Monetary Fund (IMF) and World Bank Spring Meetings in Washington, D.C. The meetings formed part of his ongoing efforts to mobilise investment flows and deepen strategic partnerships within Nigeria’s energy and industrial sectors.

During a keynote address at the World Bank’s Water Forward event, Dangote emphasised the urgency of scaling private sector participation to reposition water systems as enablers of industrialisation and employment across developing economies. He noted that infrastructure, particularly effective and sustainable water management, remains foundational to inclusive growth and long-term economic resilience.

“Africa’s growth story will be defined by our ability to invest in infrastructure that supports industry, creates jobs, and unlocks productivity across the continent,” Dangote said. “When the private sector is fully engaged, especially in critical areas like water and energy, it becomes a powerful engine for inclusive and sustainable development,” he said.

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As part of his engagements, Dangote also held strategic discussions with senior global financial leaders, including World Bank President Ajay Banga, focusing on accelerating capital inflows into Africa’s industrial sector. He stressed that rapid industrialisation is vital to strengthening economic resilience, promoting diversification, and reducing the continent’s exposure to external shocks.

Dangote further outlined the Group’s Vision 2030 strategy, which targets the significant expansion of operations across the Dangote Refinery, Fertiliser and Petrochemical Complex, and other business units, with the goal of achieving annual revenues of US$100 billion. According to him, the strategy reinforces the Group’s long-standing commitment to Africa-led industrial growth and sustainable development.

Reiterating his position, Dangote underscored that robust private sector participation — backed by reliable infrastructure — is essential to unlocking the economic value of water resources and advancing inclusive development across Africa.

The World Bank event attracted a distinguished audience, including heads of government, the United Nations Secretary-General, leaders of European development institutions, and representatives of multilateral development partners.

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