NEWS
NNPC Ltd, IOCs Raise Crude Supply to Local Refineries by 103% in 4 Months
The Nigerian National Petroleum Company Limited (NNPC Ltd) and International Oil Companies (IOCs) in Nigeria increased crude oil supply to domestic refineries, led by the Dangote Refinery, by over 103 percent between January and April 2026.
An analysis of the data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Monday showed that crude supplied locally to domestic refineries rose from 8.83 million barrels in January to 17.96 million barrels in April, reflecting a rise of 103.4 percent.
In contrast, imported crude and feedstock supplied to the refineries dropped from 9.43 million barrels in March to just 0.41 million barrels in April, representing a decline of approximately 95.6 percent in the period under review.
The data underscored a major shift in Nigeria’s downstream petroleum sector as the Dangote Refinery increasingly relies on locally supplied crude oil for the production of refined petroleum products, especially Premium Motor Spirit (PMS), commonly known as petrol.
Overall crude receipts by domestic refineries stood at 20.92 million barrels in March before declining to 18.37 million barrels in April. However, the structure of refinery feedstock changed significantly during the four-month period.
The NMDPRA data also showed that local supply of petrol rose substantially during the period, reflecting increased production from the Dangote refinery, currently the only refinery producing PMS in Nigeria.
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According to the report, domestic petrol supply rose from 34.2 million litres per day in March to 40.7 million litres per day in April, indicating an increase of approximately 19 per cent. At the same time, imported petrol products volumes declined from 5.9 million litres daily in January to 3.7 million litres daily in April, representing a drop of about 37.3 percent.
The figures indicated that locally refined petrol is steadily displacing imported fuel in the Nigerian market as output from the Dangote refinery expands.
The NMDPRA data disclosed that average refinery capacity utilisation by the Dangote refinery reached 99.12 per cent in April, achieving 100 per cent utilisation “for most of the days in April.”
The sharp increase in crude allocation to domestic refineries reflected improved collaboration among upstream producers, regulators and refiners following persistent concerns over inadequate crude supply for local processing.
The increase in local refining came amid elevated global crude prices triggered by geopolitical tensions involving Iran and the United States.
According to the NMDPRA report, dated Brent crude averaged $120.55 per barrel in April, while international petrol prices rose to $1,074.97 per metric tonne during the month. The increase in global oil prices translated into higher domestic petrol prices across the country despite the rise in local refining activity.
The report showed that average actual pump prices stood at N1,271.50 per litre in Lagos, N1,326 per litre in Abuja, N1,340 in Kano and N1,371.50 in Maiduguri during April. Maximum retail prices reached N1,400 per litre in Sokoto and N1,413 per litre in Maiduguri.
Despite the increase in fuel prices, petrol demand remained relatively resilient. The NMDPRA stated that average daily petrol truck-out into the domestic market stood at 51.1 million litres in April, slightly above the agency’s benchmark national consumption estimate of 50 million litres per day.
Petrol production averaged 53.6 million litres daily during the month, while domestic PMS supply stood at 40.7 million litres daily. Besides, diesel production averaged 23.6 million litres per day, while aviation fuel production stood at 22.9 million litres daily.
Nigeria’s fuel reserve position also remained stable during the period despite volatility in international oil markets. According to the report, the country maintained average stock sufficiency levels of 18 days for petrol, 39 days for diesel and 70 days for aviation fuel in April.
The report further showed that the three modular refineries currently in operation, namely WalterSmith Refinery, Edo Refinery and Aradel Holdings continued to produce diesel during the month.
Collectively, the modular refineries supplied an average of 0.559 million litres of diesel daily in April. WalterSmith operated at 56.14 percent capacity utilisation and produced 0.250 million litres of diesel daily, while Edo Refinery achieved 79.20 percent utilisation with output of 0.086 million litres daily. Aradel operated at 33.95 percent utilisation with production of 0.181 million litres daily.
In the gas sector, total average gas supply stood at 5.142 billion standard cubic feet per day (Bscf/d) in April. Out of the volume, 2.012 Bscf/d was supplied to the domestic market. Also, gas supplied to the power sector averaged 0.549 Bscf/d, while commercial consumers utilised 0.671 Bscf/d and gas-based industries consumed 0.468 Bscf/d.
Liquefied Petroleum Gas (LPG) supply averaged 4,545 metric tonnes daily, while consumption stood at 4,818 metric tonnes daily. Retail LPG prices ranged between N1,100 and N1,450 per kilogramme during the period.
NEWS
NCDMB, Zeconia Global Train 50 on Digital Oilfield Operations
The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with Zeconia Global Investment CO. Ltd, has successfully completed the Training on Digital Oilfield Operation & Data Analytics for 50 participants in Lagos State.
The 5-day intensive capacity-building program, which was held from September 28 to October 2, 2026 in Lagos, came to a successful close with participants equipped with cutting-edge digital skills for the oil and gas industry.
The training was designed to bridge the digital gap in the sector, exposing beneficiaries to practical knowledge on digital oilfield architecture, production optimization, real-time data monitoring, IoT applications, predictive analytics, and data-driven decision making in upstream operations.
READ ALSO: 40 Oil Blocks up for Grabs as NUPRC Opens 2026 Bid Round
At the closing ceremony, the Managing Director of Zeconia Global Investment Co. Ltd, Olawore Oladipupo, conducted the official handover to participants, applauding their commitment, active participation and eagerness to learn throughout the duration of the training.
He charged them to leverage the knowledge gained to add value to the industry and position themselves for emerging opportunities in the digital energy space.
Participants expressed profound appreciation to NCDMB and Zeconia Global for the life-changing opportunity, describing the training as impactful, practical and timely for the evolving global oil and gas landscape.
The programme once again demonstrates NCDMB’s unwavering commitment to human capital development, local content growth and strategic partnerships aimed at empowering Nigerians with relevant skills for the future of work.
NEWS
40 Oil Blocks up for Grabs as NUPRC Opens 2026 Bid Round
As the Nigerian government intensifies efforts to lure fresh investment into the upstream sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has unveiled 40 oil blocks for the 2026 licensing round.
The blocks, located across land, shallow water and deepwater terrains, will be open to investors with the technical competence, financial capacity and commitment to develop Nigeria’s petroleum resources.
The NUPRC Chief Executive, Oritsemeyiwa Eyesan, announced the licensing round during her closing remarks at the commission’s fifth anniversary celebration in Abuja on Tuesday.
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She disclosed that the exercise has the blessings of both President Bola Tinubu and the Minister of Petroleum Resources.
“Ladies and gentlemen, the wait is over. It is with great joy that I announce that pursuant to the approval of His Excellency, President Bola Ahmed Tinubu, GCFR, President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria and Honourable Minister of Petroleum Resources, the Nigerian 2026 Licensing Round is hereby announced,” Eyesan said.
She said the round would offer 40 blocks across land, shallow water and deepwater terrains to investors with the requisite technical and financial capacity.
Eyesan said the 2026 bid round would introduce enhanced transparency measures, including mandatory disclosure of the beneficial owners of every bidder.
She added that the commission would provide greater disclosure of the evaluation methodology and results, stressing that transparency and predictability were essential to attracting upstream investment.
According to her, competition for upstream capital had become increasingly intense as investors now had multiple jurisdictions from which to choose.
“We will not rest on our oars. Competition for upstream capital is fierce, and it grows fiercer by the day. Investors have choices. They go where the rules are clear, where the process is predictable and where data can be trusted,” she said.
NEWS
Atiku Mourns 25 Killed in NAF Aircraft Crash in Ondo
Former Vice President and African Democratic Congress (ADC) presidential candidate for the 2027 election, Atiku Abubakar, has expressed deep sadness over the Nigerian Air Force aircraft crash in Ondo State that claimed 25 lives.
Atiku disclosed this in a statement posted on X on Tuesday, describing the tragedy as heartbreaking and extending his condolences to the families of the victims and the Nigerian Armed Forces.
The Nigerian Air Force ATR-42 aircraft, with registration number NGR 931, crashed in the Inbound area of Ilaje Local Government Area of Ondo State on Monday while on a routine mission from Benin to Lagos.
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The aircraft disappeared from radar after air traffic controllers lost contact with it at about 9:13 a.m.
Its wreckage was later located near the Naval Base in Igbokoda, where search-and-rescue operations were launched.
The Nigerian Air Force subsequently confirmed that 25 people were on board, comprising five crew members and 20 passengers, with no survivors.
Reacting to the tragedy, Atiku said the scale and circumstances of the crash were heartbreaking.
“Among those who lost their lives were airmen, soldiers and members of their families,” he said.
He added that the victims included people whose lives were dedicated to service, as well as families and individuals whose lives were cut short in the tragedy.
“My thoughts and prayers are with the families of all the deceased,” Atiku said.
He noted that no words could adequately comfort parents who had lost their children, children who had lost their parents, or families suddenly deprived of their loved ones.
Atiku also extended his heartfelt condolences to the Nigerian Air Force and the Armed Forces of Nigeria, as well as the governments and people of Nigeria and Ondo State.
He prayed that Almighty God would grant eternal rest to the souls of the departed, comfort their grieving families and give the Nigerian Air Force and the nation the strength to bear the painful loss.





