Petrol imports surge 59.5% despite higher local refining output

In May 2026, Nigeria experienced a significant increase in petrol imports, which surged by 59.5 percent compared to the previous month. This rise occurred despite an uptick in production from local refineries, including contributions from private facilities such as the Dangote Refinery. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) indicated that the average daily imports of Premium Motor Spirit (PMS) rose during this period, highlighting a complex dynamic in the country's fuel supply landscape.

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