Domestic Refiners Move to Cut Petrol Imports

by

Dare Olawin

Wednesday, January 21, 2026, pg.21

Domestic Refiners Move to Cut Petrol Imports

Domestic refineries in Nigeria have declared their ability to supply more petrol to the local market in 2026 than importers did in 2025, signalling a potential shift away from fuel import dependence. The Crude Oil Refiners Association of Nigeria stated that local facilities, led by the Dangote Petroleum Refinery, have sufficient installed capacity to meet national fuel demand if crude oil feedstock is made available. Official data show that imports accounted for about 62 per cent of petrol consumption in 2025, despite increased output from domestic refineries. Refiners argue that inadequate crude supply, rather than limited capacity, has constrained production across both large and modular plants. Industry leaders project that with improved feedstock access, domestic supply could surpass imports, reduce foreign exchange pressure, and enhance energy security. The development highlights ongoing tensions between refiners and regulators, as well as broader policy debates on refining support, pricing, and Nigeria’s long-term strategy for petroleum self-sufficiency.


Dare Olawin | 1) Petroleum industry and trade—Nigeria 2) Petroleum—Imports—Nigeria 3) Oil refineries—Nigeria 4) Energy policy—Nigeria | Punch Newspaper | Wednesday, January 21, 2026