• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

Local refineries boast strong capacity to end fuel imports

Quadri Olaitan by Quadri Olaitan
January 21, 2026
in Business
0 0
0
local refineries

Modular refineries join Dangote as local fuel production rises in Nigeria

0
SHARES

Local refineries fuel supply may soon overtake imports as CORAN says Nigeria has enough refining capacity if crude feedstock issues are resolved

Domestic refineries on Tuesday declared that they have the capacity to supply more fuel into the local market this year than importers did in 2025, signalling a potentially decisive shift in Nigeria’s downstream petroleum sector.

Also read: Modular refineries join Dangote as local fuel production rises in Nigeria

The Crude Oil Refiners Association of Nigeria said its members, including the Dangote Petroleum Refinery, are positioned to meet Nigeria’s fuel demand without recourse to importation, provided longstanding feedstock challenges are addressed.

The claim comes against the backdrop of official data showing that petrol imports still dominated consumption in 2025.

Figures from the Nigerian Midstream and Downstream Petroleum Regulatory Authority revealed that total Premium Motor Spirit consumption stood at about 18.97 billion litres, with imports accounting for 62.47 per cent.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

Despite the gradual ramp up of the 650,000 barrels per day Dangote refinery, oil marketing companies imported about 11.85 billion litres of petrol last year, while domestic refineries supplied roughly 7.54 billion litres, representing 37.53 per cent of total consumption.

Reacting to the data, CORAN Publicity Secretary, Eche Idoko, said the report merely confirmed what refiners had repeatedly stated, stressing that output was constrained not by capacity but by inadequate crude oil supply.

According to him, local refineries fuel supply could far exceed current levels if feedstock availability improves, noting that the Dangote refinery alone now produces about 50 million litres of petrol daily.

Idoko explained that several modular refineries are operating well below capacity or have shut down intermittently due to crude shortages.

He cited examples where plants with installed capacities of 10,000 barrels per day produce barely 10 per cent of their potential.

He added that even large facilities have faced similar challenges, with the Dangote refinery at times operating below optimal levels because of crude constraints rather than technical limitations.

The CORAN spokesperson expressed optimism that domestic production would surpass imports in 2026, arguing that Nigeria’s peak daily petrol consumption of about 54 million litres is already within reach of local producers.

He maintained that with adequate crude supply, modular refineries could quickly scale up operations, positioning the sector to dominate the market and reduce reliance on foreign fuel.

Idoko also raised concerns about financing, saying many refinery projects have slowed because investors demand assurances of crude availability.

He urged the government to establish a refinery infrastructure development fund, similar to existing gas sector incentives.

On data transparency, he called on the regulator to rely on independent surveys of refinery output rather than truck out figures alone, insisting that accurate stock assessment would present a clearer picture of domestic supply capacity.

Meanwhile, sources at the Dangote refinery said the facility currently has enough petrol to meet local demand while exporting to other markets, provided regulatory processes are fair and consistent.

Also read: Aliko Dangote rejects buying refineries, expands plant

The refinery’s management recently confirmed that night time loading operations have commenced to sustain daily supply above 50 million litres nationwide, reinforcing confidence in local refineries fuel supply as Nigeria moves towards energy self sufficiency.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

From left:  Asst. Marketing Manager of Rite Foods, Mrs. Adebola Adeyinka; Asst. Brand Manager of Bigi Drinks, Ms. Biola Aransiola; Managing Director of Rite Foods, Mr. Seleem Adegunwa; and Bigi Consumers during Children’s Day Celebration at Ikeja City Mall, Alausa, Lagos on Saturday 27th, 2023
Business

Bigi, Sosa Fruit Drink of Rite Foods share exciting moments with children in Lagos

by Freelanews
May 30, 2023
NNPC
News

NNPC secures breakthrough on Bonga Southwest Aparo

by Mariam Balogun
March 11, 2026
Golf Winner Presentation
Business

’59th edition’ Ajayi wins FirstBank Lagos Open Golf Championship

by Freelanews
January 10, 2021
Nigerian Ports Authority tariff increase
Business

Nigerian Ports Authority increases tariffs by 15% after 30 years

by Quadri Olaitan
February 7, 2025
housing
Sustainability

FG unveils ambitious cooperative housing reform

by Victory Emmanuel
May 21, 2026

Leave a ReplyCancel reply

ADVERTISEMENT

Recent News

midlife

Women embrace wild midlife retreats for stress relief

June 23, 2026
Louisiana

New Orleans man, 23, becomes first in Louisiana cured of sickle cell disease

June 23, 2026
Oshodi

Lagos shuts Oshodi market after violent trader attack

June 23, 2026
SEC

SEC cracks down on Dangote Refinery IPO promotions

June 23, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
midlife

Women embrace wild midlife retreats for stress relief

June 23, 2026
Louisiana

New Orleans man, 23, becomes first in Louisiana cured of sickle cell disease

June 23, 2026
Oshodi

Lagos shuts Oshodi market after violent trader attack

June 23, 2026
SEC

SEC cracks down on Dangote Refinery IPO promotions

June 23, 2026
June 2026
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
282930 
« May    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • DSC01136 2 scaled

    Rotary Club of Ikoyi Metro wins global Rotary award after N150m hospital upgrade

    0 shares
    Share 0 Tweet 0
  • “What’s your name? What’s your rank?” Rivers CP challenges officers blocking highway in viral video

    0 shares
    Share 0 Tweet 0
  • First Bank MD Alebiosu receives threatening envelope with bullets

    0 shares
    Share 0 Tweet 0
  • Cubana Chief Priest tells Arise TV to host DNA test for Hellen Ati, her alleged son

    0 shares
    Share 0 Tweet 0

Just Published!

midlife

Women embrace wild midlife retreats for stress relief

June 23, 2026
Louisiana

New Orleans man, 23, becomes first in Louisiana cured of sickle cell disease

June 23, 2026
Oshodi

Lagos shuts Oshodi market after violent trader attack

June 23, 2026
SEC

SEC cracks down on Dangote Refinery IPO promotions

June 23, 2026
kidnap

Woman admits faking kidnap over N4m debt in Edo

June 23, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Editorial Charter
  • Corrections Policy
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.