• 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 Economy

Nigeria imports 69% of petrol despite Dangote refinery output

Quadri Olaitan by Quadri Olaitan
October 25, 2025
in Economy
0 0
0
Dangote refinery
thenacre-campaign

Despite Dangote refinery’s production, Nigeria imported 69% of its petrol between August 2024 and October 2025, NMDPRA data shows

Despite expanded refining capacity, Nigeria imported 69 per cent of the 21 billion litres of petrol it consumed between August 2024 and the first 10 days of October 2025, according to fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

Also read: Dangote opens door for NNPC stake increase in refinery

The report shows that Nigeria imported about 15.01 billion litres of Premium Motor Spirit (PMS) during the 15-month period, while 6.67 billion litres, or 31 per cent, came from domestic refining largely from the Dangote Refinery, which began petrol production in September 2024.

The data, titled “Import vs Domestic Supply Performance (PMS Daily Average Supply – August 2024 to October 2025),” reveals gradual growth in local refining alongside a steady fall in import dependence.

Odun Ifa 2026
ADVERTISEMENT

Imported petrol averaged 44.6 million litres daily in August 2024, rising briefly to 54.3 million litres in September 2024 when the Dangote Refinery began local supply.

Perfect-Aesthetic-social-1

Imports then fell steadily — to 24.15 million litres per day in January 2025, 19.26 million litres in September 2025, and 15.11 million litres by October 2025.

Conversely, domestic output climbed from 6.43 million litres per day in September 2024 to 22.66 million litres in January 2025, before stabilising around 20 million litres daily in subsequent months.

By October 2025, Dangote’s production averaged 18.93 million litres per day, surpassing imports for the first time.

The total national supply peaked at 60.73 million litres per day in September 2024, but declined to 34.04 million litres per day by October 2025.

Analysts link the drop to rising pump prices following the deregulation of the petrol sector and reduced cross-border smuggling.

The NMDPRA acknowledged that the refinery has become a major player in Nigeria’s downstream sector, contributing an average of 20 million litres per day to local supply.

However, importers have accused Aliko Dangote of “stifling competition” through aggressive price cuts.

Dangote, in response, insisted that his refinery has enough stock to serve both local and export markets, boasting over 310 million litres of petrol in storage.

“Bring your tankers — we will load. Any number of trucks you bring, we’ll load them. We have more than 310 million litres in our tanks,” said Devakumar Edwin, Vice President of the Dangote Group.

adron lemon friday

In addition to domestic supply, the refinery has been exporting petrol, aviation fuel, and diesel to international markets.

In early 2025, Dangote confirmed sales of two cargoes of jet fuel to Saudi Aramco, and in June–July 2025, it reportedly exported about one million tonnes of PMS.

The NMDPRA’s Chief Executive, Farouk Ahmed, described the development as a turning point in Nigeria’s petroleum landscape.

“Without a shadow of doubt, the Dangote Refinery has changed the supply dynamics with an average daily contribution of up to 20 million litres,” Ahmed said.

Experts note that while imports still dominate Nigeria’s supply mix, the steady expansion of domestic refining signals a structural shift toward energy self-sufficiency.

Also read: Dangote Group denies link to Akungba-Akoko crash

However, achieving full local dominance will depend on market pricing stability, fair competition, and consistent refinery operations across the country.

Quadri Olaitan
Quadri Olaitan

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

Related Posts

Nigeria Power Sector Debt Resolution
Economy

Tinubu moves to resolve Nigeria power sector debt crisis

by Quadri Olaitan
July 26, 2025
World Bank
Economy

Nigeria seeks $500m World Bank loan for MSMEs

by Quadri Olaitan
November 9, 2025
AfCFTA
Economy

Nigeria’s AfCFTA strategy: Ambition, progress and the challenge of delivery

by Victory Emmanuel
June 8, 2026
Nigeria Czech
Economy

Nigeria, Czech Republic deepen cooperation in Agriculture, renewable energy

by Victory Emmanuel
May 30, 2026
Ogun investment deal
Economy

Outgoing Ogun governor lies over Qatari multi-million dollar dairy deal

by Oreoluwa Ojelabi
June 25, 2025

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

APC

APC suffers setback as 500 members join PDP

August 31, 2026
Ooni

Ooni urges peace in Osun as Adeleke presents certificate of return

August 31, 2026
NDLEA

NDLEA intercepts N4.6bn opioids, ‘Jihadi drug’ in Lagos

August 31, 2026
Dangote

Dangote Refinery takes bold stand against fuel imports

August 31, 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
APC

APC suffers setback as 500 members join PDP

August 31, 2026
Ooni

Ooni urges peace in Osun as Adeleke presents certificate of return

August 31, 2026
NDLEA

NDLEA intercepts N4.6bn opioids, ‘Jihadi drug’ in Lagos

August 31, 2026
Dangote

Dangote Refinery takes bold stand against fuel imports

August 31, 2026
ADVERTISEMENT
August 2026
SMTWTFS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Jul    
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

  • NDLEA

    NDLEA uncovers cocaine, heroin hidden in iron boxes in Port Harcourt

    0 shares
    Share 0 Tweet 0
  • ‘I can’t lose my sister too’ — Sibling of abducted corps member cries out

    0 shares
    Share 0 Tweet 0
  • JUST IN: Pro-Hindu leader Dhirendra Singh killed in Lucknow

    0 shares
    Share 0 Tweet 0
  • Tinubu – Time to resign or be impeached

    0 shares
    Share 0 Tweet 0

Just Published!

APC

APC suffers setback as 500 members join PDP

August 31, 2026
Ooni

Ooni urges peace in Osun as Adeleke presents certificate of return

August 31, 2026
NDLEA

NDLEA intercepts N4.6bn opioids, ‘Jihadi drug’ in Lagos

August 31, 2026
Dangote

Dangote Refinery takes bold stand against fuel imports

August 31, 2026
Nigeria

Nigeria’s power sector loses N1.36tn in 2025

August 31, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 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

© 2026 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.