Fuel Imports Rise to 71% as Marketers Shun Local Refineries
New data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) shows that oil marketers have largely abandoned local refineries in favour of importing refined petroleum products, with imports meeting 71.38% of Nigeria’s petrol demand in May and June 2025. Only 28.62% of the country’s petrol supply during the period came from the $20…
