The most recent Nigerian Midstream and Downstream Petroleum Regulatory Authority supply tracker shows that imports of Premium Motor Spirit (petrol) had fallen by around 30 ML, or 67 percent, from 44.6 ML per day in August 2024 to 14.7 ML by April 13th, 2025.
This was revealed to State House journalists by Farouk Ahmed, the CEO of the Authority, on Tuesday at the Aso Rock Villa in Abuja during the sixth meeting of the Presidential Communications Team’s Meet-the-Press briefing series.
Ahmed claims that at that time, local supplies increased by 670 percent.
Local plants produced 26.2 ML/day in early April after producing almost nothing in August. This was a significant increase over the 3.4 ML produced in September, the first month with quantifiable output.
The Port Harcourt Refining Company’s gradual resumption in late November and the increased quantities from modular refineries were credited by him with the spike.
Despite the advancements, only twice throughout the eight months—in November (56 ML) and February (52.3 ML)—did the total supply surpass the government’s 50 ML/day consumption criterion.
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At 51.5 ML in March, it fell barely short of the objective, and at 40.9 ML in the first part of April, it was still short.
The head of the NMDPRA said that the Authority only authorises imports in proportion to the nation’s supply needs.
