Nigeria’s petrol imports plunge by 30 million litres as local supply surges

15 Apr 2025 11:02 pm

Energy

The latest data from the Petroleum Products Pricing Regulatory Agency (PPPRA) shows that Nigerias petrol imports have decreased by 30 million litres while local supply has significantly increased. This is a positive development for the countrys energy sector as it reduces the dependence on foreign imports and promotes self-sufficiency. The increase in local supply can be attributed to the efforts of the Nigerian National Petroleum Corporation (NNPC) in revamping and expanding its refineries. This also aligns with the governments goal of boosting local production and reducing the countrys reliance on imports. This trend is expected to continue leading to a more stable and sustainable energy sector in Nigeria.

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Responses

1) Nigeria petroleum pricing agency data shows that the fuel import into the country has dropped by 30 millions litres while the local supply has significantly increased. Do you think this will encourage the government to work on other refineries to boost more production? 0
2) As the increase in local supply surges and a decline in import is recorded, Will the production from the local refineries such as Dangote's refinery be enough to meet the nation's demand amidst drop in fuel importation? 0
3) The increase in local supply can be attributed to the NNPC and also aligns with the government goal of boosting local production and reducing the country's reliance on import. What positive impact do you think this will have on the economy as a whole? 0

1) Nigeria petroleum pricing agency data shows that the fuel import into the country has dropped by 30 millions litres while the local supply has significantly increased. Do you think this will encourage the government to work on other refineries to boost more production?

0 Replies

0 Reply
2) As the increase in local supply surges and a decline in import is recorded, Will the production from the local refineries such as Dangote's refinery be enough to meet the nation's demand amidst drop in fuel importation?

0 Replies

0 Reply
3) The increase in local supply can be attributed to the NNPC and also aligns with the government goal of boosting local production and reducing the country's reliance on import. What positive impact do you think this will have on the economy as a whole?

0 Replies

0 Reply

15 Apr

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