Domestic refineries supply 75% of Nigeria’s petrol

Despite a sharp resurgence in petrol imports, domestic refineries, led by the Dangote Petroleum Refinery, emerged as Nigeria’s largest source of petrol supply in the first seven months of 2026, accounting for nearly three-quarters of the country’s total Premium Motor Spirit (petrol) supply, while imports fell sharply c

Nigeria’s Dangote Refinery, the largest on the continent, is expected in October to seek to raise around US$5 billion in Africa’s biggest IPO listing yet, after months of strong earnings, boosted by the disruption caused by the Iran war.

By Obas Esiedesa, Abuja Average daily petrol supply from domestic refineries fell by 20.6 per cent to 25.8 million litres in July 2026, from 32.5 million litres per day recorded in June, data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has shown. The latest figures obtained from t