The Nigerian National Petroleum Company (NNPC) Limited has resumed importation of petrol, one year after announcing it has stopped importing the product.
On November 12, 2024, Mele Kyari, NNPC’s former group chief
executive officer (GCEO), said the national oil company has stopped importing
petroleum products.
However, in its ‘State of the Midstream and Downstream Fact
Sheet’ for November 2025, published on Wednesday, the Nigerian Midstream and
Downstream Petroleum Regulatory Authority (NMDPRA) said NNPC imported petrol
last month.
NMDPRA said the importation of petrol by NNPC contributed to
a significant increase in total petrol supply in November, as it jumped from 46
million litres in October to 71.5 million litres per day last month.
The authority reported that, of the total petrol supply,
52.1 million litres were imported, while local refineries supplied 19.5 million
litres in November.
NMDPRA said the significant increase in petrol supply in
November 2025 was also due to low supply recorded in September and October
2025, below the national demand threshold.
The authority also attributed the increase to efforts to
boost national stock levels to meet the peak demand period of end-of-year
festivities.
Additionally, the regulator cited “imports by the NNPC, the
supplier of last resort, in November 2025, to build inventory and further
guarantee supply during the peak demand period”.
Also, NMDPRA said 12 vessels which were originally scheduled
to discharge in October spilled over into November, adding to petrol stocks.
“Domestic supply volumes are based on disport/discharged
figures + refinery truck-outs,” NMDPRA added.
Further breakdown by the NMDPRA showed that Nigeria’s daily
petrol consumption dropped to 52.9 million during the reviewed period, from
56.7 million litres in October — indicating a 6.7 percent decline.
Despite the consumption decline, the authority said the
November figure was above the daily demand benchmark of 50 million litres.
Also, NMDPRA said in October, Nigerians consumed an average
of 15.4 million litres of diesel and 2.5 million litres of aviation fuel.
According to the report, Dangote refinery supplied an
average of 23.52 million litres of petrol per day in November.
In contrast, NMDPRA said the three refineries operated by
the Nigerian National Petroleum Company (NNPC) Limited produced no petrol
during the period as they remained shut down.
However, the authority noted that the evacuation of diesel
produced when the Port Harcourt refinery was operational before May 24, 2025,
continued at an “average rate of 0.349 million litres per day”.
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