Nigeria Petrol Imports Surge 207% as Local Supply Drops

Nigeria experienced a significant shift back toward import reliance in June 2026, with petrol imports surging 207% to 18.1 million litres per day, up from 5.9 million litres per day in May. This spike followed a 22% decline in domestic Premium Motor Spirit (PMS) supply, primarily driven by a drop in receipts from the Dangote Petroleum Refinery & Petrochemicals Fze, which fell from 41.5 million litres per day in May to 32.5 million litres per day in June.

Despite the local supply contraction, total PMS receipts increased to 50.6 million litres per day, which improved the country's stock sufficiency to 19.7 days. The Nigerian Midstream and Downstream Petroleum Regulatory Authority reported that domestic refineries actually saw a 9.3% increase in crude oil receipts during the same period.

Other fuel sectors showed varying trends. Liquefied Petroleum Gas (LPG) imports jumped 1,400% to offset a 10% decrease in domestic production. Meanwhile, diesel supply declined by 14%, with no imports recorded for the month.