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Dangote Dominated Nigeria’s August Petrol Supply With 71%
Business

Dangote Dominated Nigeria’s August Petrol Supply With 71%

By yawa9ja
September 24, 2026 2 Min Read
0

Nigeria relied far more on locally refined petrol in August as the Dangote Petroleum Refinery supplied nearly three-quarters of the Premium Motor Spirit received in the domestic market.

Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority showed that the refinery supplied an average of 35.87 million litres of petrol per day to Nigerian consumers during the month.

That volume represented about 71 per cent of total domestic PMS receipts.

The figures point to a major shift in the country’s petrol supply pattern as local refining continues to expand.

According to the NMDPRA’s August 2026 sector report, domestic petrol receipts jumped from 25.8 million litres per day in July to 35.9 million litres in August.

Petrol imports, meanwhile, moved in the opposite direction.

Imported PMS fell from 19.7 million litres per day to 14.6 million litres, representing a 26 per cent decline.

As a result, domestic receipts exceeded imported volumes by 21.3 million litres every day in August.

Total petrol receipts also increased by 11 per cent, climbing from 45.5 million litres per day in July to 50.5 million litres in August.

The Dangote refinery itself produced an average of 41.94 million litres of PMS daily during the month. Apart from the 35.87 million litres supplied locally, the refinery exported 9.73 million litres.

It ended the month with 360.4 million litres of PMS in stock, while its average capacity utilisation reached 105.21 per cent.

However, higher petrol availability did not translate into higher recorded consumption.

NMDPRA said domestic PMS consumption dropped by 14 per cent, from 48.3 million litres per day in July to 41.5 million litres in August. The regulator based the figure on petrol volumes trucked into the domestic market.

The changing supply pattern comes as the Federal Government pushes for greater domestic refining and lower dependence on imported fuel.

Crude deliveries to local refineries also increased. Receipts rose 17 per cent in August, reaching 683,000 barrels per day compared with 585,000 barrels in July.

From January through August, domestic refineries received 137.98 million barrels of feedstock. Local crude accounted for 109.88 million barrels, while imported seaborne crude contributed 28.10 million barrels.

That means domestic crude supplied almost 80 per cent of refinery feedstock during the period.

The NMDPRA report also recorded significant changes in other petroleum products.

Automotive Gas Oil imports plunged 84 per cent, from 7.9 million litres per day in July to 1.3 million litres in August. Domestic diesel supply also declined by 16 per cent to 13.2 million litres daily.

Aviation fuel moved in the opposite direction, with receipts rising 63 per cent from 1.9 million litres per day to 3.1 million litres.

Meanwhile, petrol stock sufficiency edged up from 22.4 days in July to 22.9 days in August.

The latest figures underline the growing influence of domestic refining on Nigeria’s petroleum market, with the Dangote refinery supplying more petrol locally than the country received through imports during the month.

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