spot_img
spot_imgspot_img
April 24, 2026 - 9:51 PM

Fuel Imports Return as Marketers Move to Plug Supply Gaps

—

Oil marketers say the resumption of petrol and diesel import licences by the Nigerian Midstream and Downstream Petroleum Regulatory Authority is a practical step to prevent supply disruptions as local refineries struggle to meet national demand.

 

Industry players insist the decision is driven by market realities rather than any attempt to undermine the Dangote Petroleum Refinery.

They argue that while domestic refining capacity has expanded, output remains inconsistent, making imports necessary to stabilise supply and avoid scarcity.

 

The News Chronicle gathered that the current focus of regulators and marketers is ensuring predictable fuel availability, especially as the Dangote Refinery undergoes a major expansion that has affected its ability to fully cover domestic needs.

Stakeholders say a limited and well-regulated import window keeps the downstream market liquid while refineries scale up operations.

 

Market sources note that Nigeria’s fuel consumption leaves little margin for supply shocks, as maintenance downtime or logistics challenges can quickly translate into shortages. In that context, importation is being viewed as a buffer rather than a reversal of the country’s refining policy.

 

Speculation about renewed imports intensified after reports that fresh licences could be issued from mid February 2026, marking the first approvals this year.

The move follows concerns about potential tightening of fuel supply after delays linked to leadership changes at the regulator.

 

Meanwhile, Dangote Refinery maintains it does not import finished petrol or diesel, stating that it only brings in semi-processed feedstocks that are refined locally.

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Share post:

Subscribe

Latest News

More like this
Related

Former Super Eagles Striker Michael Eneramo Dies After Collapsing During Match in Kaduna

Former Super Eagles forward Michael Eneramo has tragically passed...

FIFA Shuts Down Talk of Italy Replacing Iran at World Cup

FIFA has shut down speculation that Italy could take...

Sledgehammer Diplomacy and China’s Soft Touch

Taiwan is a defined territory with claims to being...

As Lagos Monetizes the Sun, May We not Pay for the Air We Breathe

Nigerians do not merely struggle to survive; they struggle...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x