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The Nigerian National Petroleum Company Limited has resumed its petrol imports, reversing its previous decision made a year ago to stop such activities.
On November 12, 2024, Mele Kyari, who was the Group Chief Executive Officer at that time, announced that NNPCL would cease importing petroleum products.
However, the Nigerian Midstream and Downstream Petroleum Regulatory Authority revealed in its ‘State of the Midstream and Downstream Fact Sheet’ for November 2025, released on Wednesday, that NNPCL imported petrol in October.
The agency noted that the imports by NNPCL contributed to an increase in total petrol supply in November, which rose from 46 million litres per day in October to 71.5 million litres per day.
According to the authority, of the total petrol supply in November, 52.1 million litres were imported, while local refineries provided 19.5 million litres.
NMDPRA added that the significant increase in supply was also influenced by the lower-than-desired supply observed in September and October 2025.
Moreover, the regulator stated that “importation by NNPCL, which serves as the supplier of last resort, in November 2025 was intended to build inventory and guarantee adequate supply during the peak demand season.”
NMDPRA also mentioned that 12 vessels initially scheduled to unload in October were postponed to November, further enhancing the petrol stock levels.
“Domestic supply volumes derive from disport/discharged figures plus refinery truck-outs,” NMDPRA clarified.
Additional data from NMDPRA revealed that Nigeria's daily petrol consumption decreased to 52.9 million litres in November, down from 56.7 million litres in October, indicating a 6.7 percent drop.
Despite the decline in consumption, the authority emphasized that November’s figures remained above the daily demand threshold of 50 million litres.
The report further indicated that in October, the average consumption of diesel in Nigeria was 15.4 million litres, and 2.5 million litres of aviation fuel was consumed.
Additionally, the Dangote Refinery provided an average of 23.52 million litres of petrol per day in November.
In contrast, NMDPRA reported that NNPCL's three refineries produced no petrol during this period, as they were all offline.
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