Dangote supplied more petrol than importers in August – Report

The Dangote Petroleum Refinery supplied more petrol to the Nigerian market than all importers combined in August, as domestic Premium Motor Spirit (petrol) receipts rose sharply while imports fell, according to the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority.

According to the NMDPRA’s August 2026 State of the Midstream and Downstream Sector factsheet released on Thursday, domestic PMS receipts increased from 25.8 million litres per day in July to 35.9 million litres per day in August.

Over the same period, petrol imports dropped from 19.7 million litres per day to 14.6 million litres per day. This means domestic PMS receipts exceeded imports by 21.3 million litres per day in August.

Overall, the country received 50.5 million litres of petrol daily during the month, representing an 11 per cent increase from the 45.5 million litres recorded in July.

The NMDPRA figures showed that domestic supply accounted for about 71 per cent of the total PMS receipts in August, while imports accounted for the remaining 29 per cent.

The report read, “PMS daily receipts increased by 11 per cent, rising from 45.5 million litres per day in July to 50.5 million litres per day in August. Domestic PMS receipts rose by 39 per cent, from 25.8 million litres per day in July to 35.9 million litres per day in August.

“Over the same period, PMS imports declined by 26 per cent, from 19.7 million litres per day to 14.6 million litres per day. Domestic PMS receipts exceeded petrol imports by 21.3 million litres per day in August.

“PMS consumption declined by 14 per cent, from 48.3 million litres per day in July to 41.5 million litres per day in August.”

The development marks another shift in the structure of Nigeria’s petrol supply, as the country continues to reduce its dependence on imported refined petroleum products following the commencement of operations at the 700,000-barrel-per-day Dangote refinery.

The NMDPRA data also showed that the Dangote refinery produced an average of 41.94 million litres of PMS daily in August, of which 35.87 million litres were supplied to the domestic market, while 9.73 million litres were exported.

The refinery also ended August with 360.4 million litres of PMS in stock. The refinery’s average capacity utilisation was put at 105.21 per cent during the month, highlighting its growing contribution to domestic fuel supply.

The August figures came as total PMS receipts increased by 11 per cent from 45.5 million litres per day in July to 50.5 million litres per day in August.

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However, the increase in supply was accompanied by a 14 per cent fall in recorded domestic PMS consumption, which declined from 48.3 million litres per day in July to 41.5 million litres per day in August.

The regulator said its consumption figures were based on volumes trucked out into the domestic market.

The changing supply pattern comes against the backdrop of the Federal Government’s push to increase domestic refining and reduce Nigeria’s long-standing dependence on imported petroleum products.

The August data also showed a broader increase in crude supplied to domestic refineries. Crude oil receipts rose by 17 per cent from 585,000 barrels per day in July to 683,000 barrels per day in August.

Between January and August, domestic refineries received 137.98 million barrels of feedstock, comprising 109.88 million barrels of domestic crude and 28.10 million barrels of imported seaborne crude.

Domestic crude therefore accounted for 79.64 per cent of the total refinery feedstock during the eight-month period, while imported crude made up 20.36 per cent.

The regulator also reported that petrol stock sufficiency improved marginally from 22.4 days in July to 22.9 days in August.

The data further showed a sharp decline in diesel imports, with Automotive Gas Oil imports falling by 84 per cent from 7.9 million litres per day in July to 1.3 million litres per day in August. Domestic AGO supply also declined by 16 per cent to 13.2 million litres per day.

Meanwhile, aviation fuel receipts rose by 63 per cent from 1.9 million litres per day to 3.1 million litres per day. The latest figures indicate that the growing output of domestic refineries is beginning to reshape the balance between locally refined petroleum products and imported supplies.

For petrol, the August figures put domestic supply ahead of imports by a wide margin, with the Dangote refinery alone recording domestic PMS receipts of 35.87 million litres per day, compared with total petrol imports of 14.6 million litres per day.

The development could further reduce the volume of foreign-refined petrol required to meet Nigeria’s domestic demand if domestic refining output and crude supply remain sustained.