Urgent.News

What's breaking now, across thousands of outlets.

Business

Diesel imports hit 245m litres as modular refineries struggle

Nigeria’s diesel imports reached 245 million litres in July, dwarfing modular refinery output. Discover why domestic supply struggles to meet demand. Read More: https://punchng.com/diesel-imports-hit-245m-litres-as-modular-refineries-struggle/

Diesel imports hit 245m litres as modular refineries struggle

Nigeria's modular refineries supplied only 18.35 million litres of diesel in July 2026, as oil marketers imported 244.9 million litres of the fuel, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The modular refineries averaged 592 thousand litres of diesel daily throughout July, representing a small portion of the total diesel supply, which stood at an average of 23.6 million litres per day.

The total diesel supply for the month amounted to about 731.6 million litres, with domestic supply from Dangote and other refineries contributing 486.7 million litres and imports accounting for 244.9 million litres. The modular refineries, whose combined output was included in domestic refinery supply, accounted for roughly 2.5% of the total diesel supply recorded in the month.

Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at punchng.com →

More in Business

Strange arithmetic goes unchallenged

Thursday 3rd September, 2026 The price of a kilo of wheat flour has recently been increased by Rs. 17, and the All Ceylon Bakery Owners’ Association has lost no time in jacking up the price of a 450g…

More from Wednesday 2 September →