Yuletide: FG approves fresh imports of 830,000MT petrol

The Nigerian government has approved the importation of 830,000 metric tonnes of petrol for the fourth quarter of 2026, ahead of the Yuletide period. This decision comes as the country continues to rely on a combination of locally refined products and imports to meet domestic demand. The six major petroleum marketers that have been granted the import permits are Matrix Energy, AA Rano, AYM Shafa, NIPCO, Pinnacle Oil, and Bono Energy.

The Q4 import approvals are aimed at maintaining adequate petrol supply during the festive season when demand for petroleum products typically rises.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.