Petrol imports fall as Dangote stock hits 631m litres
Dangote Refinery’s stock hit 630.9m litres in August, causing Nigeria’s daily petrol imports to fall by 26%, according to NMDPRA data. Read More: https://punchng.com/petrol-imports-fall-as-dangote-stock-hits-631m-litres/
Nigeria's Dangote Petroleum Refinery reported a significant drop in petrol imports during August 2026, as the company's stock of refined petroleum products hit 631 million litres. The refinery's closing inventory included 360.4 million litres of petrol, 137.2 million litres of diesel, and 133.3 million litres of aviation fuel. Despite a 26% decline in daily imports of petrol-motor spirit (PMS) from July to August, domestic PMS receipts surged by 39%, with daily receipts rising from 25.8 million litres to 35.9 million litres.
This increase in domestic supply led to a 11% rise in total PMS receipts, which exceeded imports by 21.3 million litres per day during August. The Dangote refinery's contribution to the country's total PMS receipts was approximately 71%, supplying around 36 million litres of petrol daily to the domestic market.
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