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Wednesday, April 16, 2025

Nigeria’s petrol importation dropped by 30 million litres: NMDPRA

Mr Ahmed said the county’s PMS daily importation had dropped from 44.6 million litres in August 2024 to 14.7 million litres as of April 13.

• April 15, 2025
Oil vessel
Oil vessel

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria has significantly reduced its Premium Motor Spirit (PMS) importation.

The chief executive officer of NMDPRA, Farouk Ahmed, said this during the Meet-the-Press briefing series organised by the Presidential Communications Team (PTC) at the State House in Abuja on Tuesday.

Mr Ahmed said the county’s PMS daily importation had dropped from 44.6 million litres in August 2024 to 14.7 million litres as of April 13.

He attributed the 30-million-litre drop in imports to increased contributions from local refineries.

Mr Ahmed also disclosed that local petrol production surged by 670 per cent during the same period.

He credited the rise to the gradual restart of the Port Harcourt Refining Company in November 2024, along with added output from modular refineries across the country.

“After contributing virtually nothing in August 2024, local plants delivered 26.2 million litres per day in early April, a jump from the 3.4 million litres recorded in September 2024, which was the first month with measurable output,” Mr Ahmed said.

He said that despite the growth in domestic supply, the total national supply exceeded the government’s 50 million litres per day consumption benchmark.

”Only twice within the eight months—56 million litres in November 2024 and 52.3 million litres in February 2025,” Mr Ahmed said.

He added that March 2025 saw a slight dip to 51.5 million litres per day, while the first half of April recorded an even lower average of 40.9 million litres per day.

Mr Ahmed emphasised that the NMDPRA issues import licences strictly in line with national supply requirements, underscoring the authority’s commitment to balancing imports with growing local production capacity.

He called for a collective national effort in protecting and maintaining Nigeria’s oil and gas infrastructure.

According to him, all stakeholders, including security agencies, political leaders, traditional rulers, youths, and oil companies, must work together to secure national energy assets.

The CEO also stressed that local government authorities and international oil companies (IOCs) such as NNPCL and indigenous companies must ensure that oil assets are protected and maintained.

“Until we all commit to safeguarding these national assets, we should stop pointing fingers,” he added.

Mr Ahmed reaffirmed NMDPRA’s commitment to transparency and accountability in the midstream and downstream sectors.

(NAN)

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