August 25, 2026

By Obas Esiedesa, Abuja

Crude oil imports by domestic refineries rose by 151.5 per cent to 5.13 million barrels in July 2026, from 2.04 million barrels recorded in June, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA.

The increase came amid a sharp decline in domestic crude supply to refineries during the month.

The NMDPRA’s July 2026 Midstream and Downstream Statistics showed that domestic refineries received a total of 17.88 million barrels of crude in July, comprising 12.75 million barrels supplied locally and 5.13 million barrels imported.