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Petrol imports surge despite rising local refining capacity — CPPE

The data showed that average daily Premium Motor Spirit (PMS), also known as petrol, imports rose to 18.1 million litres in June and 19.7 million litres in July from 5.9 million litres in May 2026.

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Petrol imports surge despite rising local refining capacity — CPPE

The data showed that average daily Premium Motor Spirit (PMS), also known as petrol, imports rose to 18.1 million litres in June and 19.7 million litres in July from 5.9 million litres in May 2026.

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CPPE urges NMDPRA to tie petrol imports to verified supply gaps

According to the group, rising petrol imports could undermine domestic refining, investment and foreign exchange conservation if approvals are granted without transparent evidence of supply shortfalls.

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Petrol imports surge despite rising local refining capacity — CPPE

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Petrol imports surge despite rising local refining capacity — CPPE

CPPE urges NMDPRA to tie petrol imports to verified supply gaps

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Petrol price rises 9% to N1,310/litre despite falling crude oil prices - Report

Petrol imports surge despite rising local refining capacity — CPPE

CPPE urges NMDPRA to tie petrol imports to verified supply gaps