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Nigeria’s Petrol Importation Drops By 30m Litres, As Crude Oil Production Dips To 1.4mbpd

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Nigeria’s Petrol Importation Drops By 30m Litres, as crude oil production dips to 1.4mbpd

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that Nigeria has recorded a significant drop in the importation of Premium Motor Spirit (PMS) popularly called petrol, with daily imports falling by 30 million litres between August 2024 and April 2025.

Chief Executive Officer of NMDPRA, Farouk Ahmed who disclosed this to journalists during a Press briefing, at the Presidential Villa, Abuja stated that PMS imports declined from 44.6 million litres per day in August 2024 to 14.7 million litres per day by mid-April 2025, representing a 67 per cent reduction.

Ahmed attributed the development to increased local production capacity, driven by the gradual resumption of operations at the Port Harcourt Refining Company in late November 2024, as well as output from modular refineries.

Our Correspondent, Raliat Adenekan reports that the CEO NMDPRA confirmed that due to attacks on pipeline in the Niger-Delta, precisely Rivers state, Nigeria’s crude oil production dropped to 1.4million barrel per day, as he also decried the volatility in the global oil sector due to the unstable policies of the United States President, Donald Trump and ongoing trade wars.

HE also revealed that the Nigerian National Petroleum Company Limited (NNPCL) is no longer the sole importer of PMS, adding that in 2025, NNPC has not imported 1 single liter of fuel to the country.

READ ANOTHER STORY HERE https://classic94.fm/nff-denies-owing-late-christian-chukwu/

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