Nigeria’s Petrol Imports Surge in July Amid Domestic Supply Decline

In July 2026, Nigeria experienced a notable shift in its petrol supply dynamics as domestic refinery output declined sharply, prompting an increase in petrol imports. Despite efforts to expand local refining capacity, the country’s reliance on imported petrol surged, underscoring persistent challenges within its petroleum sector.

Data released by Nigeria’s midstream and downstream petroleum authorities revealed that total Premium Motor Spirit (PMS) receipts dropped from 50.6 million litres per day in June to 45.5 million litres per day in July, marking a 10 percent decrease. This decline was primarily driven by a significant 21 percent fall in domestic petrol supply, which fell from 32.5 million litres daily to 25.8 million litres daily.

Conversely, petrol imports increased by nine percent, rising from 18.1 million litres per day in June to 19.7 million litres per day in July. This shift indicates an increased dependence on foreign sources to meet domestic demand, despite ongoing investments aimed at boosting local refining output.

The development highlights a complex situation for Nigeria, Africa’s largest oil producer, which has long sought to reduce its reliance on imported petroleum products. The sudden drop in domestic refinery output points to operational challenges that may involve maintenance issues, supply chain disruptions, or other factors limiting refinery performance. Meanwhile, the steady rise in imports fills the supply gap to prevent shortages in the local market.

Experts suggest that while imports provide a necessary stopgap, sustainable growth in domestic refining capacity remains critical for Nigeria’s energy security and economic stability. Increased local production would reduce foreign exchange outflows and create job opportunities within the country’s oil and gas industry.

Looking ahead, stakeholders are keenly watching the performance of Nigeria’s refining infrastructure and government initiatives aimed at revitalizing the sector. The ability to maintain consistent domestic petrol output will be vital to reversing the recent trend of increased import dependence.

In summary, July’s petrol supply statistics reveal:

• A 10% overall decline in total petrol receipts compared to June
• A sharp 21% drop in domestic refinery petrol supply
• A 9% increase in petrol imports to offset the shortfall

This mixed picture underscores the ongoing balancing act faced by Nigeria’s petroleum industry between expanding local refining capabilities and managing immediate fuel demand through imports.