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Nigeria’s petroleum product marketers and retailers imported 154.2 million liters of high-level sports spirit from March 17 to 23, 2025.
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The import is seen as a shift away from the Dangote refinery, which has suspended its sales of its Naira oil products.
Nigeria’s petroleum product marketers and retailers imported a staggering 154.2 million liters of premium car spirit from March 17 to 23, 2025, according to the Nigerian Port Authority.
This massive import is seen as a deliberate escape from the migration of the Dangot refinery, which has suspended sales of Naira oil products.
The development was at a stalemate in the Naira-final deal between Dangote Refinery and Nigeria National Petroleum Corporation Limited.
The Nigerian Petroleum Retailers Media Owners Association earlier hinted that its members would seek alternatives and import gasoline at NNPCL.
Also read: Imported gasoline landing cost drops to N797.66/liter
According to the midstream and downstream oil regulators in Nigeria, the country’s three operating refineries contribute less than 50% of the national daily gasoline consumption, while the shortage is full of imported products.
As of March 12, 2025, the landing cost of imported PMS dropped to between N774 and N797 per liter, while the former Depot price of the Dangote refinery was N815, N825 per liter.
Dangote refinery suspends gasoline sales in Naira
Dangote refinery has finally announced the suspension of sales of petroleum products in Naira. This is due to the alleged ban on the supply of crude oil in Naira.
In an official statement issued Wednesday, Dangot Refinery lets its customers know that Naira’s suspension of purchases of crude oil was temporary until further notified as it aligns its pricing system with measures to model NNDPCL.
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