CPPE Urges NMDPRA to Limit Fuel Imports to Shortfalls

The Centre for the Promotion of Private Enterprise (CPPE) has called on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to restrict petroleum product import approvals to verified domestic supply shortfalls. This recommendation, made in a policy brief signed by Chief Executive Officer Dr Muda Yusuf, warns that indiscriminate imports could undermine local refining investments.

The CPPE reported a significant increase in Premium Motor Spirit (PMS) imports, rising from 5.9 million litres per day in May 2026 to 19.7 million litres per day in July 2026, which accounted for 43.3% of total PMS receipts. The organization stated that import permits should only be granted after NMDPRA establishes the size of any supply deficit, considering factors like projected demand and refinery output.

The CPPE's position aligns with increased domestic refining activity and the provisions of the Petroleum Industry Act regarding import licensing. The NMDPRA noted a sharp drop in domestic petrol supply in July 2026, despite improved inventory levels.