Crude Supply to Dangote Refinery Jumps 103% in Four Months

From January to April 2026, crude oil supply to Dangote Refinery and other local refineries in Nigeria increased by 103%, rising from 8.83 million barrels to 17.96 million barrels. This data, released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), indicates a major shift in the country's downstream petroleum sector.

In contrast, crude oil imports for refinery feedstock dropped significantly from 9.43 million barrels in March to just 0.41 million barrels in April, representing a decline of approximately 95.6%. The Dangote Refinery has increasingly relied on local crude oil supplies, with domestic petrol supply rising from 34.2 million liters per day in March to 40.7 million liters per day in April, a 19% increase.

Despite rising fuel prices, petrol demand remained resilient, averaging 51.1 million liters per day in April. The average pump price for petrol reached N1,271.50 per liter in Lagos and N1,400 per liter in Sokoto.