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Nigeria's Crude Oil Imports from US Surge to 42 Million Barrels in 2025

Nigeria's Crude Oil Imports from US Surge to 42 Million Barrels in 2025

Nigeria's crude oil imports from the United States have risen sharply to 42 million barrels in 2025, showcasing a substantial increase from the previous year. The data from the United States Energy Information Administration reveals a 26.34 million barrel year-on-year increase, highlighting a major shift in Nigeria's crude oil sourcing pattern.

This surge in imports reflects a doubling of reliance on US crude, driven by rising demand and structural pressures within Nigeria's domestic oil supply chain. Despite a modest and uneven import volume in 2024, Nigeria's monthly inflow in 2025 has shown a remarkable increase, with a significant jump in June to nearly nine times higher than the same period in 2024.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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