Domestic supply of Premium Motor Spirit, popularly known as petrol, experienced a notable increase of 37.7 percent in November 2025, reaching 23.52 million litres per day from 17.08 million litres per day in October, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority.
Imports of petrol into the country also saw a sharp rise, surging by 80.27 percent to 52.1 million litres daily, compared with 28.9 million litres in October.
This brought the total average daily petrol supply for November to 71.5 million litres.
NMDPRA attributed the boost in supply to the unusually low delivery levels recorded in September and October, which fell below the national demand benchmark.
The agency also highlighted efforts to build national stock ahead of the year-end peak demand.
The increase in imports, driven by NNPC Limited acting as a supplier of last resort, was aimed at strengthening inventory.
According to the report, 12 vessels initially scheduled to discharge in October were delayed into November, further lifting the month’s supply.
Average daily petrol consumption in November was put at 52.9 million litres, while national stock sufficiency stood at 16.65 days.
The report also noted that all four NNPC Limited-owned refineries remained offline, with no confirmed date for resumption of operations.
Last month, NNPC Limited’s Group Chief Executive Officer, Bayo Ojulari, said the company was seeking technical partners to jointly operate the refineries.
Ojulari added that beyond technical partnerships, significant upgrades would be needed to align the refineries’ output with modern product standards.
“By the time we finish the ongoing rehabilitation, the products from those refineries will still be of a far lower standard than the Dangote Refinery,” he said.
He further explained, “It will be two steps lower than current international specifications. So when I talk about ‘high grade’, it means we want to redesign to high grade so that the products we produce will meet international standards and become commercially competitive. That requires some redesign.”
