oil and fuel prices Archives

Petrol Imports Hit Record Low in June – Report

July 14, 2025 0 0

Record Drop in Nigeria’s Petrol Imports as Dangote Refinery Transforms the Market Nigeria’s import of Premium Motor Spirit, commonly known as petrol, has seen a significant decline in June, marking a historic low. This drop is largely attributed to the increased production capacity of the 650,000 barrels-per-day Dangote Petroleum Refinery. The refinery’s output has significantly reduced the demand for imported …