Regulator Issues Fresh Petrol Permits As Stocks Decline

Regulator Issues Fresh Petrol Permits As Stocks Decline

The federal government has issued fresh refined product import permits to independent marketers for the third quarter of 2026. The Nigerian Midstream and Downstream Petroleum Regulatory Authority approved the licenses to prevent potential domestic fuel shortages between July and September. The tactical intervention follows a noticeable decline in national fuel stock levels over the past…

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Regulator Issues Fresh Petrol Permits As Stocks Decline

Petrol Imports Surge 59% Despite Dominant Local Refining -NMDPRA

Nigeria’s petrol imports rose sharply by 59.5 percent in May as oil marketers turned back to foreign suppliers to shore up domestic inventory. The latest operational data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority reveals that daily inbound shipments of Premium Motor Spirit climbed to 5.9 million litres, up from 3.7 million litres…

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