The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
Petroleum marketers returned to naira transactions at the Dangote Petroleum Refinery on Wednesday after a week of dollar denominated pricing that unsettled Nigeria’s downstream market, but the relief arrived with a higher bill, as the refinery lifted its ex depot petrol price by N140 per litre. A notice issued by the refinery’s commercial department,…
Nigeria’s daily petrol imports surged by 207 per cent in June, reversing months of steady progress toward domestic energy self-sufficiency. Fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority reveals that daily foreign fuel receipts jumped to 18.1 million litres, up from 5.9 million litres in May. The massive influx of offshore fuel…
Africa’s largest refinery has pushed back against allegations that petrol produced at its Lagos facility is shipped to Lomé in Togo and then quietly returned into the Nigerian market, describing the claims as commercially illogical, contractually barred, and unsupported by trade data. Dangote Petroleum Refinery and Petrochemicals issued the rebuttal on Tuesday, June 23, 2026,…
Nigeria has approved a fresh round of petrol and diesel imports for the July to September quarter, a move that signals renewed pressure on domestic fuel supply even as the country pushes to lean more heavily on local refining. The Nigerian Midstream and Downstream Petroleum Regulatory Authority issued the clean product import permits to…
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…
Households and small businesses across Nigeria are paying nearly two and a half times more for cooking gas than they did at the start of the year, pushing marketers toward large scale importation in a bid to crash prices and end a biting scarcity. Cooking gas now sells at N2,400 per kilogramme in several locations,…
The Nigerian National Petroleum Company Limited has urged the Federal High Court in Lagos to dismiss the Dangote Petroleum Refinery’s bid to halt fuel importation, warning that the refinery’s products are sold at “significantly high and fluctuating market prices” and that granting its requests could hand it monopoly control of Nigeria’s downstream petroleum sector….
Aliko Dangote has renewed his legal war against the Nigerian government over fuel imports. The billionaire’s 650,000-barrel-per-day refinery filed a fresh lawsuit at the Federal High Court in Lagos to nullify import permits granted to marketers and the state oil company. The legal challenge targets the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The regulator…
Nigeria consumed 1.53 billion litres of petrol in April, as the Dangote Refinery cemented its status as the nation’s primary fuel source. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) shows that daily consumption averaged 51.1 million litres. This volume highlights a significant reliance on a single private entity for energy security….
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued new petrol import licences to six firms, authorising the importation of 720,000 metric tonnes. This move, confirmed on May 6, 2026, signals a pivot in the federal government’s downstream strategy, which had recently prioritised domestic refining. The licensed companies Matrix, AA Rano, AYM Shafa,…
