Nigeria’s reliance on imported petrol remained strong throughout 2025 despite refining investments. Nigeria continued spending heavily on Premium Motor Spirit imports across the year. Data from National Bureau of Statistics revealed petrol remained a top imported commodity.
This trend highlights persistent supply gaps within the downstream petroleum sector.Oil marketers spent N8.96 trillion on petrol imports in 2025. However, the figure dropped significantly compared to 2024 import costs. Despite this decline, import spending still exceeded 2023 levels after subsidy removal.
Meanwhile, domestic refining capacity improved with investments and operational expansion. Notably, Dangote Petroleum Refinery increased production and distribution activities. However, local output failed to meet rising national demand.Consequently, imports supplied over 62 percent of total petrol consumption. Domestic refineries contributed less than 40 percent of overall supply.
Quarterly data showed fluctuating but consistent import patterns across the year. For instance, imports surged sharply during the fourth quarter. This spike reflected seasonal demand pressures and supply constraints. Additionally, Nigeria sourced petrol from several international and regional partners.
These suppliers included the Netherlands, United States, Brazil, Belgium, and Togo. Despite reforms, structural challenges continue limiting refinery performance nationwide. These issues include feedstock shortages, logistics barriers, and market inefficiencies. Energy experts warn that import dependence threatens foreign exchange stability.
Furthermore, it raises concerns about long-term energy security and sustainability. Ultimately, Nigeria must strengthen domestic refining to reduce import reliance. Achieving energy independence requires deliberate policies and improved industry coordination.
