Echotitbits – Nigeria News

Tag: fuel scarcity

  • Marketers say fuel imports still needed as Dangote refinery output rises

    Marketers say fuel imports still needed as Dangote refinery output rises

    Photo Credit: The Punch
    2025-12-24 07:00:00

    According to Punch, petroleum marketers argue that even with rising local refining capacity, Nigeria’s fuel supply needs cannot be met by one refinery alone—making imports and multiple supply channels necessary to prevent shortages and price shocks.

    The argument is partly about volume and partly about resilience: a single-point supply system increases vulnerability to maintenance downtime, feedstock disruptions, logistics bottlenecks, or regulatory disputes.

    Marketers also warn that policy choices that squeeze out importers too aggressively could reduce competition and create a supply monopoly—potentially weakening price discipline over time.

    The story lands amid a broader debate: how quickly Nigeria can transition from import dependence to domestic refining dominance without destabilising the downstream market.

    Premium Times cited regulators arguing the refinery “cannot meet… daily consumption demand,” while Reuters has reported Dangote’s ramp-up alongside policy shifts aimed at discouraging imports—fueling warnings about monopoly risk if competition collapses.

    Echotitbits take: Nigeria’s endgame should be diversified domestic supply—not “one refinery, one market.” Watch for transparent supply statistics (daily volumes), open access to storage/jetty infrastructure, and fair competition rules that prevent cartel behaviour on either side (importers vs refiners).

    Source: The Punch — December 24, 2025 (https://punchng.com/dangote-alone-cant-meet-nigerias-fuel-demands-marketers-insist/)
    The Punch 2025-12-24

  • NNPCL Imports Lift Petrol Supply to 71.5m Litres/Day as Demand Softens in November

    NNPCL Imports Lift Petrol Supply to 71.5m Litres/Day as Demand Softens in November

    Photo Credit: The Nation
    2025-12-10

    Figures cited by The Nation show average petrol supply rose to 71.5 million litres per day in November 2025, up from 46.0 million litres per day in October.

    The report, citing the NMDPRA downstream fact sheet, also suggested consumption eased, with average daily use falling to about 52.9 million litres/day from 56.7 million litres/day the month before.

    Regulators linked the stock build to meeting peak festive demand and covering prior months’ shortfalls, describing NNPCL as the supplier of last resort.

    The Nation quoted the regulator: “The significant increase in PMS supply in November 2025 was on account of…” inventory and import reasons. The same report stated: “Imports by the NNPC, the supplier of last resort… to build inventory and supply further guarantee supply…”.

    Echotitbits take: Higher supply doesn’t automatically mean stable pump prices—distribution, FX and smuggling dynamics still matter. Watch whether queues truly disappear beyond major cities and whether local refining materially cuts imports in early 2026.

    Source: The Nation — December 10, 2025 (https://thenationonlineng.net/nnpcl-imports-boost-national-petrol-stock-to-71-5ml-d-in-november/)
    The Nation 2025-12-10

  • Nigeria’s Petrol Supply Jumps to 71.5m Litres Daily as Imports Rise

    Nigeria’s Petrol Supply Jumps to 71.5m Litres Daily as Imports Rise

    Photo Credit: Vanguard
    2025-12-23 09:00:00

    Figures cited by Vanguard show Nigeria’s petrol supply rose sharply in November 2025, climbing to 71.5 million litres per day from 46 million litres per day in October.

    The report attributes the spike largely to import volumes—especially shipments linked to NNPC—aimed at rebuilding inventory and preventing scarcity during end-of-year peak demand.

    At the same time, regulators’ data suggest consumption also rose, reinforcing the view that the market remains supply-sensitive despite “price war” headlines and the gradual scaling of local refining.

    The broader implication is that import dependence is still doing the heavy lifting whenever domestic production or distribution falls below demand thresholds.

    Validation: The Punch notes, “The sharp increase… in November helped push total national PMS supply to a record 71.5 million litres per day.” Daily Post similarly reports that “total petrol supply in Nigeria rose to 71.5 million litres per day in November…”

    Echotitbits take: Watch December/January inventory and whether supply stability translates into sustained pump-price discipline nationwide. Also watch refinery utilisation—because a supply surge powered by imports is not the same as energy security.

    Source: Vanguard — December 23, 2025 (https://www.vanguardngr.com/2025/12/petrol-supply-rises-55-to-71-5m-litres-daily/)
    Vanguard 2025-12-23