Petrol imports surge despite rising local refining capacity — CPPE
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By Udeme Akpan
Nigeria’s petrol imports surged by 233.9 per cent between May and July 2026, despite a significant expansion in domestic refining capacity, raising fresh concerns over the future of local refining and the country’s dependence on imported petroleum products.The Centre for the Promotion of Private Enterprise, CPPE, disclosed this in a policy brief on rising petroleum-product imports and the future of domestic refining, citing data from the Nigerian Midstream and Downstream Petrol
Nigeria’s petrol imports surged by 233.9 per cent between May and July 2026, despite a significant expansion in domestic refining capacity, raising fresh concerns over the future of local refining and the country’s dependence on imported petroleum products.The Centre for the Promotion of Private Enterprise, CPPE, disclosed this in a policy brief on rising petroleum-product imports and the future of domestic refining, citing data from the Nigerian Midstream and Downstream Petrol
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