The Nigerian Midstream and Downstream Petroleum Regulatory Authority has said that Dangote Refinery and other local refineries in the country only met 50 percent of the national petroleum products consumption requirement in February 2025, while the shortfall is imported by Oil Marketing Companies (OMCs).
This comes as the regulatory body stressed that there is no known Nigerian law that prohibits Nigerian National Petroleum Company Limited, NNPCL, from importing when necessary.
The Executive Director, Distribution System, Storage, and Retailing Infrastructure, Ogbugo Ukoha, disclosed this at a press briefing in Abuja on Wednesday.
According to Ukoha, all petroleum products imported to the country this year were of standard quality, adding that the NNPCL had not imported the Premium Motor Spirit, PMS, this year.
He explained that the contribution of local refineries has been less than a 60 percent shortfall in January and February 2025.