Nigeria's petrol imports fall as local refineries raise output - NMDPRA
Nigeria, May 14 -- Nigeria's dependence on imported petrol declined further in April as domestic refineries increased output and operated at near full capacity, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said.
The authority disclosed this in its latest April fact sheet published on its website.
According to the report, domestic refineries recorded an average capacity utilisation of 99.12 per cent in April, with Dangote Refinery achieving 100 per cent capacity utilisation for most days in the month.
The development comes as crude supplied to local refineries rose significantly, strengthening domestic petrol supply and reducing the need for large-scale imports that had dominated Nigeria's fuel marke...
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