Nigeria, June 9 -- Reflecting a drop of over 96 percent, The News Chronicle reports that the country's gasoline import bill dropped to N87.4 billion in Q1 2026 from N2.27 trillion recorded in the same period of 2025. The sharp fall underscores Nigeria's growing reliance on domestically produced gasoline, with the Dangote Refinery's rising output helping reshape the market.



The National Bureau of Statistics said that while petrol was once among Nigeria's biggest imports, it now constitutes just a small portion of total imports. During the time, the product also fell out of the top ten imported goods for the nation.



The growth coincides with an ongoing increase in domestic fuel output. Official statistics show that local refineries...