Nigeria fuel demand rises as Dangote drives near-full refining capacity
5/13/2026 8:00:00 AM
Nigeria's petrol consumption rose in April, while domestic refining surged to near full capacity, led by strong output from the Dangote refinery, data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) showed on Wednesday.
- Average daily petrol consumption rose to 51.1 million liters, slightly above the 50 million liters benchmark levels, while diesel demand climbed to 17.3 million liters a day.
- Refining utilization averaged 99.1% in April, with Dangote operating at full capacity for most of the month.
- Product output averaged 53.6 million liters of petrol, 23.6 million liters of diesel and 22.9 million liters of aviation fuel a day, with some volumes exported.
- Fuel stock cover was uneven, with petrol at 18 days, compared with 39 days for diesel and 70 days for aviation fuel.
- Retail petrol prices averaged 1,271 naira/liter ($0.9287/liter) in coastal Lagos and 1,371 naira in northern Maiduguri, tracking Brent crude at $120.55 a barrel.
All four state-owned NNPC Ltd refineries, with combined capacity of 445 k/d, remain shut.
($1 = 1,368.5900 naira)
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