Close Menu
    Trending
    • Portugal qualify for 2026 World Cup after thrashing Armenia 9-1
    • SERAP gives CBN 7 days to ‘account for missing N3 trillion of public funds’
    • Transcript: Sen. Bill Cassidy on “Face the Nation with Margaret Brennan,” Nov. 16, 2025
    • Zelenskyy says Ukraine working on new prisoner exchange with Russia | Russia-Ukraine war News
    • Oui, Apple vient bien de sortir une chaussette pour iPhone à 249 euros
    • NPFL: Finidi expects difficult Rivers United, Warri Wolves clash
    • Detroit Lions vs Philadelphia Eagles: NFL prediction, odds
    • Delborough Lagos Appoints Ex-OPEC President, Prof. Kachikwu, As Board Member
    Nigeria Newz
    • Home
    • Nigeria News
    • Nigeria Politics
    • Africa News
    • World News
    • US News
    • Nigeria Lifestyle
    • More
      • Nigeria Business
      • Nigeria Economy
      • Entertainment
      • Nollywood Movies
      • Relationship
      • Soccer
      • Sports
      • Travel News
    Nigeria Newz
    Home»Nigeria Business»Dangote Refinery, Others’ Domestic Petrol Supply Rises 111% To 3.8bn Litres
    Nigeria Business

    Dangote Refinery, Others’ Domestic Petrol Supply Rises 111% To 3.8bn Litres

    NigeriaNewzBy NigeriaNewzNovember 15, 2025No Comments5 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Nigeria’s home petrol provide surged by 111% in 2025, reaching a report 3.8 billion litres within the first 10 months of 2025, pushed by the ramp-up of the Dangote Refinery and different native services, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed. That is in comparison with the 1.8 billion litres provided to the home market in 2024.

    The Authority’s chief govt, Engr. Farouk Ahmed, who made this recognized, stated the

    development in home provide marks a turning level within the nation’s vitality panorama, signalling a big discount in reliance on imported gas and a serious increase to native refining capability.

    Talking on the 2025 Power Correspondents Affiliation of Nigeria (ECAN) Convention in Abuja, Ahmed described the milestone as a testomony to the progress made because the PIA’s implementation 4 years in the past.

    “Refined product provides from native refineries to the home market have skilled drastic enchancment. For instance, PMS provide grew from 1.3 billion litres in 2024 to three.8 billion litres in 2025, and the outlook is optimistic,” Ahmed declared.

    Ahmed emphasised that the NMDPRA’s regulatory reforms have performed a pivotal position in reworking the midstream and downstream oil and gasoline sector. “Within the final 4 years, every time I’ve had the chance to talk about our achievements and challenges on the NMDPRA, it all the time fills me with pleasure as a result of on every event I can report that we’re making very tangible progress at every step of the journey,” he stated.

    The Authority has efficiently gazetted 18 rules and developed tips and customary working procedures to make sure compliance and transparency.

    “We’ve additionally applied methods which have underscored our dedication to aligning regulatory oversight actions with nationwide vitality goals and world finest practices,” Ahmed added.

    Based on him, Crude provide to home refineries has additionally seen a dramatic enhance, rising from about 20,000 barrels per day (bpd) in 2023 to over 40,000 bpd in 2025.

    This development, Ahmed famous, is a direct results of the NMDPRA’s implementation of the PIA provisions.

    He additionally stated the Midstream and Downstream Fuel Infrastructure Fund (MDGIF) has invested over N287 billion in gasoline infrastructure tasks, with 16 firms concerned in 62 tasks as of October 2025.

     

    “The MDGIF catalysed a further $500 million funding to Fuel infrastructure by leveraging on AFRIEXIM Financial institution MOU to broaden vitality entry to drive financial improvement,” Ahmed revealed.

     

    The Authority has issued 23 ‘License To Set up’ for refineries since 2021, which, when totally operational, will add over 850,000 bpd to Nigeria’s present refining capability. “These new refineries will considerably increase our home refining capability and scale back our dependence on imported merchandise,” Ahmed acknowledged.

    Moreover, 10 gasoline distribution licenses have been issued for pipeline networks stretching 692km, connecting 412 prospects and attracting an estimated $639.07 million in funding. “This distribution system has a multiplier impact throughout vitality, agriculture, business, manufacturing and socio-economic impacts,” Ahmed defined.

    In its intervention, the Main Power Entrepreneurs Affiliation of Nigeria (MEMAN), urged the authorities to commit assets to construct the technical, authorized, and administrative expertise wanted throughout the brand new establishments and amongst business companions.

    Represented by Mohammed Al-Kazeem, MEMAN known as for streamlining of processes and eradicating avoidable delays and assessment licensing and allow workflows with the target of eliminating redundant steps, setting clear timelines and repair degree agreements, and digitising transactions the place possible.

    “Guarantee open entry to infrastructure, implement competitors guidelines, guard in opposition to anti-competitive vertical integration, and make procurement and licensing processes clear. A degree enjoying subject will decrease costs, enhance selection, encourage innovation, and defend shoppers.

    “Set clear, public metrics for achievement: safer operations, well timed challenge deliveries, free and honest market outcomes, elevated native content material, and visual socio-economic advantages for host communities. Common, clear reporting will construct belief and permit course correction,” MEMAN acknowledged.

    Additionally, the minister of State Petroleum (Fuel) Ekperikpe Ekpo, acknowledged that the gathering of media professionals, policymakers, and business stakeholders was each well timed and commendable because it additionally gives a vital platform to mirror on the progress made because the enactment of the PIA.

    “But, we should additionally acknowledge that there are gaps that require collective efforts to handle, notably in areas of cultural and group improvement, vitality transition, and sustainable implementation of arts provision,” Ekpo, who was represented by the Director of Fuel, Ministry of Petroleum, Ruth Mela-Nunghe, stated.

    Earlier, the ECAN chairman, John Ofikhenua, acknowledged that the PIA has introduced construction, transparency, and renewed confidence to the oil and gasoline business.

    “However our work is much from completed. The PIA isn’t a completed product; it’s a residing doc. As expertise evolves, as world vitality dynamics shift, and because the world races in the direction of cleaner and smarter vitality options, we too should evolve,” he suggested.

     

     



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    NigeriaNewz
    • Website

    Related Posts

    Delborough Lagos Appoints Ex-OPEC President, Prof. Kachikwu, As Board Member

    November 16, 2025

    Seplat Energy Rehabilitates 33 Wells, Targets Ending Routine Flaring, Cutting Emissions

    November 16, 2025

    Lagos Signage Agency Records Growth Through Effective Regulation, Others

    November 16, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Economy News

    South Korea says to ‘move forward’ on nuclear subs with US

    By NigeriaNewzNovember 14, 2025

    South Korea will “transfer ahead” with the US in constructing nuclear-powered submarines, President Lee Jae…

    Pakistan says Islamabad, South Waziristan bombers were Afghan nationals | News

    November 13, 2025

    Lagos Govt warns event centres against traffic obstruction

    August 3, 2025

    Who brought shawarma to Nigeria? Here's the backstory

    August 27, 2025

    Five vital Fantasy Premier League transfers

    September 18, 2025
    Categories
    • Africa News
    • Entertainment
    • Nigeria Business
    • Nigeria Economy
    • Nigeria Lifestyle
    • Nigeria News
    • Nigeria Politics
    • Nollywood Movies
    • Relationship
    • Soccer
    • Sports
    • Travel News
    • US News
    • World News
    About us

    Welcome to Nigerianewz.com — your trusted source for the latest and most comprehensive news about Nigeria, Africa, and the world.

    At Nigerianewz.com, we are passionate about keeping you informed with up-to-date, accurate, and insightful news coverage across a wide range of topics that matter to you. Whether you want to catch up on Nigeria Politics, get breaking Africa News, or stay updated on global happenings through our US News and World News sections, we’ve got you covered.

    Our mission is to connect you with authentic stories, powerful voices, and engaging content that reflects the dynamism of Nigeria and the broader African continent. Nigerianewz.com is designed to be your go-to platform for everything happening at home and around the globe.

    Thank you for choosing Nigerianewz.com — where news lives, breathes, and speaks to you.

    Recent Posts

    Mayor Johnson signs executive order against possible deployment of federal agents to Chicago

    August 30, 2025

    Gaza ceasefire in effect, Israel says, as hostage release countdown begins

    October 10, 2025

    PDP: National convention holds on Saturday, organising committee insists

    November 12, 2025

    Phillies’ Bryce Harper Cursed Out Commissioner During Meeting

    July 29, 2025

    How to help your kids catch up with academic speed this term

    September 13, 2025
    Categories
    • Africa News
    • Entertainment
    • Nigeria Business
    • Nigeria Economy
    • Nigeria Lifestyle
    • Nigeria News
    • Nigeria Politics
    • Nollywood Movies
    • Relationship
    • Soccer
    • Sports
    • Travel News
    • US News
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Nigerianewz.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.