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Petrol Consumption Rises 8% to 51.1m Litres Per Day in April—NMDPRA

Nse Anthony-Uko by Nse Anthony-Uko
2 months ago
in Business
petrol
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Petrol consumption in Nigeria surged eight per cent to 51.1 million litres per day in April 2026, up from 47.3 million litres in March, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) fact sheet for April 2026.

The Factsheet released on Tuesday showed that Dldaily PMS demand climbed to 51.1 million litres per day (MLD), reflecting an eight per cent month-on-month increase from March’s 47.3 million litres per day as volumes trucked into the domestic market rose amid steady economic activity.

The consumption however outpaced total petrol supply for the month, which reached 44.4 million litres per day,

According to the report, domestic refineries, led by Dangote Refinery, supplied 40.7 million litres per da of PMS—91.7 per cent of total supply—while imports dropped to 3.7 million litres per day.
Dangote alone delivered 40.7 MLD domestically from 53.6 million litres per day production, operating near full capacity, as state-owned facilities remained shut down.

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Further analysis of the report showed that PMS stock sufficiency fell to 17.7 days from 21.2 days, signaling reduced buffers despite higher supply efforts.

AGO consumption also jumped to 17.3 million litres per day from 14.5 million litres per day, with stocks at 39 days.

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Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

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