Nigeria’s supply of Premium Motor Spirit (PMS), commonly known as petrol, rose significantly in November 2025, increasing by 37.7% to 23.52 million litres per day compared to 17.08 million litres recorded in October.
Data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) also revealed a sharp rise in petrol imports, which surged by 80.27%—from 28.9 million litres per day in October to 52.1 million litres in November.
According to the report, the country received an average of 71.5 million litres of petrol daily during November.
NMDPRA attributed the spike in supply to unusually low deliveries in September and October, which fell below national demand levels. The November increase, it noted, formed part of deliberate measures to rebuild stock ahead of the high-consumption festive season.
The regulator also highlighted that NNPC Limited, acting as the supplier of last resort, expanded its import volumes to stabilise national reserves. Additionally, 12 petrol vessels scheduled for October discharge were delayed and eventually offloaded in November, significantly raising the month’s supply numbers.
The report placed average daily petrol consumption for November at 52.9 million litres, with national stock sufficiency standing at 16.65 days.
Meanwhile, all four NNPC-owned refineries remain shut. The report confirmed that no restart date has been set.
Last month, NNPC Limited Group CEO Bayo Ojulari revealed that ongoing discussions were underway with potential technical partners to jointly operate the facilities. He added that despite ongoing rehabilitation works, the refineries would still require further upgrades to meet modern fuel-quality benchmarks.
“Even after the rehabilitation, the products from those refineries will still fall below the standard of the Dangote Refinery,” Ojulari said. “They will be two grades lower than current international specifications. Achieving high-grade output will require redesigning the plants so the products meet global standards and remain commercially competitive.”
