Local refineries narrow Nigeria’s petrol supply gap

Barbara Bako, Abuja. Nigeria’s domestic refineries produced nearly enough petrol to meet national demand in May 2026, underscoring the country’s growing refining capacity and reducing dependence on imports. Data released…

FG halts implementation of 15% import duty on petrol, diesel

The Federal Government has suspended the planned 15% import duty on petrol and diesel, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) announced on Thursday. In a statement by…