Daily consumption of Premium Motor Spirit (PMS), also known as petrol, dropped by 25 per cent from 47.4 million litres per day in June to 35.7 million litres per day in July 2026 in Nigeria.
Daily supply of PMS to the Nigerian market also recorded a 10 per cent drop from 50.6 million litres per day in June to 45.5 million litres per day in July, according to the latest data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Monday.
According to the NMDPRA Factsheet for July 2026, supply from domestic sources (25.8 ML/D) accounted for 56.7 per cent of the total supply (45.5 ML/D) in July, while imports (19.7 ML/D) represented 43.3 per cent.
While domestic PMS supply dropped by 21 per cent from 32.5 ML/D in June to 25.8 ML/D in July, imports rose by 9 per cent from 18.1 ML/D to 19.7 ML/D within the period.
The report indicates that crude oil receipts by domestic refineries dropped by 8 per cent from 632 thousand barrels in June to 585 thousand barrels in July.
The NMDPRA report, however, reveals that the daily supply of Automotive Gas Oil (AGO), also known as diesel, rose by 46 per cent month-on-month from 16.2 ML/D to 23.6 ML/D. Out of this, 15.7 million litres (66.5 per cent) came from domestic refining sources, while the remaining 7.9 million litres (33.5 per cent) were covered by imports. The data shows that while zero diesel imports were recorded in June, 7.9 million litres were imported in July.
Despite the increase in daily supply of diesel to the market, daily consumption dropped by 8 per cent, averaging 14.7 million litres in July against 16 million litres recorded in June.
The supply of Liquefied Petroleum Gas (LPG), also known as cooking gas, rose slightly by 4 per cent to 5.3 kilotonnes per day in July from 5.1 kilotonnes per day (KT/D) in the previous month.
Domestic supply of LPG, which accounts for 83 per cent (4.4KT/D) of total supply in July, saw a 22 per cent increase from 3.6 KT/D in June. Imports (0.9 KT/D), which represent 17 per cent of total LPG supply in July, reflected a significant 40 per cent drop when compared to 1.5 KT/D recorded in June. Daily consumption of LPG also rose by 7 per cent to 4.4 KT/D from 4.1 KT/D.
Generally, domestic gas supply declined by 8 per cent from 5.116 billion cubic feet per day (Bcf/d) in June to 4.723 Bcf/d in July.
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While PMS stock sufficiency rose by 14 per cent from 19.7 days in June to 22.4 days in July, that of diesel equally increased by 25 per cent from 37.1 days to 46.5 days.
The daily supply of Aviation Turbine Kerosene (ATK), also known as aviation fuel, dropped by 24 per cent to 1.9 million barrels per day from 2.5 million barrels per day. Consumption also declined by 41 per cent to 1.7 ML/D from 2.9 ML/D.
On the performance of domestic refineries, the NMDPRA data shows that Dangote Refinery recorded 71.09 per cent average capacity utilization in July, reflecting a drop when compared with 101.36 per cent recorded in June. The refinery produced 25.9 ML/D of petrol, supplied 25.8 ML/D to the domestic market and exported 3.4 ML/D as at July 31. For diesel, it produced 19.1 ML/D, supplied 15.7 ML/D and exported 11 ML/D in July.
The state-owned refineries in Port Harcourt, Warri and Kaduna remained non-functional, producing zero litres of petroleum products.
The modular refineries supplied an average of 592 thousand litres per day in the month of July. They include Walter Smith, Edo Refinery, Aradel and OPAC.
Victor Ezeja is a Nigerian journalist skilled in producing insightful news analyses, feature stories, and interviews that simplify complex issues and drive informed public discourse. His work combines rigorous research, balanced reporting, and compelling storytelling to highlight developments shaping industries and society. Victor, who holds a Master's Degree in Mass Communication, specializes in energy, aviation, business, and economic reporting. He can be reached via @VICTOREZEJA on X