Nigeria, April 16 -- Nigeria has significantly reduced its dependence on imported petrol, thanks to a notable rise in local refining capacity.

According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the country has cut its premium motor spirit (PMS) imports by nearly 30 million litres over the past eight months.

Farouk Ahmed, the Chief Executive Officer of NMDPRA, shared this update during a media briefing organized by the Presidential Communications Team at the State House in Abuja. He revealed that Nigeria's daily petrol imports, which stood at 44.6 million litres in August 2024, have dropped to just 14.7 million litres as of April 13, 2025.

This remarkable decline is largely attributed to the revi...