Nigeria’s daily petrol consumption has climbed to 52.9 million litres, reflecting ongoing pressure on domestic fuel demand even as the government intensifies efforts to shift the market toward gas and locally produced fuels. The latest figure was disclosed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, according to a report released on Tuesday.
The regulator said the uptick in consumption underscores the urgency of diversifying Nigeria’s energy mix and reducing dependence on imported petrol. It noted that the government is accelerating programmes to promote compressed natural gas adoption nationwide, as highlighted by recent policy directives and infrastructure rollouts reported by Reuters.
In addition to gas expansion, authorities are also betting on modular refineries to close supply gaps and lower import bills. The regulator stated that at least six modular plants are progressing through various approval and construction stages, with expectations that increased domestic refining will ease foreign exchange pressure, according to statements shared with local media.
Analysts say the dual approach of promoting gas and boosting modular refining capacity is aimed at improving energy security while supporting Nigeria’s fiscal stability. They added that successful execution could reduce import exposure and stabilise pump prices in the medium term.
