By Charles Pemu 
ABUJA, NIGERIA – The domestic supply of Premium Motor Spirit (PMS), commonly known as petrol, rose significantly in November 2025, reaching 23.52 million litres per day, a substantial increase of 37.7 percent from the 17.08 million litres per day recorded in October.
According to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), this boost was primarily driven by a massive surge in imports. The volume of petrol imported into the country surged by 80.27 percent, reaching 52.1 million litres daily, compared to 28.9 million litres in October. This brought the total average daily petrol supply for November to 71.5 million litres.
The NMDPRA attributed the significant increase in November supply to several factors, including unusually low delivery rates recorded in the preceding months of September and October, which had fallen below the national demand threshold. The agency also linked the rise to proactive efforts to build national stock levels ahead of the expected peak end-of-year demand.
The report stated that the surge in imports was mainly executed by NNPC Limited, acting as a supplier of last resort to strengthen inventory levels. A major contributor to the November volume was the spillover of 12 vessels initially scheduled to discharge in October.
Average daily petrol consumption was reported at 52.9 million litres in November, with national stock sufficiency standing at 16.65 days.
Despite the import-driven supply boost, the NMDPRA report confirmed that all four refineries owned by NNPC Limited remain shut, with no confirmed date for the resumption of operations.
NNPC Limited’s Group Chief Executive Officer, Bayo Ojulari, recently disclosed that the company is actively seeking technical partners to jointly operate the refineries.2 Ojulari explained that beyond rehabilitation, significant upgrades were still required to bring the refineries’ output in line with modern product specifications.
He warned that even after the ongoing rehabilitation, the products would still be of a “far lower standard than the Dangote Refinery.” Ojulari stressed the need to redesign the refineries to “high grade” so that their products could meet international standards and become commercially competitive.