• Tekedia Capital analysis flagged sharp drop in Nigeria crude imports for domestic refining in April 2026 as Dangote Refinery ran near full capacity under naira-for-crude policy.
• Domestic refineries received 18.37 million barrels of crude during month; 17.96 million barrels sourced locally, 410,000 barrels imported, down from 9.43 million barrels in March.
• Dangote ran at 99.12% utilization, producing 53.6 million liters/day of petrol; 40.7 million liters/day supplied domestically, 17.1 million liters/day exported.
• PMS availability rose to 44.4 million liters/day as imports fell to 3.7 million liters/day, tightening link between local refining output and foreign-exchange demand.
• Fuel demand still exceeded supply, with PMS consumption at 51.1 million liters/day, implying continued reliance on imports or inventory drawdowns despite higher local output.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tekedia Capital LLC published the original content used to generate this news brief on May 15, 2026, and is solely responsible for the information contained therein.