- Petroleum merchandise marketers person imported astir 154 cardinal metric tonnes of petrol weekly
- Documents from the Nigerian Ports Authority (NPA) amusement that astir 7 vessels volition import the products betwixt March 17 and 23, 225
- The improvement follows the illness of the naira-for-crude woody betwixt the NNPC and the Dangote Refinery
Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the economy for implicit a decade.
About 7 vessels carrying imported petrol are expected to dock astatine seaports betwixt Monday, March 17 and 23, 2025.
This is according to a papers from the Nigerian Ports Authority released connected Thursday, 20, 2025, revealing that the vessels are carrying 115,000 metric tonnes, representing 154.22 cardinal litres of petrol.

Source: UGC
The landing outgo of petrol crashes
These vessels volition bring the products via 3 seaports successful Nigeria to boost substance proviso nationwide.
Legit.ng earlier reported that the landing cost of PMS crashed to N797.83 per litre, prompting these imports.
Also, the improvement follows the suspension of the naira-for-crude income statement betwixt the Nigerian National Petroleum Company Limited (NNPC) and the Dangote Refinery.
Refinery owners fishy sabotage
Domestic refiners person said that the suspension of crude income successful naira is simply a crippled to frustrate the Dangote Refinery and reconstruct afloat import of refined petroleum products.
According to a Punch report, the nationalist publicity caput of the Crude Oil Refinery Owners Association of Nigeria (CORAN), Eche Idoko, said suspending the woody frustrates the stakeholders’ efforts to execute energy information successful Nigeria.
Idoko said immoderate individuals were aggrieved by the accordant clang successful petrol prices by the mega Dangote Refinery and utilized plots to reconstruct imports arsenic an alternative.
Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority said that Nigeria’s 3 functional refineries lend little than 50% of the country’s regular petrol consumption, with the remaining shortfall being sourced via imports.
NPA lists vessels carrying petrol
However, an investigation of the NPA papers disclosed that the products landed astatine the Tincan Island port, the Lekki Deep Seaport successful Lagos and the Calabar port.
The NPA papers besides showed that the Dangote refinery imported 645,766 metric tonnes of crude lipid wrong the aforesaid period.
According to reports, the archetypal shipment carrying 20,000 metric tonnes of PMS belonging to West African Ports Services docked astatine the Dangote Terminal connected Monday, March 17, 2025.
On the aforesaid day, 2 vessels carrying 20,000 metric tonnes docked astatine Tincan and Calabar ports.
Another vas with 20,000 metric tonnes belonging to Watson arrived connected Thursday, March 20, 2025, berthing astatine the Ecomarine terminal.
Also, the Binta Saleh vessel was scheduled to get astatine Tincan larboard with 5,000 metric tonnes of imported petrol connected Friday, March 21, 2025.
Another vas with 15,000 metric tonnes of refined substance docked connected Saturday, March 22, 2025. The vas was assigned to Peak Shipping and its agent.

Source: UGC
Another vas with 15,000 metric tonnes of substance volition get astatine the Ecomarine terminal connected Sunday, March 23, 2025, meaning the 7 vessels should import 115,000 metric tonnes of refined petroleum products.
At the conversion complaint of 1,341 litres per metric tonne, the marketers are importing astir 154.22 cardinal litres of petrol.
Depots hike substance prices
Legit.ng earlier reported that Petroleum merchandise prices person increased pursuing the halt successful the naira-for-crude woody betwixt the Nigerian National Petroleum Company Limited (NNPC) and home refineries, including the Dangote Refinery.
The six-month woody ensured a dependable proviso of petroleum products from the Dangote and different home refineries, starring to a important simplification successful petroleum merchandise prices.
Analysts accidental the deal’s illness volition erode the gains achieved successful the downstream petroleum manufacture since President Bola Tinubu removed the subsidy connected May 29, 2025.
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Source: Legit.ng