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Nigeria’s Petrol Imports Soar After Import Duty Suspension

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Nigeria has seen a significant surge in petrol shipments, with around 149,500 metric tonnes of Premium Motor Spirit — equivalent to 194.35 million litres — arriving or expected between Friday, 21 November, and Tuesday, 25 November 2025, according to the Nigerian Ports Authority (NPA).

The increase follows the Federal Government’s postponement of a 15 per cent ad valorem import duty on petrol and diesel.

The tariff, approved in October by President Bola Tinubu to support domestic refineries and stabilise the downstream market, was expected to raise pump prices but has now been deferred until the first quarter of 2026.

Recent NPA shipping data shows Tincan Island Port received the largest share of imports, with 58,500 metric tonnes handled over two days.

Calabar Port accounted for 46,000 metric tonnes, while Warri Port recorded 45,000 metric tonnes.

At Tincan Island’s Kirikiri Lighter Terminal, 28,000 metric tonnes were discharged on Friday, 20,500 metric tonnes on Saturday, and 10,000 metric tonnes through another terminal phase.

Calabar Port is expected to receive 16,000 metric tonnes on Monday and 30,000 metric tonnes on Tuesday, while Warri Port received 15,000 metric tonnes on Friday and 30,000 metric tonnes on Saturday.

The surge comes as petroleum marketers respond to the Dangote Refinery’s recent ₦49-per-litre reduction in petrol gantry prices, which has intensified competition in the downstream sector.

With the import duty now suspended, dealers have rushed to bring in additional cargoes, driving the rise in fuel arrivals across Nigeria’s ports in recent days.

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