Nigerian Oil Refiners Demand End to Fuel Imports, Seek Guaranteed Crude Supply

Nigeria's oil refiners are calling for an end to petroleum-product imports and guaranteed access to local crude, warning that continued fuel imports undermine efforts to retain more value from the country's black gold.

The Crude Oil Refinery Owners Association of Nigeria (CORAN), Independent Petroleum Producers Group (IPPG), and Dangote Refinery emphasized that the next phase of the petroleum-sector transformation must be driven by stronger upstream production to support expanding domestic refining capacity.

CORAN Chairman Momoh Oyarekhua said Nigeria had moved from discussing becoming a net exporter of petroleum products to a stage where domestic refining is increasingly transforming the country's fuel supply landscape.