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Local petrol production hits 48m ltrs per day – FG (opens original article in a new tab)

TL;DR

Nigeria's federal government reported that local petrol production reached 48 million litres per day in 2026, up from near zero in 2023, with significant reductions in petrol imports and increased crude oil production.

  • Local petrol production increased to 48 million litres per day in 2026 from near zero in 2023
  • Petrol imports dropped from N2.3 trillion to under N90 billion in one year
  • Crude oil production averaged 1.64 million barrels per day in 2025
  • Federation revenue rose to N21 trillion in 2024 from N12 trillion in 2023

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