President Bola Tinubu says his administration is committed to rehabilitating Nigeria’s refineries and expanding domestic refining capacity to strengthen energy security and reduce the country’s dependence on imported petroleum products.
The President’s position was highlighted at the OTL African Downstream Energy Week in Lagos, where policymakers and industry regulators called for stronger domestic refining, improved energy infrastructure and effective petroleum governance to cushion Nigerians against global supply disruptions and rising energy costs.
The President represented at the event reaffirmed his administration’s commitment to strengthening local refining and securing Nigeria’s petroleum supply.
NMDPRA Chief Executive, Mallam Rabiu Abdullahi Umar, says domestic refineries now supply three out of every four litres of petrol consumed in Nigeria. He also announced a revised Gas Transportation Code to improve efficiency and investment.
Representatives of the Speaker of the House of Representatives, the Lagos State Governor and the NUPRC Commission Chief called for stronger petroleum governance, cleaner energy solutions and increased domestic refining, with local refineries receiving over 127 million barrels of Nigerian crude between January and September 2026.
Stakeholders at the 20th OTL African Downstream Energy Week have called for stronger domestic refining, effective regulation, and cleaner energy solutions to improve energy security and cushion Nigerians against global supply disruptions.
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(Editor: Ebuwa Omo-Osagie)
