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Nigeria Becomes Net Petrol Exporter With Sale of 44,000b/d

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Nigeria Becomes Net Petrol Exporter With Sale of 44,000b/d

14 Apr, 2026

In March 2026, Nigeria became a net exporter of premium motor spirit (PMS), otherwise known as petrol, with Dangote Petroleum Refinery and Petrochemicals exporting 44,000 barrels per day (b/d) of the product. This allowed the country to earn fresh foreign exchange (FX) to help boost the value of the Nigerian Naira in the currency market, which, in turn, will strengthen the economy......................... READ MORE