Nigeria must blend imports and local production to meet 66m-litre daily fuel demand in the country, the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), has said.
The Executive Secretary, DAPPMAN, Olufemi Adewole, who said this yesterday in a position paper titled, 'Strengthening Nigeria's Energy Security Through Market Transparency' hinted that technical maintenance on the Residue Fluid Catalytic Cracker (RFCC) temporarily impacted output levels in early 2025.
He said: "While such operational adjustments are expected in large-scale refining, they highlight an important reality: Nigeria's energy security cannot rest on a single supply source, irrespective of scale."
According to him, recent vessel-tracking data confirms ongoing arrivals of refined products and blending components across terminals nationwide.
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Emphasising that co-existence of domestic production and international product inflows should be seen as complementary, he said both remain essential to meet the country's daily domestic consumption of fuel.
He maintained that sustainable price stability and supply security are best achieved through fair competition within a level regulatory environment.
He advocated a framework in which all participants, refiners, importers, and marketers alike operate under consistent standards.
He explained that such an approach promotes efficiency, encourages investment, and ultimately delivers better outcomes for Nigerian consumers through competitive pricing.
He added: "As an association responsible for approximately 60% of petroleum product distribution nationwide, DAPPMAN remains fully committed to working with domestic refiners, regulators, and government institutions to ensure that growing local refining capacity delivers real benefits at fuel stations across Nigeria.
"We look forward to continued collaboration as the country builds a transparent, resilient, and robust petroleum products market that serves the needs of all Nigerians."