Domestic Refineries Were Doing Well — Until They Weren’t
By: Abudu Olalekan For the first few months of 2026, things were actually looking promising. Petrol imports had been dropping steadily. In January, imported fuel accounted for about 24.8 million litres per day — a huge number. By February, that had crashed to just 3 million litres per day. Local refineries were picking up the…