Three modular refineries now producing 648,000 litres of diesel daily in Nigeria

By

Nigeria's diesel market is shifting. Three modular refineries are now supplying a combined 648,000 litres of Automotive Gas Oil (AGO) daily. They are emerging as new competitors to larger players, including Dangote Refinery.

This is according to performance data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reviewed by Petroleumprice.ng. The data covers May 2026.

Edo Refinery leads in efficiency

Edo Refinery posted the highest capacity utilisation rate at 91.66 per cent. It produced an average of 80,000 litres of diesel daily. All of its output went to the domestic market. This made it the most efficiently utilised modular refinery in Nigeria for the period.

Aradel Refinery is biggest producer

Aradel Refinery operated at 62.94 per cent capacity utilisation. It produced about 341,000 litres of diesel per day. Of that, 326,000 litres were sold within Nigeria. This makes Aradel the single largest contributor to local diesel supply among modular refineries.

Waltersmith Refinery also strong

Waltersmith Refinery operated at 65.31 per cent capacity utilisation. It produced about 296,000 litres of diesel daily. Some 242,000 litres were supplied to the Nigerian market. This reinforces its role as one of the country's most reliable modular refining operators.

The performance shows the modular sector's potential to reduce Nigeria's reliance on imported diesel, despite shutdowns at some other refineries.

Forex News

Naira gains as FX turnover hits $1.5bn in single day, CBN Cardoso credits reforms
ABOKI FOREX
Nigeria Launches Atlas Network to Lead Africa's Homegrown AI Push
ABOKI FOREX
Bosun Tijani Foundation Opens Gen AI Fellowship Cohort 2 with N50,000 Monthly Stipend for Nigerian Youths
ABOKI FOREX
FG Launches YouthCred Loan Scheme: N5,000 to N5 Million for NYSC Members, Salaried Workers, Entrepreneurs
ABOKI FOREX
Young Nigerian founders can now apply for iDICE N10 million startup scheme
ABOKI FOREX
Okada fares surge 130% in three years under Tinubu, NBS data shows
ABOKI FOREX
19 countries outside Africa Nigerians can visit without a visa in 2026
ABOKI FOREX
Single-day $1.5bn FX transaction lifts naira as market turnover surges
ABOKI FOREX
Dangote refinery resumes naira sales, hikes ex-depot price to N1,215 per litre
ABOKI FOREX
Naira falls to N1,413/$ in parallel market as official rate strengthens
ABOKI FOREX