Local Refinery Under Fire: PETROAN Alleges Importation of Substandard Crude

In an effort to cut expenses, some local refineries are bringing in inferior crude, according to the Petroleum Products Retail Outlet Owners Association of Nigeria.

Billy Gillis-Harry, PETROAN’s national president, told reporters this on Friday.

Without providing the refinery’s name, he stated, “It is true that some local refineries are importing substandard crude into Nigeria.”

PETROAN’s representative has previously claimed that some Nigerian refineries were bringing in inferior crude.

He claims that when the federal government suspended the naira-for-crude agreement on March 19, 2025, Nigeria began importing crude oil of poor quality.

“Some refineries are importing substandard crude into the country. They do this to cut costs following the stoppage of the naira-for-crude deal. We are not going to mention any particular refinery, but when those concerned see the report, they will make corrections.

“Many may not know there is substandard crude. Any crude oil with high sulphur content does not meet the global standard.”

Dangote Refinery reportedly declared on Wednesday, March 19, 2025, that the sale of petroleum products in Naira would be suspended.This comes after Nigerian National Petroleum Company Limited’s naira-for-crude sale agreement with the federal government came to a standstill.

As a result, gas marketers and merchants declared that, depending on the area, fuel prices would now range from N925 to N975 per liter.

This is because Dangote Refinery’s filling partners, MRS, increased the price of gasoline from N860 to N880 per liter in Lagos and Abuja to between N925 and N950.

Fuel prices at NNPC retail locations in Lagos and Abuja were formerly N860 and N880 per liter, however they recently went up to N925 and N950.

Source: DAILY POST

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