Major fuel importers in Nigeria have confirmed receiving fresh import licences from the Federal Government for the importation of petroleum products in the third quarter of 2026 (July to September).
The development was announced on Wednesday, providing assurance of continued fuel supply as the country balances local refining output with imports.
This latest approval allows licensed importers to bring in Premium Motor Spirit (PMS), also known as petrol, along with other essential petroleum products. It is expected to help prevent fuel scarcity and stabilize supply, especially during peak demand periods.
Despite the commencement of operations at the Dangote Refinery, Nigeria still relies on imports to meet a significant portion of its domestic fuel needs. The fresh licences reflect the government’s strategy to maintain adequate supply while local refining capacity continues to ramp up.
Industry stakeholders have welcomed the move, noting that it will support smoother distribution and reduce the risk of long queues at filling stations.
The Federal Government had earlier deregulated the downstream petroleum sector, allowing market forces to determine pricing. The continued issuance of import licences demonstrates a pragmatic approach to ensuring energy security during the transition period.
As the third quarter begins, Nigerians are hopeful that the combination of local production and approved imports will lead to more consistent fuel availability and price stability nationwide.
