The Federal Government has issued fresh fuel import licences to major petroleum marketers as part of efforts to ensure a steady supply of fuel across Nigeria during the third quarter of 2026. Industry players confirmed on Wednesday that approved companies had begun receiving their permits from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), signaling preparations to avoid potential fuel shortages in the coming months.
According to sources within the downstream sector, companies including AA Rano, AYM Shafa, Pinnacle Oil, Matrix Energy, and NIPCO are among the beneficiaries of the latest approvals. While details of the exact allocations for some marketers remain undisclosed, the issuance of the licences marks a significant step in maintaining uninterrupted fuel availability nationwide amid evolving market conditions.
The development comes shortly after global energy intelligence firm Argus Media reported that the government had approved fresh imports of petrol and diesel for the July-to-September period. The decision is believed to be driven by concerns over declining fuel stock levels and a reduction in petrol output from the Dangote Petroleum Refinery, which has emerged as a key supplier to Nigeria’s domestic market. Authorities are now balancing local refining capacity with strategic imports to keep fuel flowing smoothly across the country.
Industry reports indicate that AA Rano and Matrix Energy each secured approvals to import 180,000 metric tonnes of Premium Motor Spirit (PMS), while Pinnacle Oil received clearance for 150,000 metric tonnes and AYM Shafa was allocated 120,000 metric tonnes. Other approved operators are also expected to contribute significantly to maintaining adequate fuel reserves. For diesel imports, similar approvals were granted to several companies, highlighting the government’s broader strategy to strengthen energy security.
The latest licences underscore Nigeria’s continued commitment to fuel supply stability despite ongoing reforms in the downstream petroleum sector and growing investments in local refining. With demand expected to remain strong in the coming months, industry stakeholders believe the combination of domestic production and carefully managed imports will help shield consumers and businesses from disruptions while supporting economic activities across the country.
source: punch