Oil
Refineries received 127 million barrels of crude in nine months – NUPRC
CEII brief
Punch reported on 26 Oct 2026: Refineries received 127 million barrels of crude in nine months – NUPRC.
Read the full story on PunchNigerian domestic refineries received over 127 million barrels of crude oil between January and September 2026, the NUPRC has disclosed.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © Punch. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
