Key points Main story Nigeria’s domestic refining sector left an estimated $3.13 billion worth of crude oil unutilised in the first quarter of 2026, exposing growing inefficiencies in the country’s crude supply framework despite regulatory efforts to boost local refining capacity. Analysis of data released by the Nigerian Upstream Petroleum Regulatory Commission showed that crude … Continue reading Domestic refiners leave $3.13bn crude unlifted amid pricing disputes, supply bottlenecks