Close Menu
  • Home
  • Latest News
  • Top stories
  • Local News
  • Politics
  • Business
  • Entertainment
  • More
    • Sports
    • Nollywood
    • Tech
    • Editorial
    • Health
    • World
    • Lifestyle
  • Africa
    • Kenya
    • Nigeria
    • South Africa
Sports

GPL 2026-27: Kwesi Appiah sends a goodwill message to Asante Kotoko

September 1, 2026

Messi Retires From Int’l Football

September 1, 2026

The 2027 GFA Presidential Race: Kurt Okraku to bid for a third term

September 1, 2026
Facebook X (Twitter) Instagram
Ghanamma.comGhanamma.com
  • Home
  • Latest News

    SolitAir adds Nigeria and Somaliland to its African cargo network

    September 1, 2026

    The Rise of the Entertainment Phone: How the REDMI 17 Is Changing the Way South Africa Stays Connected

    September 1, 2026

    In Kenya, power protects banks, rarely borrowers

    September 1, 2026

    Eastern Region: All hands must be on deck for NPP victory in 2028 – David Prah

    September 1, 2026

    8 things that surprise visitors to South Africa

    September 1, 2026
  • Top stories
  • Local News
  • Politics
  • Business
  • Entertainment
  • More
    • Sports
    • Nollywood
    • Tech
    • Editorial
    • Health
    • World
    • Lifestyle
  • Africa
    • Kenya
    • Nigeria
    • South Africa
Facebook X (Twitter) Instagram Pinterest Vimeo
Subscribe
Ghanamma.comGhanamma.com
Home»Nigeria»Femi Falana urges Nigeria to stop petrol imports
Nigeria

Femi Falana urges Nigeria to stop petrol imports

Ghana NewsBy Ghana NewsAugust 31, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Nigerian human rights lawyer and Senior Advocate of Nigeria Femi Falana has urged the federal government to stop importing petrol and supply local refineries with 450,000 barrels of crude oil that, he said, are allocated daily for domestic consumption.

As Premium Times Nigeria reports, Falana spoke on Channels Television’s Sunday Politics programme. He said that supplying feedstock to domestic processors could reduce the country’s dependence on imported petroleum products and ease economic hardship following the removal of the petrol subsidy in May 2023.

Imports and local refineries

Falana questioned the continued purchase of fuel abroad despite the operation of local refineries and Nigeria’s own crude oil reserves. According to him, fuel imports account for about 43% of domestic consumption. He also drew attention to the operations of the Dangote refinery, which supplies petroleum products to the domestic market and exports part of its output.

In August, the Nigerian Upstream Petroleum Regulatory Commission reported that domestic processors received 53.7 million barrels of crude oil and condensate in the second quarter of 2026. About 98% of the volume actually supplied to local refineries went to the Dangote plant.

More current news is available on the UA.News Telegram channel Telegram.

Reporting requirements

The lawyer said that the Nigerian National Petroleum Company must explain how the daily volume of 450,000 barrels intended for domestic consumption is used. In his view, the government should ensure that this feedstock is processed in the country rather than spending scarce foreign currency on petrol imports.

Falana also urged federal, state and local authorities to report on the use of additional revenues following the removal of the subsidy. He said that the federal government had previously budgeted approximately $10 billion a year for fuel imports, while a significant portion of the savings, according to him, is now directed toward debt servicing.

In addition, the human rights lawyer criticized the influence of the International Monetary Fund and the World Bank on Nigeria’s economic policy. He also proposed implementing the Supreme Court ruling on the direct transfer of statutory budget allocations to local government authorities.

Read us on Telegram and Sends

Download our app

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Ghana News
  • Website

Related Posts

SolitAir adds Nigeria and Somaliland to its African cargo network

September 1, 2026

Police Rescue Two Colombians ‘Lured To Nigeria And Held Captive By Chinese Nationals’

September 1, 2026

Erale Assumes Duty As 25th Commissioner Of Police In Delta – Independent Newspaper Nigeria

September 1, 2026
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Top Posts

Ghana’s One Million Coders Programme Begins ICT Trainers’ Training

September 1, 20260 Views

Prof Peprah urges MMDAs to leverage technology, build adolescent friendly cities  

August 31, 20260 Views

Innovation at Scale: Ghana’s Ed-Tech Leaders Convene to Reshape Digital Learning

August 31, 20260 Views

Sena Institute of Technology moves towards university status

August 28, 20261 Views

Ghana must tap AfCFTA for climate finance, green technology – Zanetor

August 27, 20261 Views
About Us
About Us

Ghanamma is an independent digital news platform delivering timely updates and reliable information across politics, business, technology, health, entertainment, sports, and world affairs, helping readers stay informed through trustworthy journalism and meaningful insights.

Facebook X (Twitter) Pinterest YouTube WhatsApp
World News

South Sudan’s leader sacks aides after dead man appointed

February 4, 2026

South African white separatists claim land acquired from Zulu king then lost to British

February 2, 2026

Muhoozi’s outbursts expose Uganda’s unease with funding Somalia war

February 2, 2026
Top stories

University of Ghana Attributes Fee Increases to Student Leadership Charges

January 2, 20263 Views

Sam Jonah, 3 Others Cleared Of Criminal Charges In River Park Estate Dispute In Nigeria

January 2, 20264 Views

GCNH donates health logistics to Ho Municipal Health Directorate  

January 2, 20261 Views
  • About Us
  • Contact Us
  • Cookies Policy
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
© 2026 Ghanamma. Designed by Ghanamma.

Type above and press Enter to search. Press Esc to cancel.