Nigeria imported about 61.7 million barrels of crude oil from the United States between January 2024 and January 2026, underscoring the country’s growing reliance on foreign feedstock to support domestic refining despite being a major oil producer.

This is despite the fact that Nigeria exported over 300 million barrels of crude in the first 10 months of 2025 and 55.

39 million barrels in January and February 2026.

Data obtained from the US Energy Information Administration showed that crude exports from the United States to Nigeria surged during the period, marking a sharp reversal from nearly a decade of negligible crude trade flows between both countries.

Before 2024, American crude shipments to Nigeria were virtually non-existent.

The only notable supply recorded within the period was in March 2016, when exports averaged just 19,000 barrels per day, translating to about 0.589 million barrels for the entire year.

However, the trade pattern changed significantly in 2024, coinciding with the commencement of operations at the Dangote refinery, which industry observers said has emerged as the primary buyer of US crude to supplement domestic supply constraints.

The EIA reports its data in thousands of barrels per day, meaning the daily figures must be multiplied by the number of days in each month to derive the total monthly volume.

For 2024, data available for January to June indicated that Nigeria imported a total of 15.701 million barrels from the United States within six months. In January, imports averaged 125,000 barrels per day, translating to 3.87 million barrels. February recorded 110,000 barrels per day or 3.19 million barrels, while March fell to 51,000 barrels per day, amounting to 1.58 million barrels.

Imports rose again in April to 67,000 barrels per day, representing 2.01 million barrels, before dropping to 35,000 barrels per day in May, equivalent to 1.08 million barrels. June recorded the highest inflow for the year at 132,000 barrels per day, which translated to 3.96 million barrels.

The volume increased further in 2025, which accounted for the largest share of the two-year imports. Between February and December 2025, Nigeria imported 41.06 million barrels of US crude.

According to the EIA, the year started with 111,000 barrels per day in February and climbed steadily in the following months.

Imports peaked in June 2025 at 305,000 barrels per day, the highest monthly rate in the dataset, delivering about 9.15 million barrels within 30 days. Another strong inflow was recorded in August at 201,000 barrels per day, equivalent to 6.23 million barrels.

However, the supply slowed sharply towards the end of the year. Imports dropped to 12,000 barrels per day in November, translating to just 0.36 million barrels, before slightly rising to 23,000 barrels per day or 0.71 million barrels in December.

For 2026, data available for January showed that Nigeria imported 159,000 barrels per day, amounting to 4.93 million barrels.

A breakdown of the figures showed that the combined total for 2024, 2025 and January 2026 stood at 61.685 million barrels, which rounds up to 61.7 million barrels.

The development highlights a paradox in Nigeria’s oil sector, where the country exports large volumes of crude oil but still struggles to supply enough feedstock to domestic refineries.

For decades, Nigeria relied heavily on importing refined petroleum products such as petrol and diesel due to limited refining capacity. The commissioning of the Dangote refinery in 2024 shifted the pattern, with the country now importing crude oil for local processing instead of finished fuels.

Aliko Dangote once said the imports from the United States were largely driven by the need to bridge the gap between domestic crude supply and the refinery’s operational requirements.

The Dangote facility, one of the world’s largest single-train refineries, requires substantial daily feedstock to run at optimal capacity, needing over 19 million barrels monthly.

Sources told our correspondent that the Dangote refinery imports crude from Ghana and other African countries even as the country sells crude to other countries.

Data from the Central Bank of Nigeria showed that Nigeria exported an estimated 306.7 million barrels of crude oil between January and October 2025, despite concerns over feedstock shortages faced by domestic refineries.

The figures indicated that while the country produced about 443.5 million barrels during the 10-month period, averaging roughly 1.45 million barrels per day, a significant portion of the output was shipped overseas.

Cumulatively, exports between January and October represented about 69 per cent of total production, leaving roughly 137 million barrels for domestic use.

Similarly, Nigeria exported 55.39 million barrels of crude oil in the first two months of 2026 even as the Dangote refinery continues to struggle with inadequate domestic feedstock supply.

According to CBN data, the country shipped out 31.31 million barrels in January and 24.08 million barrels in February.

In January, crude production averaged 1.46 million barrels per day with exports at 1.01 mbpd. In February, production fell to 1.31 mbpd while exports averaged 0.86 mbpd. Total crude production for the two months stood at 81.94 million barrels, meaning that 26.55 million barrels were left behind for local refineries in the first two months of 2026.

On several occasions, the Dangote refinery complained of low crude supply despite the naira-for-crude arrangement, forcing it to source feedstock from the United States and other countries, including Ghana.

Also, the Crude Oil Refiners Association of Nigeria lamented that some modular refineries under its umbrella shut down intermittently due to inadequate crude supply.

By David Torough, Abuja

The Federal Government has filed a 13-count charge before the Federal High Court in Abuja against six individuals, including two retired senior military officers and a serving police inspector, over an alleged plot to wage war against Nigeria and commit acts of terrorism.

The defendants—retired Major General Mohammed Gana, retired Naval Captain Erasmus Victor, Inspector Ahmed Ibrahim, Zekeri Umoru, Bukar Goni, and Abdulkadir Sani—are scheduled to be arraigned on Wednesday, April 22, before Justice Joyce Abdulmalik.

Also listed in the charge, but said to be at large, is a former Minister of State for Petroleum Resources, Timipre Sylva.

The charge, filed on Monday by the Office of the Attorney-General of the Federation and signed by the Director of Public Prosecutions, Rotimi Oyedepo (SAN), accuses the defendants of offences ranging from treason and terrorism to failure to disclose security intelligence and money laundering linked to terrorism financing.

The prosecution alleged that the defendants conspired in 2025 “to levy war against the state to overpower the President of the Federal Republic of Nigeria,” an offence punishable under Section 37(2) of the Criminal Code.

The Federal Government further alleged that the defendants had prior knowledge of a planned treasonable act involving one Colonel Mohammed Alhassan Ma’aji and others but failed to alert authorities.

According to the charge, the defendants, “knowing that a treasonable act was intended to be committed, did not give information thereof with all reasonable despatch to either the President… or a peace officer.”

They were also accused of failing to take preventive steps, as the charge stated that they “did not use any reasonable endeavours to prevent the commission of the offence.”

Beyond treason, the defendants are facing terrorism-related charges under the Terrorism (Prevention and Prohibition) Act, 2022. Prosecutors alleged that they “conspired with one another to commit an act of terrorism in the Federal Republic of Nigeria.”

Inspector Ahmed Ibrahim and Zekeri Umoru were specifically accused of attending meetings linked to the alleged plot, “in a bid to further a political ideology which may seriously destabilise the constitutional structure of the Federal Republic of Nigeria.”

The charge also accused the defendants of providing support for terrorism, alleging that they “knowingly and indirectly rendered support” to facilitate acts of terror.

In addition, the prosecution alleged deliberate suppression of intelligence, stating that the defendants “had information which would be of material assistance in preventing the commission of the act of terrorism, but failed to disclose the information to the relevant agency as soon as practicable.”

On the financial aspect, several defendants were accused of handling funds linked to terrorism financing, in violation of the Money Laundering (Prevention and Prohibition) Act, 2022.

Bukar Kashim Goni allegedly “indirectly retained the aggregate sum of N50,000,000, which forms part of the proceeds of an unlawful act, to wit: terrorism financing,” while Abdulkadir Sani allegedly retained N2m from a similar source.

Zekeri Umoru, according to the charge, “without going through a financial institution accepted a cash payment of the sum of N10,000,000,” and also retained an additional N8.8m suspected to be proceeds of terrorism financing.

Inspector Ahmed Ibrahim was also accused of taking possession of “the sum of N1,000,000, being part of proceeds of terrorism financing.”

The case is expected to test the Federal Government’s resolve to prosecute alleged threats to national security as proceedings commence before the Federal High Court in Abuja.

In October 2025, the Federal Government announced the cancellation of a ceremonial parade earlier scheduled to mark Nigeria’s 65th Independence Anniversary on October 1.

Days after the announcement, reports emerged linking the cancellation to an alleged coup plot. However, the Defence Headquarters dismissed the claims, insisting that the decision had no connection with any coup attempt.

Later that month, on October 31, authorities confirmed that 16 military officers had been arrested in the first week of October over the alleged plot, while two others were declared at large.

In January 2026, the Defence Headquarters confirmed that there was indeed a plan to overthrow President Bola Ahmed Tinubu.

The Director of Defence Information, Samaila Uba, said investigations carried out in line with military procedures uncovered the involvement of some personnel in the alleged coup plot.

Uba added that those implicated would be arraigned before appropriate military judicial panels.

In March, family members of the detained officers appealed to President Tinubu to ensure that the suspects were tried in an open court.

At a press conference in Abuja, wives and relatives of the detained officers also demanded access to the accused, whom they described as alleged coup masterminds.

The agitation continued in April, as families of the detained officers staged a protest at the entrance of the National Assembly, calling for a speedy trial and improved access to their relatives in custody.

By Tony Obiechina and Raphael Atuu, Abuja

President Bola Tinubu has approved a minor reshuffle of the Federal Executive Council, removing Wale Edun as Minister of Finance and Coordinating Minister of the Economy, alongside Ahmed Muda Dangiwa as Minister of Housing and Urban Development.

The decision was conveyed in a memo issued by the Secretary to the Government of the Federation, George Akume, and announced through the Office of the SGF’s media adviser on Tuesday.

According to the directive, Taiwo Oyedele, who previously served as Minister of State for Finance, has been elevated to assume the role of Minister of Finance and Coordinating Minister of the Economy.

Meanwhile, Dr. Muttaqha Rabe Darma has been appointed as Minister-designate for Housing and Urban Development.

Both outgoing ministers have been instructed to conclude handover processes to their successors or supervising officials no later than the close of business on Thursday.

Explaining the rationale behind the reshuffle, Akume said the move is part of ongoing efforts to reposition the administration for improved performance.

“These changes are aimed at strengthening cohesion, synergy in governance, as well as achieving more impactful delivery on the economy to Nigerians through the Renewed Hope Agenda,” he stated.

He added that the President acted within his constitutional authority under Sections 147 and 148 of the 1999 Constitution (as amended).

The Presidency also expressed appreciation to the outgoing ministers for their service, noting that cabinet reinvigoration would remain a continuous process aimed at enhancing governance outcomes.