World Bank clarifies fuel import recommendation after backlash

The World Bank Group clarified its stance on fuel imports in Nigeria following criticism of its April 2026 Nigeria Development Update, released on April 7. The bank stated its recommendation to allow Premium Motor Spirit imports should be seen within a broader policy context, acknowledging that such guidance might conflict with global energy security efforts. This clarification comes amid growing criticism, including from social media activist Dan Bello, and after the bank reportedly removed the webpage hosting the report. The World Bank emphasized its position is not a blanket endorsement of fuel importation but part of a strategy linked to market reforms and consumer protection. It highlighted the need for targeted support for vulnerable people through a social safety net system. The bank added that any move towards fuel import liberalization must be managed carefully to avoid undermining national energy security, especially with fragile global supply chains due to geopolitical tensions. It reiterated that reforms in Nigeria’s downstream petroleum sector should be gradual and structured, aiming for a competitive retail market for Premium Motor Spirit with a well-sequenced implementation strategy. The bank acknowledged efforts by the Federal Government of Nigeria and the Nigerian private sector to safeguard fuel supply. The World Bank previously indicated that imported petrol is about 12 percent cheaper than fuel from the Dangote Petroleum Refinery, noting that the Dangote r