World Bank clarifies petrol import recommendation, asks Nigeria to adopt phased PMS reforms
The World Bank Group says Nigeria should prioritise fuel supply stability and targeted social support, even as it considers long-term reforms to the premium motor spirit (PMS) market.
In its April 2026 Nigeria Development Update released on April 7, the World Bank included a recommendation on allowing PMS imports.
In a clarification, the institution said such reforms must be carefully sequenced to avoid undermining energy security.
The cable
