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Nigerians Used 1.74 Billion Litres Of Petrol In August
In August, the Petroleum Products Pricing Regulatory Agency said about 1,735,624,740 litres of Premium Motor Spirit (petrol) was distributed nationwide. From the analysis, the volume of PMS supplied across the country in the month of August showed a decrease of about 132,301,071 litres when compared to the 1,867,925,811 litres supplied in the month of July.…
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Petrol Consumption Hit 340m Liters
New figures released by the Nigerian National Petroleum Corporation has shown, petrol consumption in Nigeria has risen by 340 million litres in a month. The data contained in its March 2021 financial and operations report. According to the report, the oil firm said 1.75 billion litres of petrol was consumed in March 2021. This is…
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Lagos, Ebonyi and Niger Paid More To Get Petrol In March
The National Bureau of Statistics (NBS) has reported that residents of Lagos, Ebonyi, and Niger states paid the highest amount for Premium Motor Spirit, popularly known as petrol in March 2021. The NBS said this in its “Premium Motor Spirit (Petrol) Price Watch for March 2021’’. According to the report, Lagos residents paid N200.87, Ebonyi…
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Petrol Imports Gulped N2.11tn In 2020
The amount spent on the importation of Premium Motor Spirit (petrol) rose to N2.11tn in 2020– a 17.54 percent increase against the previous year. According to the data obtained from the National Bureau of Statistics, the country spent N1.71tn on petrol imports in 2019, down from N2.95tn in 2018. The data also showed that petrol…
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REPORT: Price of Petrol Increased in 2020
The average price paid by consumers for premium motor spirit (petrol) increased within twelve months in 2020. The National Bureau of Statistics in its latest report revealed that petrol was sold between a minimum of N130 and N167 from January to December 2020. In the first quarter of the year in view, petrol was sold…