Tags : Petrol Consumption

Price Of Diesel, Petrol Rise In January

There are indicators that the prices of Automotive Gas Oil (diesel) and Premium Motor Spirit (petrol) are increasing in January 2021. The National Bureau of Statistics (NBS) said that the average price of Automotive Gas Oil (diesel) is N289.37 per litre as at December 31, 2021. However there are indications that the price of diesel […]Read More

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. […]Read More

Daily Fuel Consumption Jumps To 72 million litres

In the month of May, petrol consumption in the country jumped from 55.59 million litres a day in April to 72.07 million litres per day. This means that within the period, the country’s daily consumption of petrol increased by 29.65 per cent between April and May. Data obtained from the Nigerian National Petroleum Corporation monthly […]Read More

Petrol, Kerosene Prices Rose In August

Reports from the National Bureau of Statistics have revealed that the Premium Motor Spirit, Household Kerosene Price increased year-on-year in August. The Price Watch report for August 2021 by the NBS disclosed that the average price per litre paid by consumers for kerosene increased by 0.67 percent month-on-month and by 15.43 percent year-on-year to N400.01 […]Read More

Nigerians Consumed 1.67bn Litres Of Petrol In April

The Nigerian National Petroleum Corporation  has said 1.67 billion litres of Premium Motor Spirit was consumed in April 2021. This is around 55.79 million litres daily consumption rate. NNPC stated this in the April 2021 NNPC Monthly Financial and Operations Report saying it recorded N43.57billion trading surplus. This represents a 23.64 percent increase over the […]Read More