Business
Nigerians Consumed 56.74m Litres Of Petrol Daily In October – NMDPRA
Nigerians consumed 56.74 million litres of Premium Motor Spirit (PMS) daily in the month of October, according to a factsheet released on Friday by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The factsheet showed that 27.6million litres of the production were imported while 17.08million litres were produced by local refineries.
It also disclosed that an average of 661.5 million litres of PMS was consumed in the one year period from October 2024 to October 2025.
The report further stated that 44.7 million litres of the product were supplied to the market daily in the month.
The factsheet also showed that the average consumption of PMS peaked in October, followed by the month of November 2024 with 56 million litres and April with 55.2 million litres.
It noted that during the period, only the Dangote Refinery produced 18.03 million litres of PMS per day against a planned capacity of 35 million litres.
The three refineries operated by the Nigerian National Petroleum Compamy Limited (NNPCL) did not record any PMS production, as they were all under closure.
In addition, Nigerians also consumed 17.13 million litres of diesel daily in October, while 2.61 million litres/day of aviation fuel were consumed, with Liquefied Petroleum Gas consumption put at 6,095 MT/day.
The NMDPRA said the factsheet is important as “the verified data underscores Nigeria’s strategic transformation in the energy sector, emphasizing reduced imports, strengthened domestic production, job creation, safety improvements, and economic stability. Nigeria is proactively securing a brighter energy future.”
-
News4 hours agoIG Didn’t Order Officers To Shoot Criminals On Sight – Police
-
News4 hours agoJonathan, Osinbajo Met With Militants, Who Will Engage Boko Haram? – Gumi
-
News4 hours agoNorth Has Lost Its Values – Ango Abdullahi
-
Sports20 hours agoArsenal exploring deal for Real Madrid winger Vinicius Junior
-
News4 hours agoMary Habila’s death in Umahi’s house suspicious — Southern Kaduna lawyers
-
Opinion4 hours agoCrime And No Punishment
-
Metro4 hours agoDelta: Suspected Cultist Allegedly Shoots Colleague Who Renounced Membership
-
News4 hours agoKwara: Community Laments Silence Over 176 Victims Held By Kidnappers
