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Nigeria Imported 28.9bn Litres Of Petrol In 2019 – NBS

Nigeria Imported 28.9bn Litres Of Petrol In 2019 – NBS   The National Bureau of Statistics (NBS) on Wednesday reported that Nigeria imported 28.9bn litres of Premium Motor Spirit (PMS) petrol in 2019. The bureau gave this figure in its Petroleum Products Imports and Consumption (Truck out)...

Nigerians Consumed 1.2bn Litres Of Petrol In 30 Days – NNPC

Nigerians Consumed 1.2bn Litres Of Petrol In 30 Days - NNPC     Nigerians consumed about 1. 2 billion litres of petrol in January, with a daily utilisation rate of 38.6 million, a report by the Nigerian National Petroleum Corporation (NNPC), has shown. The corporation also announced that...

Refineries Produced No Petrol In Eight Months – NNPC

Refineries Produced No Petrol In Eight Months – NNPC     No drop of petrol or kerosene was produced by any of the refineries under the management of the Nigerian National Petroleum Corporation for eight straight months. Latest figures released by the NNPC on refined white products (petrol...

Why NNPC Ex-depot Price Cut May Not Affect Petrol

Why NNPC Ex-depot Price Cut May Not Affect Petrol     Though the Nigerian National Petroleum Corporation (NNPC) yesterday reduced ex-depot price of petrol from N113.28k per litre to N108.00k per litre across its products loading facilities, the reduction may not be reflected at filling stations. A letter...

Petrol Price Could Further Drop By N8/litre – Marketers

Petrol Price Could Further Drop By N8/litre – Marketers   The pump price of petrol could drop further by between N5 and N8 per litre, operators in the downstream oil sector have said. According to oil marketers, the crash in crude oil price warranted the recent slashes...

Nigeria Has 2.68bn Litres Of Petrol In Stock, NNPC Says

Nigeria Has 2.68bn Litres Of Petrol In Stock, NNPC Says   The Nigerian National Petroleum Corporation (NNPC) yesterday, said the country has nothing less than 2.68 billion litres of Premium Motor Spirit (PMS) or petrol in-country and marine storage to meet daily demand in the country. Allaying...