• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Monday, June 2, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Nigeria imports 11.94 billion litres of petrol in first half 2023

Petrol

The Matters Press by The Matters Press
February 21, 2024
Reading Time: 1 min read
0
Stable petrol supply excites Buhari

Petrol tankers

Abuja, Feb. 21, 2024: The National Bureau of Statistics says 11.94 billion litres of Premium Motor Spirit (PMS) also known as petrol were imported in the first half of 2023.

RELATED POSTS

Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling

Tinubu explains mission as he marks second year in office

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

The NBS stated this in its Petroleum Products Distribution Statistics for Half Year 2023 released in Abuja on Wednesday.

The report said the figure of 11.94 billion litres of PMS reported in the first half of 2023 amounted to an increase of 3.29 per cent compared to the 11.56 billion litres recorded in the first half of 2022.

It noted that 2.83 billion litres of Automotive Gas Oil (AGO) also known as diesel were imported in the first half of 2023.

“This indicates an increase of 49.72 per cent compared to the 1.89 billion litres recorded in the first half of 2022.”

The report noted that PMS truck out stood at 11.48 billion litres in the first half of 2023, indicating a 5.83 per cent decrease when compared to 12.19 billion litres recorded in the first half of 2022.

It said 26.07 million litres of Household Kerosene (HHK) were locally produced in the first half of 2023 compared to 22.33 million litres in the first half of 2022.

“The figure indicates a growth rate of 16.79 per cent over the period. ”

For diesel, the report said that 55.48 million litres were locally produced in the first half of 2023, indicating a 10.54 per cent increase compared to the 50.19 million litres recorded in the first half of 2022.

“This shows a growth rate of 10.54 per cent in the first half of 2023 compared to the corresponding period in 2022,” report said.

Tags: Petrol
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Senate probes $3.5b with NNPC
Economy/Technology

Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling

May 30, 2025
Nigerians to own brand new vehicles, goods through new credit scheme initiative
Economy/Technology

Tinubu explains mission as he marks second year in office

May 29, 2025
Chevron, NNPC secure $1.4bn for drilling project
Economy/Technology

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

May 26, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

May 24, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

May 22, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

May 21, 2025
Next Post
NNPCL joins controversy surrounding petrol price increase

Diesel price stands at N1153 in January 2024

NERC declares meters free under mass scheme

Manufacturers worry over epileptic power supply

Recommended Stories

22 African nations in debt crisis

Ethiopia becomes third African state to default on sovereign debt

December 27, 2023
Make cash accessible, remove obstacles —stakeholders plead

Money lenders back Nigeria’s sanitisation of Digital Lending Space

July 15, 2023
Nigeria’s non-oil revenue grew above target by 15.7%

Expert identifies how to utilise N1.9tn revenue

July 23, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling
  • Tinubu explains mission as he marks second year in office
  • Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us