• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, September 8, 2026
  • 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

Finance bill 2027, a wake-up call to free trade zone stakeholders

ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY

Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

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

Japan’s Sumitomo opens third plant in Phnom Penh’s SEZ
Economy/Technology

Finance bill 2027, a wake-up call to free trade zone stakeholders

August 30, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY

August 28, 2026
Southeast, Southwest worry over Atiku’s six-year policy plan
Economy/Technology

Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

August 25, 2026
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Tinubu’s era most peaceful period in Nigeria’s tertiary education since 1999 – TMSG

August 17, 2026
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

Military gets pay rise

August 5, 2026
Police nab 233 officers for graft
News

Nigeria marches toward state police

August 4, 2026
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

How NNPC is solving lingering petrol scarcity

Petroleum Deregulation will increase transparency in downstream – Official

October 24, 2022
NASCO inaugurates Naira Cornflakes plant

NASCO inaugurates Naira Cornflakes plant

June 23, 2022
IMF raises alarm over Nigeria’s economy, but supports reform efforts

FG allocates 50% intervention initiative to boost women businesses

September 14, 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
  • NCC sets fresh operational fees, spectrum prices for telecom operators

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

    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

  • Finance bill 2027, a wake-up call to free trade zone stakeholders
  • ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY
  • Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

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