The National Bureau of Statistics (NBS) says 20.30 billion litres of Premium Motor Spirit (PMS), otherwise known as petrol, was imported in 2023.
The NBS disclosed this in its Petroleum Products Distribution Statistics for 2023 released on Tuesday, October 1, 2024.
The bureau said the figure of 20.30 billion litres of petrol recorded in 2023 amounted to a decrease of 13.77 per cent compared to the 23.54 billion litres recorded in 2022.
For Automotive Gas Oil (AGO), also known as diesel, the NBS disclosed that 4.94 billion litres were imported in 2023.
“This indicated a 23. 66 per cent increase compared to the 4.00 billion litres recorded in 2022,” it stated.
CBN: Petrol lifting from Dangote refinery’ll ease transport costs, food prices
The NBS noted that petrol truck out stood at 20.22 billion litres in 2023, indicating a 16.96 per cent decrease when compared to 24.35 billion litres recorded in 2022.
It said 69.71 million litres of Household Kerosene (HHK) were locally produced in 2023 compared to 44.68 million litres in 2022.
“The figure indicates a growth rate of 56.02 per cent over the period,” the bureau added.
For diesel, the NBS stated that 109.39 million litres were locally produced in 2023, indicating an increase of 6.76 per cent compared to the 102.47 million litres recorded in 2022.
- CBN sells $543m to banks in September - October 5, 2024
- Rivers LG election: Police actions conform with court order, says IGP - October 5, 2024
- Tinubu makes U-turn, confers GCON on Reps Speaker Abbas - October 4, 2024
