Nigeria imported 20.3bn litres of petrol in 2023 – NBS

The National Bureau of Statistics (NBS) said on Tuesday Nigeria imported 20.3 billion litres of Premium Motor Spirit (PMS) also known as petrol in 2023.

The NBS stated this in its Petroleum Products Distribution Statistics for 2023 released in Abuja.

The bureau added that the figure was 13.77 percent lower than the 23.5 billion litres recorded in 2022.

It added that the country imported 4.94 billion litres of Automotive Gas Oil (AGO) also known as diesel during the period.

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The report read: “This indicated a 23. 66 percent increase compared to the 4.00 billion litres recorded in 2022.

“PMS truck out stood at 20.22 billion litres in 2023, indicating a 16.96 percent decrease when compared to 24.35 billion litres recorded in 2022.”

The NBS revealed that 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.” It concluded.

The post Nigeria imported 20.3bn litres of petrol in 2023 – NBS appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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