As per NBS, Nigeria imported 20.30 billion liters of gasoline in 2023

 

As per NBS, Nigeria imported 20.30 billion liters of gasoline in 2023

This was included in the Petroleum Products Distribution Statistics for 2023 that the NBS released on Tuesday in Abuja. According to the National Bureau of Statistics (NBS), imports of Premium Motor Spirit (PMS), commonly referred to as gasoline, totaled 20.30 billion liters in 2023. This was included in the Petroleum Products Distribution Statistics for 2023 that the NBS released on Tuesday in Abuja.

According to the research, the 20.30 billion liters of PMS reported in 2023 represented a 13.77% decline from the 23.54 billion liters recorded in 2022. According to the research, 4.94 billion liters of automotive gas oil, or AGO, generally referred to as diesel, were imported in 2023. When compared to the 4.00 billion liters recorded in 2022, this showed a 23.66 percent growth.

According to the data, PMS truck outflow in 2023 was 20.22 billion liters, a 16.96% drop from the 24.35 billion liters recorded in 2022. According to the report, domestic production of household kerosene (HHK) increased to 69.71 million liters in 2023 from 44.68 million liters in 2022. “Over the period, the figure indicates a growth rate of 56.02%.” According to the data, 2023 saw 109.39 million liters of diesel produced locally, which represents a 6.76% rise over the 102.47 million liters recorded in 2022.

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