Fuel Consumption In Nigeria Falls From 67million To 48million Litres Daily After Subsidy Removal | Sahara Reporters

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The average consumption of Premium Motor Spirit, popularly called petrol, has dropped from 66.9 million litres daily to 48.4million litres since May 29 when the President Bola Tinubu-led government announced the removal of fuel subsidy. Figures from the Nigerian government agency indicated that between June 1 to June 28, 2023, which was described as the post-deregulation period, the total petrol consumption across the country was 1.36 billion litres as against 11.26billion between January and May.

July 10, 2023Figures from the Nigerian government agency indicated that between June 1 to June 28, 2023, which was described as the post-deregulation period, the total petrol consumption across the country was 1.36 billion litres as against 11.26billion between January and May.

The figures were obtained from data obtained on Sunday from the Nigerian Midstream and Downstream Petroleum Regulatory Authority in Abuja. It was, however, observed that petrol consumption rose above 100 million litres in some days, while it fell to below 10 million litres in few other days. In fact, the 78.84 million litres was consumed on June 20, and it was the highest consumption figure during the post-deregulation period, while the lowest figure during the same period was the 470,000 litres that was consumed nationwide on June 11.

 

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