National Bureau of Statistics NBS 1

20.30bn Litres of Petrol Imported by Nigeria in 2023 – NBS

The National Bureau of Statistics (NBS) says 20.30 billion litres of Premium Motor Spirit, also known as petrol, was imported in 2023.

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

The report said the figure of 20.30 billion litres of PMS reported in 2023 amounted to a decrease of 13.77 percent compared to the 23.54 billion litres recorded in 2022.

For Automotive Gas Oil also known as diesel, the report said that 4.94bn litres were imported in 2023.

“This indicated a 23. 66 per cent increase compared to the 4.00 billion litres recorded in 2022.”

The NBS also noted that PMS 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 were locally produced in 2023 compared to 44.68 million litres in 2022.

“The figure indicates a growth rate of 56.02 percent over the period.”