Fresh industry data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has shown that Nigerians buy less petrol from Dangote Refinery.
According to the NMDPRA Fact Sheet for November, Nigeria consumed an average of 52.9 million litres of petrol per day, out of which Dangote Refinery supplied 19.5 million litres. The refinery had projected a daily supply of 35 million litres for the month but was only able to evacuate 23.52 million litres—an improvement from the 17.77 million litres supplied in October.
Although national petrol consumption dipped from 56.7 million litres per day in October to 52.9 million litres in November, the report indicates that the country remains significantly dependent on imported fuel. Imported petrol accounted for 52.1 million litres per day in November, up sharply from 27.6 million litres per day recorded in the previous month.
Overall petrol supply in the country rose to 71.5 million litres per day in November, compared to 46 million litres daily in October.
Nigerian Newssphere reports that the pump price of petrol in Abuja ranged between N910 and N937 per litre, following several price reductions by the Nigerian National Petroleum Company Limited (NNPCL) and other retail outlets.
