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Dangote supplied 71% of Nigeria’s August petrol – NMDPRA report

The Dangote Refinery supplied nearly 36 million litres of petrol daily in August, accounting for 71% of Nigeria’s total receipts, a new NMDPRA report shows Read More: https://punchng.com/dangote-supplied-71-of-nigerias-august-petrol-nmdpra-report/

Dangote supplied 71% of Nigeria’s August petrol – NMDPRA report

The Dangote Petroleum Refinery supplied approximately 71% of Nigeria's petrol in August, according to a report by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The refinery produced an average of 41.94 million litres of Premium Motor Spirit (PMS) daily, with 35.87 million litres sold domestically and 9.73 million litres exported.

Meanwhile, domestic PMS receipts rose by 39% from 25.8 million litres per day in July to 35.9 million litres per day in August, while petrol imports fell by 26% from 19.7 million litres per day to 14.6 million litres per day. Consequently, domestic PMS receipts exceeded imports by 21.3 million litres per day in August, marking a shift in Nigeria's petrol supply structure as the country aims to reduce its dependence on imported refined petroleum products.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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