Dangote supplied more petrol than importers in August – Report

According to the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, the Dangote Petroleum Refinery supplied more petrol to the Nigerian market than all importers combined in August. This comes as domestic Premium Motor Spirit (petrol) receipts rose sharply while imports fell. The Dangote refinery produced an average of 41.94 million litres of PMS daily in August, supplying 35.87 million litres to the domestic market and exporting 9.73 million litres.

Overall, the country received 50.5 million litres of petrol daily during the month, representing an 11 percent increase from the 45.5 million litres recorded in July.

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