Daily Petrol Consumption Plummets By 92% Under Tinubu — Report

Daily Petrol Consumption Plummets By 92% Under Tinubu — Report …C0NTINUE READING HERE >>>

Nigeria has witnessed a staggering decline in daily consumption of Premium Motor Spirit (PMS), commonly known as petrol, within just one year following President Bola Tinubu‘s assumption of office on May 29, 2023.

According to data obtained by Channels Television from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), petrol consumption fell to 4.5 million litres per day by August 20, 2024.

This marks a drastic decrease from the 60 million litres consumed daily as of May 2023, representing a 92% drop since Tinubu took office.

An analysis of the report…

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