Petrol Imports Decline By 3.58 Billion Litres In One Year …C0NTINUE READING HERE >>>
The National Bureau of Statistics (NBS) has revealed a significant reduction in the importation of Premium Motor Spirit (PMS), commonly known as petrol, over the past year.
According to the latest petroleum distribution figures released by the agency, petrol imports decreased by 3.58 billion litres between 2022 and 2023.
The report highlights that total petrol imports fell from 23.54 billion litres in 2022 to 20.30 billion litres in 2023, representing a year-on-year decline of 13.77%.
Notably, the second half of 2023 saw a sharp decrease in imports, with 8.36 billion litres imported…
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