Petrol consumption in Nigeria leaped by 340 million litres inside an area of 1 month, figures launched by the Nigerian Nationwide Petroleum Company confirmed on Sunday.
Offering knowledge contained in its March 2021 monetary and operations report, the oil agency stated 1.75 billion litres of Premium Motor Spirit, popularly referred to as petrol, was consumed in March 2021.
Findings by our correspondent from the company’s earlier report confirmed that the consumption in February 2021 was 1.41 billion litres.
This suggests that inside the area of February and March this 12 months, petrol consumption throughout the nation jumped by 340 million litres.
NNPC stated its March 2021 report indicated that the overall income generated from the sale of white merchandise for the interval of March 2020 to March 2021 stood at N2.13tn, the place petrol contributed about 99.24 per cent of the overall gross sales with a price of N2.11tn.
It famous that its downstream subsidiary, the Petroleum Merchandise Advertising Firm, recorded N234.63bn income from the sale of white merchandise within the month of March 2021 alone.
Within the gasoline sector, it stated a complete of 222.74 billion cubic toes of pure gasoline was produced within the month of March 2021, translating to a mean every day manufacturing of seven,183.33 million normal cubic toes per day.
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