HUNGER; Daily consumption drops by 92% as purchasing power if

HUNGER; Daily consumption drops by 92% as purchasing power if …C0NTINUE READING HERE >>>

As hunger mounts the centre stage, daily consumption of Premium Motor Spirit (PMS) or petrol in Nigeria has dropped drastically under one year after President Bola Tinubu assumed office on May 29, 2023.

Data obtained by a national television from the Nigerian Midstream and Downstream Product Regulatory Authority (NMDPRA) Daily Truck Out Report for September 2024, showed that consumption as of August 20, 2024, was 4.5 million litres per day.

The daily petrol consumption as of May 2023 was 60, 000 million litres per day, according to the NMDPRA.

An estimation brings daily…

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