Fuel price hike: Nigeria’s daily petrol consumption stands at 50m litres – NMDPRA

Fuel price hike: Nigerians buy petrol at N1,100 per litre

Fuel price hike: Nigeria’s daily petrol consumption stands at 50m litres – NMDPRA …C0NTINUE READING HERE >>>

The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said Nigeria’s daily Premium Motor Spirit (Petrol) consumption is between 45 million and 50 million litres.

Chief Executive Officer of NMDPRA, Ahmed Farouk, disclosed this on Monday at 18th Africa Downstream Energy Week in Lagos.

This comes amid speculations that the hike in the pump price of petrol pushed Nigeria’s daily consumption of the fuel to 4.5 million.

However, the regulator’s…

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