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Nigeria imported N20.2tr fuel in five years - NBS

01 February 2016, 18:58

Abuja - The Nigerian Bureau of Statistics (NBS) has said the country imported N20.2 trillion worth of petrol, diesel and kerosene between January 2010 and September 2015.

N12 529 746, 397 978. 48 was said to have been spent on the importation of 102 374 588 480.91 litres of petrol (Premium Motor Spirit) according to the figures jointly compiled by both the NBS and the Petroleum Products Pricing Regulatory Agency (PPPRA) released at the weekend.

An amount of N6 450 576 065 479.43 was spent to import 16 679 065 103 litres of diesel (Automotive and Gas Oil).

Between January 2012 and September 2015, N1 271 500 290 241 was spent on the importation of 9 448 409 070 litres of kerosene.

- News 24

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