The Petroleum Products Pricing Regulatory Agency, PPPRA latest report showed that more than over eighteen billion litres of petrol was supplied to Nigeria in 2019.
The agency’s Executive Secretary, Abdulkadir Sa’idu confirmed this in a report, said about one-thousand-six-hundred vessels laden with different petroleum products docked in Nigerian waters in 2019.
He applauded the efforts of some marketers for sustaining the continuous development of the sector despite the inherent global economic challenges.
Sa’idu re-iterated that the agency will continue to ensure transparency in the oil and gas value-chain by making available reliable data to strategic government agencies such as NEITI, CBN and NBS for adequate planning and decision making in the country.
A breakdown of the import figures shows that the Nigerian National Petroleum Corporation, NNPC was responsible for 99.61 percent of the total over nineteen billion litres of petrol that was imported while Major Oil Marketers of Nigeria, MOMAN imported 0.39 percent in 2019. On the other hand, only more than one-hundred-and-sixty-six million litres of petrol was produced locally in the same year.
