Hardship: Daily Petrol Consumption Plummets By 92% Under Tinubu

Hardship: Daily Petrol Consumption Plummets By 92% Under Tinubu — Report

Nigeria has witnessed a staggering decline in daily consumption of Premium Motor Spirit (PMS), commonly known as petrol, within just one year following President Bola Tinubu‘s assumption of office on May 29, 2023.

According to data obtained by Channels Television from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), petrol consumption fell to 4.5 million litres per day by August 20, 2024.

This marks a drastic decrease from the 60 million litres consumed daily as of May 2023, representing a 92% drop since Tinubu took office.

An analysis of the report revealed that only 16 out of Nigeria’s 36 states received petrol allocations from the Nigerian National Petroleum Company Limited (NNPCL) during August, leading to fuel scarcity in the remaining states.

In terms of distribution, Niger State received the highest allocation with 21 trucks, equating to 940,000 litres per day.

Lagos followed with 12 trucks, amounting to 726,001 litres, and Kaduna also received 12 trucks, providing 454,001 litres.

Other states like Oyo and Kano received 12 and 9 trucks, respectively, while Ondo, Kwara, and Edo received lower allocations.

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