Nigeria Imports 6.149b billion Litres of Petroleum Products in Q1

Nigeria imported 6.149 billion liters of refined petroleum products in first quarter of 2018, according to the latest report by the National Bureau of Statistics (NBS).

As contained in a report on NBS website, published by Shipping Position on Wednesday,  5.67 billion litres of Premium Motor Spirit (PMS), also called petrol was imported into the country within the period under review.

According to the report, further breakdown of the petroleum products importation revealed that 954.47 million litres of Automotive Gas Oil (AGO), while 66.914 million litres of Household Kerosene was imported.

It indicates that 5,122.067 million litres of Aviation Turbine Kerosene (ATK) were imported into the country.

The report also indicates that, in March, highest volume of PMS was imported into the country at 2.41 billion litres, while the highest volume of AGO and kerosene were imported in January and February respectively.

The nationwide distribution of truck-out volume for the quarter for PMS was 4.89 billion litres, while kerosene was 201.49 million litres.

It indicated that a total of 150.81 million litres of ATK was distributed nationwide during the period under review.

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