Thursday, 03 September 2026
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Nigeria News from Nigeria · WORLD EUROS
Nº 54 Thursday, 03 September 2026
Business

Nigeria’s Petrol Consumption Plunges 25% As Stock Sufficiency Improves – NMDPRA

Nigeria’s Petrol Consumption Plunges 25% As Stock Sufficiency Improves – NMDPRA
Sources: The Whistler Newspaper

Nigeria’s daily petrol consumption plunged by 25 per cent in July 2026, even as the country’s stock sufficiency improved, indicating a stronger inventory buffer amid weaker domestic demand, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The regulator, in its July 2026 Factsheet, said Premium Motor Spirit (PMS) consumption fell […] Nigeri

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