Petrol consumption in Nigeria increased by 340 million litres within a space of one month, data obtained from the Nigerian National Petroleum Corporation has shown.
According to figures released by NNPC on Sunday in its March 2021 financial and operations report, the oil firm said 1.75 billion litres of Premium Motor Spirit, popularly called petrol, was consumed in March 2021.
PUNCH reports that the corporation’s earlier report showed that the consumption in February 2021 was 1.41 billion litres.
This implies that within the space of February and March this year, petrol consumption across the country jumped by 340 million litres.
NNPC said its March 2021 report indicated that the total revenue generated from the sale of white products for the period of March 2020 to March 2021 stood at N2.13tn, where petrol contributed about 99.24 per cent of the total sales with a value of N2.11tn.