• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News General

Nigerians spend massive N1.58tn on petrol in December

Quadri Olaitan by Quadri Olaitan
January 22, 2026
in General
0 0
0
Nigerians
thenacre-campaign

Nigerians spent N1.58tn on petrol in December 2025 as fuel consumption rose to 63.7 million litres daily, driven by festive travel and business activity

Nigerians spent N1.58tn on petrol in December 2025, according to official fuel consumption data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, highlighting the heavy cost of energy on households and businesses.

Also read: Dangote Refinery petrol price sparks long queues at MRS filling stations

The NMDPRA December fact sheet showed that average daily petrol consumption stood at 63.7 million litres throughout the month. With 31 days in December, total nationwide consumption reached approximately 1.97 billion litres.

Applying an average pump price of about N800 per litre across major cities, Nigerians spent N1.58tn on petrol during the Yuletide period, underscoring the scale of consumer expenditure in a fully deregulated downstream market.

Petrol usage remained consistently high, largely driven by festive travel, increased commercial activity and higher electricity demand from petrol-powered generators during the holiday season.

Perfect-Aesthetic-social-1

Although the Dangote Petroleum Refinery slashed petrol prices in December from around N900 to N739 per litre, many filling stations, particularly in northern states, sold above N800 during the period. This kept the national average price elevated despite the price intervention.

Nigerians spent N1.58tn on petrol at a time when December recorded the highest daily consumption since October 2024. By comparison, daily petrol consumption in December 2024 stood at 52.3 million litres, indicating a significant year-on-year increase.

Regulatory data showed that daily PMS consumption rose to 56.9 million litres in October 2025, dipped to 52.9 million in November, and surged sharply in December to 63.7 million litres.

According to the NMDPRA, the consumption figures are based on volumes trucked into the domestic market by both the Dangote refinery and fuel importers.

Nigeria imported about 1.31 billion litres of petrol in December, while the Dangote refinery supplied 992 million litres during the same period.

Odun Ifa 2026
ADVERTISEMENT
adron lemon friday

Total petrol supply averaged 74.2 million litres per day in December, with imports contributing 42.2 million litres per day and Dangote supplying 32 million litres daily.

About 10 million litres per day were not trucked out during the month.

The regulator noted that supply improved significantly due to increased output from the Dangote refinery, which ramped up deliveries from 19.5 million litres per day to 32 million litres per day.

Also read: Dangote fuel price cut triggers brutal petrol price war

The estimate that Nigerians spent N1.58tn on petrol in a single month reflects the growing financial pressure of fuel costs in the post-subsidy era, even as improved domestic refining helps stabilise availability.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

General

Davido wedding to Chioma slated for June 25

by Freelanews
June 12, 2024
christiancrackdown hdv
General

Ijaw youths tell Nigerians to protect themselves, say Buhari has failed

by Freelanews
February 8, 2020
NYSC against Mbah jpg
General

Court Restrains NYSC From Rejecting Certificate Issued Enugu Gov. Mbah

by Reni
November 6, 2023
Gunmen Bandits
General

‘Released!’ Bandits let go of 70 abducted women in Zamfara

by Freelanews
July 20, 2021
5f8590d7691c1 1
General

‘Overspeeding…’ Atleast one police officer dies, others injured in accident in Akure (Photos)

by Rtn. Victor Ojelabi
October 13, 2020

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

images 20

Rotary urged to prioritise lasting partnerships in West Africa

October 19, 2026
Ikeddy Isiguzo jpg

Columnist questions future of Tinubu Coastal Highway

October 19, 2026
download 3

Madueke late goal gives Arsenal 1-0 win at Forest

October 19, 2026
images 19 1

Father, son die in Plateau tricycle crash

October 19, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie scaled

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
images 20

Rotary urged to prioritise lasting partnerships in West Africa

October 19, 2026
Ikeddy Isiguzo jpg

Columnist questions future of Tinubu Coastal Highway

October 19, 2026
download 3

Madueke late goal gives Arsenal 1-0 win at Forest

October 19, 2026
images 19 1

Father, son die in Plateau tricycle crash

October 19, 2026
ADVERTISEMENT
October 2026
SMTWTFS
 123
45678910
11121314151617
18192021222324
25262728293031
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • #image_title

    17 mobile money operator companies licensed by CBN in Nigeria

    0 shares
    Share 0 Tweet 0
  • Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

    0 shares
    Share 0 Tweet 0
  • ‘Breaking News’ Babatunde Omidina, Baba Suwe, is dead

    0 shares
    Share 0 Tweet 0
  • Hair vendor Precious and two others found dead in Delta residence

    0 shares
    Share 0 Tweet 0

Just Published!

images 20

Rotary urged to prioritise lasting partnerships in West Africa

October 19, 2026
Ikeddy Isiguzo jpg

Columnist questions future of Tinubu Coastal Highway

October 19, 2026
download 3

Madueke late goal gives Arsenal 1-0 win at Forest

October 19, 2026
images 19 1

Father, son die in Plateau tricycle crash

October 19, 2026
images 18 1

I don’t do comedy, I’m a dangerous man — Odumeje

October 19, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.