• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy 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 Business & Finance Business

Nigeria petrol spending soars to N1.58tn in December 2025

Official data shows festive travel and higher activity drove fuel costs

Peculiar Adirika by Peculiar Adirika
January 22, 2026
in Business, News
0 0
0
petrol

Nigeria petrol spending December 2025 hit N1.58tn as festive travel and high fuel use pushed consumption to record levels, according to NMDPRA data

Nigerians spent an estimated N1.58tn on petrol in December 2025, according to official fuel consumption data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, reflecting elevated demand during the festive period.

Also read: Nigeria reduces petrol imports as Dangote boosts domestic supply

The Nigerian Midstream and Downstream Petroleum Regulatory Authority stated in its December fact sheet that average daily petrol consumption stood at 63.7 million litres throughout the month.

With 31 days in December, nationwide petrol use reached about 1.97 billion litres.

Using the total volume consumed and applying an average pump price of about N800 per litre across major cities, total consumer spending on petrol in the month is estimated at N1.58tn.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

The calculation is based on official consumption figures and prevailing market prices following the deregulation of the downstream market.

Petrol consumption remained consistently high during the period, driven largely by increased travel, festive movements and heightened commercial activity associated with the Yuletide.

December traditionally records stronger fuel demand due to holiday logistics and higher electricity needs among businesses reliant on petrol powered generators.

Although the Dangote refinery enforced a price reduction in December, cutting petrol prices from around N900 to as low as N739 per litre, many filling stations sold above N800 during the festive season, particularly in northern states.

Only a limited number of outlets in Lagos and parts of Ogun reflected the lower pricing.

The regulator noted that the December 2025 daily consumption figure was the highest recorded since October 2024.

By comparison, average daily petrol consumption stood at 52.3 million litres in December 2024, highlighting a sharp year on year increase.

Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority showed that daily premium motor spirit consumption rose to 56.9 million litres in October 2025, declined to 52.9 million litres in November, and surged again to its December peak.

Nigeria imported approximately 1.31 billion litres of petrol in December 2025, while the Dangote refinery supplied about 992 million litres during the same period, marking a notable improvement in domestic refining output compared with November.

Total petrol supply for the month averaged 74.2 million litres per day, with imports accounting for 42.2 million litres and the Dangote refinery contributing 32 million litres daily.

The figures indicated that roughly 10 million litres per day were not trucked out during the period.

The N1.58tn estimate underscores the formidable cost burden petrol continues to place on Nigerian households and businesses, even as improved domestic supply and imports helped stabilise availability.

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

It also highlights how fuel expenditure absorbs a significant share of consumer spending in a fully deregulated downstream market.

Peculiar Adirika
Peculiar Adirika

Related Posts

fraud case
Crime

Ibadan marriage dissolved after allegations of poisoning, domestic violence

by Quadri Olaitan
February 1, 2025
PASSEC petitions Labour Minister over ASSBIFI fraud
News

PASSEC petitions labour minister over ASSBIFI fraud scandal

by Quadri Olaitan
August 21, 2025
53CA11C7 AAB9 4C4B B543 84B102D69E0A
General

‘Comments unfair’ Kogi govt fires back at NCDC, insists no coronavirus case in state

by Freelanews
April 29, 2020
j51qiu7hgc inec2 803529546
General

INEC deploys non-sensitive materials for Imo rerun, supplementary elections

by Freelanews
January 21, 2020
Atiku Abubakar
News

Atiku Abubakar condemns Sowore arrest as shameful act

by Quadri Olaitan
October 23, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Awujale

Dapo Abiodun takes hit as FG withdraws use of honorary ‘Dr’ in official titles

May 6, 2026
APC

APC NWC grants Tinubu screening waiver ahead of primaries

May 6, 2026
Police

Police bust major N713.9m bank fraud syndicate, arrest two

May 6, 2026
Arteta

Arsenal plan positive new contract for Arteta

May 6, 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

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
Awujale

Dapo Abiodun takes hit as FG withdraws use of honorary ‘Dr’ in official titles

May 6, 2026
APC

APC NWC grants Tinubu screening waiver ahead of primaries

May 6, 2026
Police

Police bust major N713.9m bank fraud syndicate, arrest two

May 6, 2026
Arteta

Arsenal plan positive new contract for Arteta

May 6, 2026
May 2026
SMTWTFS
 12
3456789
10111213141516
17181920212223
24252627282930
31 
« Apr    
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

  • Cindy Oshodi

    TikToker Cindy Oshodi faces backlash over leaked clip

    0 shares
    Share 0 Tweet 0
  • Wale Adedayo and LG fund controversy that tests Dapo Abiodun’s fitness for Ogun East senate

    0 shares
    Share 0 Tweet 0
  • Man allegedly murders 16-year-old girl, dumps body in Ogun river after ransom payment

    0 shares
    Share 0 Tweet 0
  • Yayi, man up, man!

    0 shares
    Share 0 Tweet 0

Just Published!

Awujale

Dapo Abiodun takes hit as FG withdraws use of honorary ‘Dr’ in official titles

May 6, 2026
APC

APC NWC grants Tinubu screening waiver ahead of primaries

May 6, 2026
Police

Police bust major N713.9m bank fraud syndicate, arrest two

May 6, 2026
Arteta

Arsenal plan positive new contract for Arteta

May 6, 2026
Pasuma

Fuji legend Wasiu Alabi Pasuma welcomes grandson

May 6, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 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

© 2025 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.