• 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 Economy

Nigerians spent N1.3 trillion on petrol in June as distribution rises, NMDPRA reveals

Petrol off-take hits record levels with refineries and depots ramping supplies.

Peculiar Adirika by Peculiar Adirika
July 31, 2025
in Economy
0
N1.3 trillion on petrol
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0

Nigerians spent N1.3 trillion on petrol in June, per NMDPRA figures. With average pump price at ₦905/L, refinery output stood at 15m L/day and depot supply at 35m L/day—highlighting demand surge

Nigerians spent N1.3 trillion on petrol in June, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclosed, as both domestic refinery output and depot distribution surged.

Also read: Nigeria refined petroleum hub vision gains strong govt backing

According to a report delivered to the Federation Accounts Allocation Committee (FAAC), petrol sold in June at an average pump price of ₦905 per litre, with prices ranging between ₦885 and ₦925.

NMDPRA data reveals that ₦411.9 billion worth of petrol was dispatched directly from national refineries, while the remaining ₦891.9 billion came from depots.

Refinery off-take averaged approximately 15 million litres per day, while depot distribution hit 35 million litres per day.

Total off-take:

  • Refineries: 455.2 million litres in June
  • Depots: 985.6 million litres in June

This represents an 18.55% increase from May’s 1.22 billion litres.

Average daily supply:

  • June: 48 million litres
  • May: 54 million litres

Truck movements:

  • May: ~37,000 trucks
  • June: ~32,000 trucks

For automotive gas oil (diesel or AGO), June distributions dropped to 424 million litres from May’s 552 million litres.

Refineries supplied 54 million litres in June, while 370 million litres were sourced from depots.

The Nigerians spent N1.3 trillion on petrol in June story reflects rising energy demand and shifts in local fuel sourcing.

Also read: Energy leaders to attend conference in Abuja on oil reforms, gas innovation

As depots ramp activity and refineries rebuild capacity, supply dynamics remain central to pricing and availability.

Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Peculiar Adirika
Peculiar Adirika

Discover more from Freelanews

Subscribe to get the latest posts sent to your email.

Related Posts

Tinubu Tax Reforms
Economy

Tinubu tax reforms trigger growing public anger

by Quadri Olaitan
September 20, 2025
Renewed Hope Social Housing Programme
Economy

Massive housing project aims to tackle Nigeria’s housing crisis and unemployment

by Quadri Olaitan
July 28, 2025
Nigeria reproductive agency
Economy

Nigeria launches 2025 UN population report, calls for reproductive rights reform

by Oreoluwa Ojelabi
June 17, 2025
Nigeria IMF Loan Repaid
Economy

Nigeria completes repayment of $3.4bn IMF COVID-19 loan principal

by Quadri Olaitan
May 8, 2025
Julius Rone promotes investment in Nigeria
Economy

There are so much incentives for those willing to Invest In Nigeria – Rone

by Quadri Olaitan
October 5, 2025

Leave a ReplyCancel reply

ADVERTISEMENT

Recent News

Tope Alabi

Tope Alabi reveals heartbreak before finding true love

October 16, 2025
Rivers police arrest kidnappers

Rivers police arrest kidnappers who lured victim online

October 16, 2025
Morocco

Morocco stun France to reach U-20 World Cup final

October 16, 2025
Ayodele Fayose

Ayodele Fayose rejects Tinubu’s offer, slams PDP decline

October 16, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

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

August 9, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
Taylor Swift deepfake scandal

Taylor Swift faces deepfake scandal as Swifties call for stricter regulation

January 25, 2024
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
Tope Alabi

Tope Alabi reveals heartbreak before finding true love

October 16, 2025
Rivers police arrest kidnappers

Rivers police arrest kidnappers who lured victim online

October 16, 2025
Morocco

Morocco stun France to reach U-20 World Cup final

October 16, 2025
Ayodele Fayose

Ayodele Fayose rejects Tinubu’s offer, slams PDP decline

October 16, 2025
October 2025
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« 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.

Follow Us

  • Facebook
  • TikTok
  • YouTube
  • Instagram

Editor’s Pick

  • OGD vs DA
    OGD vs DA: The real story never told
    • August 22, 2025
  • Toyota Sienna harassment
    Why is Lagos State govt harassing Toyota Sienna users?
    • August 19, 2025
  • Otunba Gbenga Daniel
    Who really is Otunba Gbenga Daniel?
    • August 18, 2025

Hot!

Tope Alabi

Tope Alabi reveals heartbreak before finding true love

October 16, 2025
Rivers police arrest kidnappers

Rivers police arrest kidnappers who lured victim online

October 16, 2025
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

Total
0
Share
0
0
0
0
0
0
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.

Discover more from Freelanews

Subscribe now to keep reading and get access to the full archive.

Continue reading