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FG Imports 4.37bn Litres in Three Months – NBS

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  • FG Imports 4.37bn Litres in Three Months – NBS

The Federal Government imported 4.37 billion litres of petrol between July and September this year, a report from the National Bureau of Statistics has shown.

In the report for Petroleum Products, the nation imported a total of 873.72 million litres of automotive gas oil and 312.71 million litres of kerosene were during the period.

The report reads in part, “The petroleum products importation statistics for Q3 2018 reflected that 4.37 billion litres of premium motor spirits, 873.72 million litres of automotive gas oil, 312.71 million litres of household kerosene, 212.8 million litres of aviation turbine kerosene, and 162.37 million litres of Liquefied Petroleum Gas were imported into the country in Q3 2018.”

“The months of September 2018 recorded the highest volume of premium motor spirits imported into the country at 1.59 billion litres while the highest volume of automotive gas oil and household kerosene were imported in July and August 2018 respectively.”

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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