Nigerians Burn N1.3 Trillion on Petrol in June Amid Power Woes
[NigerianEye - Nigeria] - 28/08/2025
Nigerians shelled out approximately N1.3 trillion on Premium Motor Spirit (PMS), commonly known as petrol, in June 2025 to fuel their vehicles and electricity generators, according to the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The staggering expenditure, driven by an average pump price of N900 per litre, underscores the country's heavy reliance on imported fuel and chronic power supply issues, even as local refining efforts intensify.The NMDPRA's PMS truckout report for June revealed that a total of 1.44 billion litres of petrol were (…)
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