- Petroleum products marketers have said about 10,000 filling stations are about to shut down due to low petrol consumption
- Available data from the NMDPRC shows that petrol consumption declined by 92%, down from 60 million litres in May 2023 to 4.5 million in August 2024
- The NMDPRA data also indicates that only 16 out of the 36 states in Nigeria get petrol from the NNPC
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
As fuel consumption dips nationwide due to high prices, oil marketers have expressed worry over massive losses, and about 10,000 oil dealers are about to close their shops.
