Categories: News

Nigerians spent N1.58tn on petrol in December 2025 — NMDPR

Nigerians spent an estimated N1.58tn on petrol in December 2025, driven by high fuel consumption during the Yuletide, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

The regulator’s December fact sheet shows that average daily petrol consumption stood at 63.7 million litres, bringing total usage for the 31-day month to about 1.97 billion litres. Using an average pump price of N800 per litre across the country, total consumer spending is estimated at N1.58tn.

Fuel consumption remained elevated throughout the month, largely due to increased travel, festive movements and heightened commercial activities typical of the holiday season. Although the Dangote refinery reduced petrol prices in December to as low as N739 per litre, many filling stations—particularly in northern states—sold above N800 during the period.

December 2025 recorded the highest daily petrol consumption since October 2024 and marked a sharp increase from December 2024, when daily usage averaged 52.3 million litres. After rising to 56.9 million litres per day in October 2025, consumption dipped in November before surging to its December peak.

The NMDPRA said Nigeria imported about 1.31 billion litres of petrol in December, while the Dangote refinery supplied 992 million litres. Total petrol supply averaged 74.2 million litres per day, with imports accounting for 42.2 million litres and domestic refining contributing 32 million litres daily.

According to the regulator, improved output from the Dangote refinery significantly boosted domestic supply during the month.

The N1.58tn spending estimate highlights the heavy cost of petrol on households and businesses, underscoring how fuel continues to consume a large share of consumer expenditure in Nigeria’s deregulated downstream market.

LUKMAN ABDULMALIK

Recent Posts

Kidnappers demand N1bn for 15 abducted worshippers in Ekiti

The abductors of 15 worshippers in Eda-Oniyo, Ilejemeje Local Government Area of Ekiti State have…

4 minutes ago

Troops disrupt suspected terrorists’ logistics network in Niger

Troops of the 22 Brigade under Sector 1 of Operation Safe Stability (OPSS) have disrupted…

1 hour ago

Reps pass bill for military doctrine think-tank

The House of Representatives has passed for second reading a bill seeking to establish the…

2 hours ago

PGA leadership crisis deepens as qualifying school plan sparks outrage

Fresh controversy has erupted within the Professional Golfers’ Association (PGA) of Nigeria following plans by…

2 hours ago

Oil price rises above $120 as US mulls military strikes on Iran

Oil prices rose as much as 7% on Thursday on a report the United States…

3 hours ago

NGX rakes in N5.6trn gain as market cap hits N152.7trn

The Nigerian stock market closed on a bullish note on Wednesday, April 29, 2026, recording…

3 hours ago

This website uses cookies.