NIGERIA CONSUMES 46.4m LITRES PETROL DAILY

Between January and September this year Nigeria consumed about 46.4m litres of petrol daily, according to the National Bureau of Statistics (NBS) recently released figures.

Even though the figures indicate 34.67m daily average, the actual is 46.4m litres daily because in error, the NBS applied 365 days instead of 273 days up to September to arrive at its daily average.

In spite of this slight error though, it was obvious that each time Nigeria diverted so much to subsidise petrol, the benefit flowed more to Lagos state, Abuja and Oyo state residents.

From the figures, Lagos state alone consumed 18.32% of the national 12655.2m litres between January and September this year.

Its share was almost twice the 9.96% of national total consumed in Abuja and almost thrice the 6.66% consumed in Oyo state.

In all, the top territories, aside from the above, in terms of percentage consumption were Ogun state (5.57%); Delta state (4.09%); Rivers (3.30%) and Kaduna state with 3.07%.

Also amongst the top ten were Anambra state (3.05%); Kano (2.83%) and Kwara state with 2.86%.

Seven states did not consume up to one per cent of the national figure individually. These are Ebonyi state which consumed only 0.53% of the national demand, Bayelsa state with 0.59%; Ekiti state (0.72%); Gombe state (0.74%); Jigawa state (0.81%) Zamfara state (0.85%) and Sokoto state with 0.94%.

In the nine months under review, national daily average was exceeded in June when 51.5m litres daily average was recorded, then in February (50.8m litres); January (49.3 litres); May and August with 47.8m and 47.1m litres respectively.

The low months were led by July with 41.2m litres daily average,  followed by 41.6m average in March, 42.3m in April and 44.4m litres daily in September.

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