Latest petroleum products importation report released by the National Bureau of Statistics on Wednesday showed that the volume of Premium Motor Spirit, also known as petrol, imported into the country rose by 15.2 per cent in the second half of 2019 to 5.61 billion litres.
According to the report, 5.61bn litres of PMS were imported, compared to 4.87 billion litres in the first quarter of the year.
The country imported 1.38 billion litres of automotive gas oil (diesel), compared to 1.21 billion litres in Q1.
The volume of kerosene imported into the country plunged to 12.22 million litres from 103.05 million litres in the first three months of the year.
A total of 131.36 million litres of aviation turbine kerosene (aviation fuel) was imported, compared to 176.14 million litres in Q1.
The country’s imports of Liquefied Petroleum Gas, also known as cooking gas, increased to 354.70 million litres from 310.84 million litres in Q1.
Other products imported in the period under review were base oil (77.24 million litres), bitumen (41.79 million litres), and low pour fuel oil (27.68 million litres).
According to the NBS data, 5.18 billion litres of PMS, 1.28 billion litres of AGO, 131.42 million litres of household kerosene, 176.14 million litres of ATK and 157.29 million of LPG were distributed nationwide in Q2.
Meanwhile, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari had lamented on Monday, concerning the state of the nation’s refineries, saying “it is a shame that this country is a net importer of petroleum products, but we are going to change that.
He said the NNPC would support the actualisation of the 650,000 barrels-per-day Dangote refinery and other private initiatives, adding, “Our plan is for Nigeria to become net exporter of petroleum products by 2023,” he said.