Nigeria’s Petrol Import Rises 207% to 543m Litres in One Month, Puts Pressure on Naira

Nigeria’s petrol import increased significantly from 5.9 million litres per day in May to 18.1 million litres per day in June, representing a 207 per cent rise, compared to the previous month, according to the latest industry data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).