The downstream of the Nigerian oil and gas sector imported N812 billion of Premium Motor Spirit during the first quarter of 2018, according to the National Bureau of Statistics.

The country imported N349.45 billion worth of PMS in the month of March 2018, representing the highest volume of petroleum product import during the quarter under review.

Specifically, the petroleum products importation statistics for first quarter 2018 reflected that 5.67 billion litres of PMS, 954.47 million litres of Automotive Gas Oil; 66.914 million litres of Household Kerosene; and 5122.067 million litres of Aviation Turbine Kerosene were imported into the country in first quarter of 2018.

According to NBS, the months of March 2018 recorded the highest volumes of PMS imported into the country at 2.41 billion litres while the highest volume of AGO and HHK were imported in February and January 2018 respectively

Source: The Guardian