• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Exclusives Research Analysis

NBS Q4 2016 Petroleum Products Statistics: Nigeria Spent N2.1 Trillion Naira On Petrol In 2016

Onome Ohwovoriole by Onome Ohwovoriole
January 22, 2017
in Research Analysis
Chart: Maximum vs Prime Lending Rates in Nigeria
Share on FacebookShare on TwitterShare on Linkedin

Nairametrics| A new report from the National Bureau of Statistics (NBS) shows that petroleum products take the lion’s share of Nigeria’s imports. The NBS’s Petroleum Products Statistics publication for Q4 2016 shows that Nigeria spent ₦ 2.57 trillion  importing petroleum products in the country in 2016.

Petrol took the largest chunk with 18.8 billion litres imported at a cost of ₦2.01 trillion. 4.8 billion litres of diesel were imported at a cost of ₦505.8 billion. Kerosene accounted for the least, costing ₦70.7 billion for 713.79 million litres.

May 2016, which was the month when the deregulation of petrol was implemented, saw the highest volume of petrol imported into the country. 2.02 billion litres of petrol were imported  at a cost of ₦249.88 billion.

RelatedStories

Naira , dollar, exchange rate

Naira depreciates to N1,555/$1 ahead of 301st MPC meeting 

July 16, 2025
GTCO to write off Aiteo loan and switch to aggressive recovery plan

GTCO becomes first banking stock to cross N100 on NGX 

July 16, 2025

Download the report below;

 

Download (PDF, 16.51MB)

Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

Related Posts

Naira , dollar, exchange rate
Currencies

Naira depreciates to N1,555/$1 ahead of 301st MPC meeting 

July 16, 2025
GTCO to write off Aiteo loan and switch to aggressive recovery plan
Breaking News

GTCO becomes first banking stock to cross N100 on NGX 

July 16, 2025
Currencies

Analysts predict naira won’t drop beyond N1,600 in H2 2025, cite reasons 

July 16, 2025
Beyond Hype: Building an AI-Ready business in Africa 
Companies

Beyond Hype: Building an AI-Ready business in Africa 

July 16, 2025
Femi Otedola
Business News

Otedola hints at upcoming tell-all book following cryptic social media post 

July 16, 2025
A new dawn for Nigerian industry: How Starsight Energy powers Psaltry International’s unstoppable growth 
Companies

A new dawn for Nigerian industry: How Starsight Energy powers Psaltry International’s unstoppable growth 

July 16, 2025
Next Post
Horrow Show: Watch Osinbajo Bungle Question About Economic Leadership At WEF 2017

Horrow Show: Watch Osinbajo Bungle Question About Economic Leadership At WEF 2017

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Naira depreciates to N1,555/$1 ahead of 301st MPC meeting 
  • GTCO becomes first banking stock to cross N100 on NGX 
  • Analysts predict naira won’t drop beyond N1,600 in H2 2025, cite reasons 

Follow us on social media:

Recent News

Naira , dollar, exchange rate

Naira depreciates to N1,555/$1 ahead of 301st MPC meeting 

July 16, 2025
GTCO to write off Aiteo loan and switch to aggressive recovery plan

GTCO becomes first banking stock to cross N100 on NGX 

July 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics