Naija News • 1h ago
Nigeria’s petrol consumption falls to 56.9m litres/day in February – NMDPRA
**Nigeria's Petrol Consumption Hits Lowest in Months: NMDPRA Report**
According to the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigeria's average daily consumption of Premium Motor Spirit (PMS), commonly known as petrol, dipped to 56.9 million litres per day in February 2026.
This represents a significant drop from the 60.2 million litres per day recorded in January, marking a downward trend that is likely to interest petrol consumers across the country.
The reduction in petrol consumption could be attributed to the ongoing efforts of the government to promote the use of alternative modes of transportation, such as electric and hybrid vehicles, as well as the increasing adoption of energy-efficient public transportation systems in major cities like Lagos and Abuja.
In addition, the recent introduction of new fuel pricing mechanisms by the government may have led to a shift towards more efficient fuel consumption practices among Nigerian motorists. With the removal of the previous subsidy regime and the introduction of a more market-driven pricing system, petrol consumers are now more mindful of their fuel usage.
The drop in petrol consumption is also likely to have a positive impact on the country's trade balance, as reduced imports of petroleum products could help to alleviate the pressure on the nation's foreign exchange reserves.
For Nigerian motorists, this development is a mixed bag. On the one hand, reduced petrol consumption could lead to lower prices at the pump, making life easier for commuters and motorists. On the other hand, it may also lead to increased costs for businesses that rely heavily on petrol for their operations.
As the NMDPRA continues to monitor and regulate the downstream petroleum sector, it will be interesting to see how this trend unfolds in the coming months. With the government's stated goal of promoting a more diversified and sustainable energy mix, it is likely that we will see continued efforts to reduce Nigeria's reliance on petrol and other fossil fuels.
For now, Nigerian motorists can take some comfort in the knowledge that their daily fuel consumption has dropped to its lowest level in months. However, as the sector continues to evolve, it will be crucial to monitor how this trend affects the broader economy and the lives of Nigerians.