
The information revealed that from January to December of last year, not a single litre of gasoline was refined.
According to an analysis of data made public by the National Bureau of Statistics (NBS), Nigeria did not manufacture a single drop of fuel on the country’s soil during the 2023 fiscal year.
The information revealed that from January to December of last year, not a single litre of gasoline was refined.
This is true even though Nigeria has its own refineries—albeit non-operational ones.
These are the refineries in Port-Harcourt, Kaduna, and Warri, respectively.
The government has made a number of unfulfilled promises, including those about the start dates of refinery operations. The most recent of these was the announcement that the Port-Harcourt refinery will open in August 2024.
This occurs concurrently with Nigeria importing 20.2 billion litres of petrol during the 2023 fiscal year.
One billion in August, 1.2 billion in September, 1.1 billion in October, 1.5 billion in November, and 1.8 billion in December are included in this breakdown of the number of litres in each of the following months: two billion in January, 1.9 billion in February, 2.2 billion in March, 1.9 billion in April, 2 billion in May, 1.6 billion in June, 1.4 billion in July, and 1 billion in August.
Due to the lack of state-owned refineries, Nigeria has been forced to import petroleum, which drives up the cost of fuel and causes anxiety among the populace.