Nigerians spent an estimated N1.58 trillion on petrol in December 2025, driven by high festive consumption, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The NMDPRA December fact sheet showed average daily petrol consumption at 63.7 million litres per day throughout the month, totalling 1.97 billion litres over 31 days.
Applying the national average pump price of approximately N800 per litre, which prevailed across major cities, total consumer spending reached about N1.58 trillion.
This figure reflects increased travel, festive movements, and higher commercial activities associated with the Yuletide season.
Daily consumption in December marked the highest since October 2024, when it stood at 56.9 million litres per day, and significantly surpassed the 52.3 million litres per day recorded in December 2024.
ALSO READ
NMDPRA data indicated total petrol supply averaged 74.2 million litres per day in December, with imports contributing 42.2 million litres per day and Dangote Refinery supplying 32 million litres per day.
The refinery’s contribution rose notably from 19.5 million litres per day in November to 32 million litres per day in December, reflecting improved domestic refining output.
Despite the price reduction by Dangote Refinery from around N900 to N739 per litre in December, many filling stations, particularly in the north, sold above N800 during the period.
The landing cost of imported PMS remained above Dangote’s ex-depot price of N699 per litre, according to the Major Energies Marketers Association of Nigeria (MEMAN).
The N1.58 trillion estimate underscores the significant cost burden of petrol on households and businesses in a fully deregulated downstream market.
This high spending highlights how fuel expenditure continues to absorb a large share of consumer budgets amid seasonal demand pressures.
