Petrol import in Nigeria 2018-2019

Oil, fuel, and distillation products represent Nigeria's main import sector. Between July and September 2019, the import of petrol into Nigeria amounted to 5.09 billion liters. According to the most recent data, published by the Nigerian company Nairametrics, there was a slight increase in the import volume of oil in the last quarters. However, the highest quantity was recorded in the first quarter of 2018, when roughly 5.7 billion liters of petrol were exported to Nigeria.

Nigeria's oil sector contributes to about nine percent of the country's GDP and represents the main source of export value. Nigeria is the eleventh largest oil producer worldwide and the first on the whole African continent.

Petrol import into Nigeria between the 1st quarter of 2018 and the 3rd quarter of 2019

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Source

In cooperation with
Nairametrics
Release date

August 2020

Region

Nigeria

Survey time period

Q1 2018 to Q3 2019

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Statistics on "Oil industry in Nigeria"

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