Tag: yuletide demand

  • NNPCL Imports Lift Petrol Supply to 71.5m Litres/Day as Demand Softens in November

    NNPCL Imports Lift Petrol Supply to 71.5m Litres/Day as Demand Softens in November

    Photo Credit: The Nation
    2025-12-10

    Figures cited by The Nation show average petrol supply rose to 71.5 million litres per day in November 2025, up from 46.0 million litres per day in October.

    The report, citing the NMDPRA downstream fact sheet, also suggested consumption eased, with average daily use falling to about 52.9 million litres/day from 56.7 million litres/day the month before.

    Regulators linked the stock build to meeting peak festive demand and covering prior months’ shortfalls, describing NNPCL as the supplier of last resort.

    The Nation quoted the regulator: “The significant increase in PMS supply in November 2025 was on account of…” inventory and import reasons. The same report stated: “Imports by the NNPC, the supplier of last resort… to build inventory and supply further guarantee supply…”.

    Echotitbits take: Higher supply doesn’t automatically mean stable pump prices—distribution, FX and smuggling dynamics still matter. Watch whether queues truly disappear beyond major cities and whether local refining materially cuts imports in early 2026.

    Source: The Nation — December 10, 2025 (https://thenationonlineng.net/nnpcl-imports-boost-national-petrol-stock-to-71-5ml-d-in-november/)
    The Nation 2025-12-10

  • Onion producers warn of festive-season price jump as demand rises

    Onion producers warn of festive-season price jump as demand rises

    2025-12-14 14:03:00

    According to The Punch, onion producers in Kaduna under NOPPMAN expect yuletide demand to push prices higher, with some bags already quoted well above mid-year levels.

    The report cites the association saying supply timing and harvest cycles across producing states could keep prices elevated into early 2026.

    Onion prices are a major kitchen-staple indicator, feeding into broader food inflation and household spending pressures.

    Analysis/Echotitbits take: Food inflation hits hardest at Christmas when demand spikes. Watch market arrival volumes from Kebbi and other producing states in January–March, and whether logistics and storage improvements can smooth seasonal price swings.

    Source: The Punch — December 14, 2025 — https://punchng.com/onion-farmers-forecast-higher-prices-during-yuletide/

    Photo credit: The Punch

    The Punch https://punchng.com/onion-farmers-forecast-higher-prices-during-yuletide/ December 14, 2025

  • NNPCL Imports Lift Petrol Supply to 71.5m Litres Daily

    NNPCL Imports Lift Petrol Supply to 71.5m Litres Daily

    NMDPRA data show national petrol supply rose to 71.5 million litres per day in November 2025, up from 46 million in October, largely due to NNPCL imports. Authorities say the build-up aims to meet festive-season demand.

    The Nation, 11 Dec 2025