Despite the scarcity of Petroleum Products experienced by Nigerians in the first quarter of 2023 (Q1’23), these Products dominated the Import Chart with a total of 827,080 Metric tons.
However, Industry sources have revealed that a significant portion of these Products was diverted to neighboring Countries.
According to the daily Shipping Position document from the Nigerian Ports Authority (NPA), bulk wheat secured the second position on the Chart with 433,774 Metric tons, followed by bulk Sugar with 242,755 Metric tons.
Analyzing the Import breakdown, it was observed that 185,546 Metric tons of Petroleum products arrived through the Lagos Ports in January, while February saw an Influx of 391,425 Metric tons.
The month of March had the lowest Import volume with 155,676 Metric tons.
The Petroleum Products Included Premium Motor Spirit (PMS), Automated Gas Oil (AGO), Aviation Fuel, and Dual Purpose Kerosene (DPK).
For bulk Wheat, January recorded 172,851 metric tons, followed by 141,441 Metric tons in February, and 217,792 Metric tons in March.
Bulk gypsum accounted for a total of 316,550 Metric tons, with 155,470 Metric tons in January, 48,680 Metric tons in February, and 111,100 Metric tons in March.
Salt and Fish also featured in the Import Chart, with 88,750 Metric tons of salt and 66,560 Metric tons of Fish Imported in the first quarter of the year.
Containerized Cargoes saw an Impressive figure of 28,596 Containers entering the Country through the Apapa Quay, the Nation’s Premier Port.
February had the highest number of Containerized Imports with 14,455 Containers, while January recorded 8,193 Containers and March saw 5,948 Containers.
Notably, Charcoal made its debut on the Chart after many years, with a total of 49,759 Metric tons Imported in January.
Additionally, Palm Oil recorded 20,999 Metric tons in January.