Petrol imports gulped N2.11tn in 2020, says NBS
The amount spent on the importation of Premium Motor Spirit (petrol) rose by 17.54 per cent to N2.11tn last year, the latest data obtained from
Latest and breaking oil news from various energy sector around the world. Our news analysis covers Fossil fuels and alternative energy
Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.