Petrol imports gulp N17tn, refineries stay dormant
The regime of Nigeria’s President, Major General Muhammadu Buhari (retd.), has spent over N16.9tn on the importation of not less than 132.24 billion litres of
Tag : Petrol imports
Cabals benefitting from petrol imports frustrating local refineries –IPMAN
The massive imports of Premium Motor Spirit, popularly called petrol, using the United States dollar, will continue to put pressure on the naira and cause
NNPC saves $1bn on petrol imports, says Kyari
The Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, on Wednesday announced that the oil firm saved over $1bn of the cost that would
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
Forex scarcity bars marketers from petrol imports
Despite the deregulation of the downstream oil sector by the Federal Government, private marketers are still tied to the Nigerian National Petroleum Corporation’s apron strings
Petrol imports tumble 72.65% as COVID-19 hits demand
Amid the general gloom that the economy has suffered as a result of coronavirus pandemic, the volume of petrol imported into the country in May
