Although two significant refineries in Nigeria have commenced petrol production in the last three months, oil marketers have continued to import and distribute petrol across the country. According to reports on Wednesday, marketers imported a total of 2.3 billion litres…
The Nigerian National Petroleum Company (NNPC) Limited has rejected a recent report suggesting it has halted the importation of refined petroleum products and is exclusively sourcing from local refineries like the Dangote Petroleum Refinery. NNPC called the report a “misrepresentation…
By Akinyemi Precious According to a report from S&P Global Commodity Insights, fuel imports into Nigeria fell to 106,000 barrels per day (bpd) in July 2023, from the 205,200 barrels per day recorded in May 2023. The Authority chief executive,…
