Nigeria Imports N1.62trn Petrol In Nine Months         Nigeria spent a total of N1.62tn on the importation of Premium Motor Spirit (petrol) from January to September, the latest data obtained from the National Bureau of Statistics have shown. The country spent N1.72tn on petrol imports in the...

NNPC Cuts Losses To N82bn From N800bn       The Nigerian National Petroleum Corporation (NNPC) yesterday said losses from vandalism and oil theft has reduced from N800 billion in 2018 to less than N82billion, a feat attributable to clampdown on vandals by joint security efforts. Its Group Managing...

FG Rejects Proposal To Repair Ports’ Scanners With N753m       There is an indication that the five faulty scanners at the Apapa ports have been abandoned as the Federal Government rejects proposal to repair them at a cost of N753 million. This development, our correspondent learnt, comes...

NEPC Prepares Non-oil Exporters For European Market Deals       The Nigerian Export Promotion Council has said it is sentising and preparing non-oil exporters for opportunities in the European market. A statement on Sunday entitled, “NEPC sensitise non- oil exporters as Europe offers mega opportunities,” said this was...

Revenue Generation by Apapa Custom hits N367.6bn in 9 months The Nigerian Customs Service (NCS) Apapa command, said it generated the sum of N367.6 billion naira between January and September. The Customs Area Controller, Apapa Command, Comptroller Mohammed Abba-Kura, disclosed this in a media chat in...

Onne Customs Rakes In N13bn       The Nigeria Customs Service, Area ll Command, Onne Port, Rivers State, has announced that it raked in a total of N13,106,025,050.24 as revenue for last month. The amount, which is the highest monthly revenue generated in the Onne Area II...