Nigeria To Resume Fuel Imports From Niger Republic       Nigeria, Africa’s biggest oil producer, is set to resume the importation of petroleum products from a neighbouring country, Niger Republic. The Ministry of Petroleum Resources announced on Thursday in a statement that the two countries signed a Memorandum...

In Three Months, Nigeria Spends N254bn On Fuel Import   Nigeria spent N254.16 billion on importation of Premium Motor Spirit, PMS, also known as petrol, in the fourth quarter of 2017, according to data obtained from the National Bureau of Statistics, NBS. The NBS stated that petrol...

The Federal Government says it has been saving a total of $4m (N1.22bn) daily in fuel import bill since May 12, this year when it stopped paying subsidy claims to importers. The Minister of Budget and National Planning, Senator Udo Udoma, who confirmed the figure,...