Nigeria’s Import Bill Rose To $8.92bn In Nine Months   Nigeria’s total import bill for the period January to September 2021 rose to $8.92bn from $4.29bn in the same period of 2020, according to a report. This was disclosed by an economist and Chief Consultant, B. Adedipe...

FG Mulls Locally Produced Barite To Cut N123.1bn Annual Import Bill   The federal government is midwifing a local production of Barite that will save the country’s import bill of over $300 million (about N123.1 billion based on N410.99 official exchange rate) annually. Barite is a mineral...

Nigeria’s Fuel Import Bill Rises 42% To N1.09trn       Nigeria spent N1.09 trillion to import Premium Motor Spirit, PMS, also known as petrol, in the first six months of 2020, rising by 42.3 per cent, compared to N766.06 billion recorded in the same period in 2019,...

Nigeria’s Petroleum Products Annual Import Bill Now $11bn - Expert   Annually, Nigeria spends as much as $11 billion to import petrochemical related products such as petrol, diesel, and kerosene, amongst others, the Managing Director of United States-based Integrated Gas and Energy Services, Mr. Emmanuel Anyaeto,...