Nigeria Resumes Petrol Import From China       Nigeria, Africa’s biggest oil producer and exporter, has resumed importation of petrol from China, the world’s top crude oil importer. The Asian country shipped 37,000 metric tonnes of petrol to Nigeria in September for the first time since July 2019,...

Price Hike: FG To Back Marketers On Petrol Import       The Federal Government is to make the dollar accessible to oil marketers in order to make the importation of petrol into Nigeria competitive and help reduce the commodity’s rising cost. It was learnt on Monday that oil...

N10bn Investment To Reduce Petrol Import, Create 1,500 Jobs   Nigerian Content Development and Monitoring Board (NCDMB), and some private investors may reduce unemployment in Nigeria by 1,500, and limit the importation of Premium Motor Spirit (PMS) also called petrol through a new investment worth N10...

PPPRA Clears Oil Marketers To Import Petrol   Private oil marketers have now joined the Nigerian National Petroleum Corporation in the importation of petrol. It was gathered from the Petroleum Products Pricing Regulatory Agency on Tuesday in Abuja that permits had been given to several marketers to...

Petrol Imports: Marketers Worry Over Dollar Shortage   While the landing cost of petrol has tumbled on the back of the sharp drop in crude oil prices, major fuel marketers are not keen to resume the importation of the product as access to dollar is seen...