Fuel Scarcity Looms as Forex Shortage Halts Importation
Oil marketers are increasingly worried they can’t import petrol due to the dollar shortage in the country. Despite the deregulation of the downstream sector, concerns have been raised about the potential comeback of the country’s persistent fuel...
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...