Forex Scarcity Bars Marketers From Petrol Imports       Despite the deregulation of the downstream oil sector by the Federal Government, private marketers are still tied to the Nigerian National Petroleum Corporation’s apron strings as they continue to steer clear of petrol importation, ’FEMI ASU reports The expected...

Petrol Imports Tumble 72.65% As COVID-19 Hits Demand     Amid the general gloom that the economy has suffered as a result of coronavirus pandemic, the volume of petrol imported into the country in May plummeted by 72.65 per cent, the latest data obtained from the Nigerian...

NBS: FG Spent N2.95tn On Petrol Imports Last Year the amount spent by the Federal Government on the importation of Premium Motor Spirit, also known as petrol, soared by nearly 50 per cent to N2.95tn last year. Data obtained by our correspondent from the National Bureau...