Tag: Petrol import

  • In Nine Months, Nigeria’s Petrol Imports Hit N2.52tn

    In Nine Months, Nigeria’s Petrol Imports Hit N2.52tn

      From January to September 2021, the cost of Premium Motor Spirit, also known as petrol, imported into Nigeria increased by 55.56 percent. This is a rise to N2.52tn from the N1.62tn spent in the same period of 2020. This development is coming amid the plan to remove subsidies from petrol by February 2022.  Data…