How reliance on imported fuel cost Nigeria $15bn annually – CPPE

Dailytrust | 13-04-2026 03:57pm |

The Centre for the Promotion of Private Enterprise (CPPE) has revealed how Nigeria’s long-standing dependence on imported petroleum products cost the country between $10 billion and $15 billion annually at its peak, warning against policies that could revive such a trend. The group raised the concern while reacting to recent recommendations by the World Bank,

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