NNPC, Marketers Spend Over N5.5tn on Fuel Imports in Four Months Despite Local Refining Capacity

The Nigerian National Petroleum Corporation (NNPC) Limited and several oil marketers spent over N5.5 trillion importing Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO or diesel) between October 1, 2024, and January 31, 2025, despite increased local refining capacity, port documents have revealed. This comes amid the Dangote Refinery’s legal action against the Nigerian [...]The post NNPC, Marketers Spend Over N5.5tn on Fuel Imports in Four Months Despite Local Refining Capacity appeared first on Tekedia.

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