Tag: Petroleum products
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Petroleum Landing cost hits N249/litre
The cost of petroleum imported into the country has increased to about N249.42 per litre on the back of global crude oil prices. The rise in the cost of petrol means increased subsidy as the pump price of the product remains steady at N162-N165 per litre. Petrol subsidy, which was removed in March 2020, resurfaced…
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Nigeria Will Export Petrol In Two Years – NNPC Boss
The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians on Tuesday that refined petroleum products would be sold globally in the next two years. At the moment, Nigeria imports refined petroleum products – gasoline, kerosene, diesel, and other related products, awarding the NNPC as the only country’s importer for more than three consecutive years. In…