
Nigeria imported ₦12.8 trillion worth of Premium Motor Spirit (PMS), better known as petrol or fuel, between August 2024 and October 2025, according to a detailed analysis of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) factsheet. Using an average landing cost of ₦829.77 per litre, the import value was calculated from the agency’s […]
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