Tag:
imports
Business
NNPC Orders Halt to Petrol Imports, Banks on Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPC) has directed oil marketers to stop importing petrol, citing the Dangote Refinery’s capacity to meet the country’s...
Business
Dangote Refinery Seeks Billions for Crude Oil Imports Amid High Stakes
Aliko Dangote, Africa’s richest man, is in talks with international banks to raise billions of dollars to import crude oil for his refinery. This move...
Business
Mystery: NNPC Petrol, Diesel Imports Persist Despite Dangote Refinery’s Surplus
Despite claims of an abundant fuel supply from the newly operational Dangote Refinery, the Nigerian National Petroleum Company Limited (NNPCL) continues to import millions...
Business
NNPCL Debunks Claims of Ending Fuel Imports
The Nigerian National Petroleum Company Limited (NNPCL) has firmly denied reports claiming it has ceased importing refined petroleum products. The company described the reports as...
News
It Is Shameful Oil-Producing Nigeria Imports Petrol – Governors
Governors across Nigeria are expressing serious concerns about the country’s ongoing petroleum crisis. They find it shocking that Nigeria, a member of the Organisation of...
Business
Nigeria’s Petrol Imports Reduce By 3.5Billion Litres After Subsidy Removal
Nigeria has seen a significant drop in petrol imports following the removal of the fuel subsidy by President Bola Tinubu’s administration in May 2023....
Business
Dangote Refinery Undersupply Sparks Return to Fuel Imports
The Nigerian National Petroleum Company Limited (NNPCL) has reported significant challenges in the supply of petrol from the Dangote Refinery. On Wednesday, NNPCL announced that...
Business
Dangote Refinery to Shift Focus to Nigerian Crude as U.S. Imports Decline
Dangote Refinery is set to significantly reduce its reliance on imported crude oil from the United States and increase its use of locally sourced...