BusinessDay
Nigeria's leading finance and market intelligence news report.

Corruption, cross-border smuggling scuttle FG’s bid to stabilise fuel supply

States along Nigeria’s land borders are consuming more refined petroleum products, especially Premium Motor Spirit (PMS), compared to some states with higher economic activities or higher Internally Generated Revenue (IGR), a development that questions the country’s effort in curbing petrol smuggling to neighbouring countries. Globally, energy consumption most especially petrol is an important indicator of…

Don’t miss another story

Become a BusinessDay Subscriber today.

For insights, facts, figures, and access to opportunities.
Options starting from N1000 Monthly
Already a subsriber?
Whatsapp mobile

Get real time updates directly on you device, subscribe now.

Comments are closed.