• Thursday, February 20, 2025
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BusinessDay

Petrol import persists amid rising local output

Should we go back to fuel importation?
…NNPC denies importing in 2025 Petrol importation into Nigeria has persisted despite reported giant strides in local refining. Energy analysts say the cost of petrol imports heavily burdens Nigeria, straining the nation’s resources and exacerbating economic challenges. The recent commencement of operations at the Dangote Refinery, coupled with the rehabilitation of state-owned refineries, was expected to reduce the country’s reliance on imported petrol. However, fuel importation has remained unabated, spark