- Even though Nigeria has improved its local refining capacity, major oil marketers are still importing refined petroleum products
- They imported 6.38 billion litres of automotive gas oil (diesel) and premium motor spirit (petrol) in just five months
- Importers may have paid N4.51 trillion on PMS imports and N1.51 trillion on diesel at an average price of N1,100 per litre
Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.
Major oil marketers have continued to import refined petroleum products despite Nigeria’s increased local refining capability; in just five months, they imported 6.38 billion liters of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel).



