Nigeria’s petrol imports hit a record high in 2024, more than doubling from the previous year, despite increased refining capacity. Data from the National Bureau of Statistics (NBS) shows that fuel import costs surge by 105.3%, rising from N7.51 trillion in 2023 to N15.42 trillion in 2024. Nigeria’s spending on imported petrol continues to climb … Continue reading Nigeria’s Petrol Imports Soar To N15.42 Trillion In 2024 Despite Refinery Operations