As presently constituted, oil marketers in Nigeria are currently required to pay N797.66 per liter for the landing cost of fuel, despite efforts by oil merchants to buy less fuel so as to minimize los...
The latest data from the foreign trade statistics report of the National Bureau of Statistics showed that the cost of petrol imports rose by 105.3 per cent to N15.42tn in 2024 from the N7.51tn recorde...
The NCS has recently intercepted significant quantities of smuggled petrol, valued at millions of naira, as part of its “Operation Whirlwind” aimed at combating fuel smuggling. With the increase in th...
