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Nigeria is expected to receive millions of litres of imported petrol this week through five vessels arriving Lagos and Calabar postsThe imports are coming despite increased local refining, including the Dangote Refinery’s renewed sale of petrol in nairaMarketers say they are still importing fuel to ensure adequate supply and take advantage of favourable market prices
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
Nigeria is expected to receive about 115,000 metric tonnes of imported Premium Motor Spirit (PMS), equivalent to roughly 154.2 million litres, this week as five fuel-laden vessels prepare to dock at ports in Lagos and Calabar.
The latest shipping schedule released by the Nigerian Ports Authority (NPA) shows that the vessels are due to arrive between Monday and Wednesday at Tin Can Island Port in Lagos and Calabar Port, highlighting that petroleum marketers are still relying on imported fuel
