FG Lifts Petrol Import Ban Amid Price Hike

The Federal Government has lifted its ban on the importation of Premium Motor Spirit, commonly known as petrol, granting six new licences to oil marketers following concerns over supply disruptions linked to the ongoing crisis in the Middle East.

Naija News reports that the decision marks a reversal of Nigeria’s recent policy aimed at reducing reliance on imported fuel as domestic refining capacity improves.…Proceed; Reading Full Original.

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