Petrol import drop by 60%

Petrol import drop by 60%

.May fall to 30% by December- Sources

.As NNPC, marketers directly source fuel from Dangote Refinery

The 650,000 barrels capacity Dangote Refinery is gradually achieving its mission to end oil imports into Nigeria as importation of Premium Motor Spirit (PMS) or petrol is gradually coming to an end.

According to the Organisation of Petroleum Exporting Countries (OPEC) latest report, the volume of petrol importation into the country has dropped by 60%.

Though the volume imported into Nigeria surged in October, it dropped in November.

Also Read: Fuel Price Drop Imminent as NNPCL Petrol Imports Hits Ports

The Dangote Petroleum Refinery started petrol production in September this year.