Jumoke Adelabu – Lagos The amount spent on petrol imported into the country dropped by 42 per cent to N1.71tn in 2019, data obtained from the National Bureau of Statistics (NBS) have shown.The N1.71tn represented 10.75 per cent of the amount spent on all imported goods last year, compared to 2018 when petrol accounted for…
The outgoing Managing Director of the Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), Mr. Bala Wunti, is stepping into one of the most important roles in the Nigerian oil industry following his appointment to the position of the Group General Manager, National Petroleum Investment Management Services (NAPIMS). NAPIMS…
