Imported Petrol Landing Cost Drops Below Dangote Refinery Ex-Depot Price
The economic landscape of Nigeria’s downstream petroleum sector is witnessing fresh dynamics as the landing cost of imported Premium Motor Spirit (PMS) dropped significantly. Recent analytics from the Major Energy Marketers Association of Nigeria (MEMAN) indicate that the cost of independent fuel importation fell to approximately N1,117 per litre, undercutting the current local refinery baseline … Read more