Lagos - The Federal Government has issued supplementary import permits to oil marketers for the importation of petrol due to the poor output from the country’s refineries, Punch reports.
The permits were given to marketers last Thursday by the government, which asked them to bring in the product to supplement domestic production.
It was learned that the marketers would import over 400 000 metric tonnes of premium motor spirit, otherwise known as petrol, to augment local production.
Also read: Petroleum marketer slashes price of kerosene
The Group Managing Director, Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, had last Thursday issued a 90-day ultimatum to the management of the Warri Refining and Petrochemicals Company to commence full production at the facility.
Read more at Punch
- News 24