• Oil marketers, experts blame naira devaluation, crude oil price, smuggling
• Petrol imports’ll double next year if FG delays subsidy removal, says IPMAN
The cost of Premium Motor Spirit, also known as petrol, imported into Nigeria from January to September this year surged by 55.56 per cent to N2.52tn from the N1.62tn spent in the same period of 2020.
The development came amid the Federal Government’s plan to remove subsidy from petrol by February next year.
Already, oil marketers have begun plans to resume importation of the PMS as soon as the…
