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Epic Petroleum Plans To Relieve Nigeria’s Fuel Scarcity Woes

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Without seeking subsidy to import petroleum products, Epic Refinery and Petrochemicals Company Limited, a Nigerian oil company, has revealed plans to import refined fuel and sell at 75 naira ($0.48)...

Nigeria Imported $8 Billion Worth of Petroleum Products in 2011- Sanusi

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The Governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido, has said that the federal government spent $8 billion on the importation of petroleum products in 2011 alone through oil marketers.
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