NEWS

Refineries ‘to produce 10m litres of PETROL daily’

Nigerian refineries have been “repositioned” to produce 10 million litres of premium motor spirit (PMS), also known as petrol, daily, Ibe Kachikwu, minister of state for petroleum resources, has said. It is estimated that Nigeria consumes 35 million litres daily, which means the country will now be importing only 25 million litres to meet local needs. Although he did not give the total figure of what the refineries are currently producing, Kachikwu said a lot of work has been done to put them back in shape. He was speaking on Sunday during his visit to Kaduna Refining a