NEWS

NNPC – 75% of fuel in Nigeria will still be imported in 2016

Group Managing Director NNPC and Minister of State for Petroleum, Dr. Ibe Kachikwu, during his tour of Kaduna Refinery and Petrochemical Company, KRPC, yesterday, said the country will still rely on 75 per cent importation of fuel throughout the whole of next year. According to him: “The future is that, Nigeria is still going to import fuel in 2016 and beyond. Best case situation is 25 per cent local and 75 per cent importation. Worse case is what we are experiencing now. (more…)