Importation of petrol much more cheaper than domestic production – Ibe Kachikwu

Contrary to the belief that domestic refining of fuel would save Nigeria huge sums of money, the Minister of State for Petroleum Resources, Ibe Kachikwu, on Monday, stated that for now importing of Premium Motor Spirit (PMS) is more cheaper than producing it in Nigeria’s refineries. Kachikwu, who said this while speaking with newsmen in Abuja,... Read More