CPPE Raises Concern over 234% Surge in Petrol Import

CPPE raises concern over 234% surge in petrol imports

Key points Main story The Centre for the Promotion of Private Enterprise (CPPE) has questioned the sharp increase in Nigeria’s petrol imports at a time when the country’s refining capacity is expanding. In a policy brief issued on Sunday, the centre said average daily imports of Premium Motor Spirit (PMS) climbed from 5.9 million litres […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Continuous Indiscriminate Petrol Import In Nigeria Stunting Investment, Forex Conservation- CPPE

  Uche Cecil Izuora The Centre for the Promotion of Private Enterprise [CPPE], has raised some fundamental issues about continuous indiscriminate importation of petroleum products to Nigeria saying the policy is killing domestic industries. In a policy brief titled, “Rising Petroleum-product Imports and the future of domestic refining’ the Chief Executive Officer, of the Center [...] The post Continuous Indiscriminate Petrol Import In Nigeria St…

CPPE raises concern over 234% surge in petrol import

The Centre for the Promotion of Private Enterprise (CPPE) has raised concern over a 234 per cent surge in Nigeria’s petrol imports from May to July in spite of growing domestic refining capacity. The centre raised the concern on Sunday in a policy brief signed by its Chief Executive Officer, Dr Muda Yusuf, on rising … The post CPPE raises concern over 234% surge in petrol import appeared first on Dateline Nigeria.

CPPE Raises Concerns Over Rising Petrol Imports

Nigeria’s reliance on imported petrol has surged sharply, with Premium Motor Spirit (PMS) imports accounting for 43.3 per cent of total petrol receipts in July 2026, despite growing domestic refining capacity. This trend has raised concerns, according to the Centre for the Promotion of Private Enterprise (CPPE), about the sustainability of renewed dependence on foreign-refined […] The post CPPE Raises Concerns Over Rising Petrol Imports appeared…