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Nigeria’s reliance on imported petrol dropped significantly in the first quarter of 2025, with the country’s petrol import bill crashing by 54 percent year-on-year, according to data from the National Bureau of Statistics (NBS). The sharp decline follows the increased domestic supply from the Dangote Petroleum Refinery, which has begun operating at near-full capacity, reducing Nigeria’s dependence on foreign fuel imports. . . . . . . . . . READ MORE |