Nigeria Weighs Petrol Import Rules

AbujaPetrol imports hit 43% of supply in July.

Unpublished import approvals shape Nigeria’s exchange rate and its refining industry’s future.

The regulator can approve import cargoes without disclosing what shortfall they fill, a business lobby says.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has not said whether it will publish supply-gap data before approving imports.

Sources: Premium Times Nigeria