Lubricants import hits $500m, hikes maintenance cost by 300%

By |2021-07-31T21:20:18+00:00July 31st, 2021|Uncategorized|

Lack of refining capacity in Nigeria for basic fuels and other petroleum products has left the nation dependent on the importation of lubricants, with yearly expenditure likely to exceed the $500 million benchmark going by the rally in oil [...]