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

By |2021-07-31T21:20:18+00:00July 31st, 2021|Uncategorized|0 Comments

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 [...]