12 h. ago PMS imports plunge by 30m litres in 8 months, local production surges –NMDPRA

From Juliana Taiwo-Obalonye, Abuja The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that imports of premium motor spirit (PMS) in Nigeria have dropped sharply by about 30 million litres per day over the past eight months, falling from 44.6 million litres in August 2024 to 14.7 million litres by mid-April 2025, representing […] The post PMS imports plunge by 30m litres in 8 months, local production surges –NMDPRA appeared first on The Sun Nigeria.

Politics

15 h. ago Nigeria’s fuel imports drop 30 million litres, US policy threatens budget – NMDPRA

From Juliana Taiwo-Obalonye, Abuja The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reported a 67% drop in Premium Motor Spirit (PMS) imports, from 44.6 million litres daily in August 2024 to 14.7 million litres by mid-April 2025, a reduction of about 30 million litres. NMDPRA CEO Farouk Ahmed, speaking at the sixth Meet-the-Press briefing […] The post Nigeria’s fuel imports drop 30 million litres, US policy threatens budget – NMDPRA appeared first on The Sun Nigeria.

Events

22 h. ago Nigeria’s petrol imports plunge by 30 million litres as local supply surges

Nigeria’s Premium Motor Spirit (PMS), commonly known as petrol, imports fell by 30 million litres between January and August 2024, read more Nigeria’s petrol imports plunge by 30 million litres as local supply surges

Politics

24 h. ago PMS imports drop by 30 million litres in eight months — NMDPRA

Imports of Premium Motor Spirit (petrol) have plunged from 44.6 million litres a day in August 2024 to 14.7 ML by 13 April 2025—a fall of roughly 30 ML, or 67 per cent, according to the latest Nigerian Midstream and Downstream Petroleum Regulatory Authority supply tracker. The Authority’s Chief Executive Officer, Farouk Ahmed, disclosed this to State House correspondents on Tuesday during the sixth edition of the Meet-the-Press Read More

Politics

3 d. ago Aibangbee Ize Blessing, leads Nigeria’s push for energy access and local production

Aibangbee Ize Blessing, CEO of Izenergy and Chairman of the Ize Group of Company, is building practical solutions to Nigeria’s read more Aibangbee Ize Blessing, leads Nigeria’s push for energy access and local production

Politics

8 d. ago Stakeholders lament vaccine funding delays, urge local production

Stakeholders on Monday urged the Federal Government to urgently release outstanding vaccine funds and ramp up investment in local vaccine production. They warned that funding delays are threatening Nigeria’s immunisation efforts and endangering the lives of millions of children. They said this at a press conference on immunisation financing in Abuja, themed “Future of immunisation Read More

Politics

9 d. ago US tariffs may spur local production, AfCFTA push – Analysts

Market watchers have said that the Federal Government may need to drive the pace of local production and participation in the African Continental Free Trade Agreement following the imposition of a 14 per cent tariff on exports from Nigeria to the United States of America. Last Wednesday, US President Donald Trump announced the tariff as Read More

Politics

1 week ago Fauziyyah: Leveraging Apiculture Potential In Honey Production For Local, International Markets

Isiak Fauziyyah is the founder of Fauziyyah Honey Limited, a company that capitalises on the country’s apiculture potential to produce high-grade honey for local and international markets. For Fauziyyah, a couple of factors inspired her journey into beekeeping and harvesting honey. Initially, she had ventured into poultry farming but left the trade due to its […]

Politics

1 week ago Local refineries importing substandard crude, PETROAN alleges

The Petroleum Products Retail Outlet Owners Association of Nigeria says some local refineries are importing substandard crude into Nigeria to cut costs. Speaking with our correspondent on Thursday, PETROAN National Publicity Secretary Joseph Obele said the refineries have been importing crude oil with high sulphur content into Nigeria. Asked to mention some of the refineries, Read More

Politics

2 w. ago NASENI Restates Commitment To Empowering Local Industries For Global Competitiveness

The National Agency for Science and Engineering Infrastructure (NASENI) has restated commitment to driving innovation, empowering local industries, and positioning Nigeria’s manufacturing sector for global competitiveness. Speaking at the NASENI Focus Group meeting held in Ibadan, Oyo State, which aimed to boost local manufacturing and promote made-in-Nigeria products to advance local manufacturing and boost its […]

Politics

2 w. ago Xi stresses developing new quality productive forces according to local conditions

By Aidoghie Paulinus   The General Secretary of the Communist Party of China (CPC) Central Committee, Chinese President and Chairman of the Central Military Commission, Xi Jinping, took part in the deliberation with his fellow deputies from the delegation of Jiangsu Province to the Second Session of the 14th National People’s Congress on the afternoon […] The post Xi stresses developing new quality productive forces according to local conditions appeared first on The Sun Nigeria.

Politics

3 w. ago Lack of incentives for local production worsens housing crisis – Report

The absence of regulatory incentives for local production of building materials continues to exacerbate the housing crisis, a report by BuyLetLive has stated. It added that Nigeria remains heavily reliant on imported construction materials, leaving the industry vulnerable to exchange rate volatility and global inflationary pressures and that localising the production of materials such as Read More

Politics

3 w. ago Nigeria’s local pharma firms expand despite operating hurdles

Nigeria’s indigenous pharmaceutical companies are stepping up to fill the gaps left by departing multinationals, aggressively expanding their production capacity read more Nigeria’s local pharma firms expand despite operating hurdles

Politics