Oil marketers start fuel importation — NMDPRA

By Eyo Nsima

The hope for increased supply of petrol has emerged as oil marketers have embarked on importation.

Before now, the product was mainly imported by the NNPC Limited and marketed by the major and independent oil marketers.

But speaking at the stakeholders’ engagement with stakeholders in the downstream sector, Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, said oil marketers have started importing the product.

The chief executive officer of the NMDPRA, Farouk Ahmed, said of the 56 oil marketing companies that applied for licences, 10 demonstrated commitment while three have imported fuel into the nation.

According to him, the three importing companies include, include, A.Y. Ashafa, Prudent and Emadeb.

.Details coming later