Corruption and cross-border smuggling are causing havoc. The FG's attempt to stabilize fuel supply

States along Nigeria's land borders consume more refined petroleum products, especially Premium Motor Spirit (PMS), than states with higher economic activity or Internally Generated Revenue (IGR), a trend that calls into question the country's efforts to combat petrol smuggling to neighboring countries. Energy consumption, especially petrol consumption, is a significant global ind...for further reading, click on

Source: BusinessDay Newspaper     Apr 30, 2021