Tag Archives: importation

The importation of Premium Motor Spirit (PMS) reportedly increased by 3.29% in the First Half of 2023.   The National Bureau of Statistics in its “First Half 2023 Petroleum Products Report,” noted that petrol increased from 11.56 billion litres in the first half of 2022 to 11.94 billion litres in …

The Central Bank of Nigeria (CBN) has finally lifted the foreign exchange restrictions it placed on the importation of 43 items eight years ago.    In a statement released on Thursday, October 12, the director of corporate communications of the bank, Dr Isa AbdulMumin, said a significant change has been …

Minister of State for Petroleum Resources, Oil, Heineken Lokpobiri has said that the federal government will stop fuel importation in February 2024.    Speaking during a working visit to the Port Harcourt Refining Company in Eleme, Rivers State, Lokpobiri stated that Port Harcourt refinery would commence operations before the end …

The federal government have reportedly lifted the ban on importation of vehicles through the land borders.    DailyTrust reports that the last administration had closed land borders between Nigeria and Cotonou, Benin Republic, and subsequently banned the importation of vehicles through that axis.   However, the Director of Road Transport …

Reno Omokri has proposed that Nigeria bans the importation and sale of human hair.    He stated this in a post shared on his Instagram page this evening.    According to Reno, Nigeria loses a lot in foreign exchange due to the importation of human hair. He also called for …

The National Agency for Food and Drug Administration and Control (NAFDAC) has reaffirmed the ban on importation of Indomie noodles into the country.   This is coming after Taiwan and Malaysia authorities announced that they discovered ethylene oxide, a cancer-causing agent in some Indomie noodles.    Commenting on the development, …

The federal government has announced that fuel importation would end in the country by 2024.    Minister of state for Petroleum Resources, Timipre Sylva made the announcement on Monday, January 9.   Presenting the scorecard of his ministry, Sylva said by the first quarter of 2024, the rehabilitation of the Port-Harcourt refinery would …

How it started: It all began after a troubleshooting Twitter user claimed that Davido brought Amapiano to Nigeria and made it successful, and Wizkid’s latest single ‘Bad To Me’ which is an Amapiano sound is a result of Davido’s influence. Members of Wizkid FC which is his collection of fans …

  The Nigeria Centre for Disease Control and Prevention (NCDC) has said that Nigeria is at moderate risk of the importation and impact of the Marburg virus.   Speaking days after Ghanaian authorities announced death of two patients who were diagnosed with the virus, the Director General of NCDC , Dr. Ifedayo …

A businessman named Obinna Igbo has been arrested by the National Agency for Food and Drug Administration and Control (NAFDAC) for alleged importation and sale of fake Amanta Forte, an unregistered anti-malarial drug.   The 32-year-old businessman has been arraigned before a Federal High Court on four counts of unlawful importation, …