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Nigeria’s Premium Motor Spirit, also known as petrol, is reportedly being smuggled to neighboring countries as it is still 58 per cent cheaper than what is obtained in neighbouring countries. As at press time, petrol in the Republic of Benin, costs Ceffa 600 per litre, an equivalent of $0.97 or N1649 per litre. In Ghana, the product sells for Ghc …
Read More »58% price difference propels smuggling of Petrol from Nigeria to neighbouring countries
