Lubricants import hits $500m, hikes maintenance cost by 300%

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Lack of refining capacity in Nigeria for basic fuels and other petroleum products has left the nation dependent on the importation of lubricants, with yearly expenditure likely to exceed the $500 million benchmark…

The post Lubricants import hits $500m, hikes maintenance cost by 300% appeared first on The Guardian Nigeria News – Nigeria and World News.



Source: Guardian Newspaper