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Amid the ongoing faceoff between Chairman of Dangote Group, Aliko Dangote, and regulators of the country’s oil and gas sector, Nigeria’s petroleum products import from Malta has surged 43 folds and increased by 342 per cent in 2023 to $2.08 billion.
This is coming days after Dangote alleged that officials of the Nigerian National Petroleum Company (NNPC) Limited own blending plants in Malta.
Data sourced from Trade Map, a global database on international trade statistics showed Nigeria imported petroleum oils and oils obtained from bituminous minerals worth $2.08 billion in 2023, a 342 per cent increase from $47.5 million as of 2013.
Between 2013 and 2016, import values fluctuated….
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