Dr Ibe Kachikwu, NNPC managing director and junior minister of petroleum The Nigeria National Petroleum Corporation (NNPC) said on Wednesday that it spends $1.8 billion in 90 days to import fuel. The Group Executive Director Upstream of NNPC, Bello Rabiu, stated this while addressing State House Correspondents. According to him, the organisation spends between $16 million and $20 million on imports daily totaling about $1.8 billion per quarter. Rabiu was reacting to the inability of the nation’s refineries to provide the local needs of consumers. He said that the organization had to rely on importation to satisfy local consumption. He
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