FG restricts fuel importation to 20 suppliers

The Federal Government has pre-qualified about 20 international and indigenous petroleum products suppliers to import petrol into the country.

This is to ensure that only credible and professional suppliers engage in fuel import in the country.

The Executive Secretary, Petroleum Products Pricing Regulatory Agency, Mr. Reginald Stanley, who said this during an interactive session with journalists in Lagos on Monday, noted that the list of 20 products suppliers was compiled following a very stringent process.

He stressed that the list, which was awaiting the approval of the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, would soon be made public. Read more