Oil marketers spend N1.6tr on lighterage

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Oil marketers spend N1.6tr on lighterage

12 November 2017, Sweetcrude, Lagos — Oil marketers in Nigeria have spent approximately N1.6 trillion on lighterage over the past 30 years. Oando’s Chairman, Mr. Wale Tinubu, disclosed this at an event in Lagos where he outlined the challenges oil marketers face in the importation of petroleum products into Nigeria. Lighterage is the process of …

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