Nigeria's domestic refining capacity, yesterday, increased by 67.7 per cent to 860,000 barrels per day, bpd, from 650,000 bpd, as the Port Harcourt Refinery resumed production.
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Despite the recent subsidy removal, Nigeria's Premium Motor Spirit, also known as petrol, is still 58 per cent cheaper than what is obtained in neighbouring countries, with smuggling of the product ...