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    MarketForces Africa » MarketForces News » 23 Ships Discharge Petrol at Lagos Ports

    23 Ships Discharge Petrol at Lagos Ports

    Olu AnisereBy Olu AnisereFebruary 15, 2022 News No Comments2 Mins Read
    23 Ships Discharge Petrol at Lagos Ports
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    23 Ships Discharge Petrol at Lagos Ports

    Amidst scarcity, the Nigerian Ports Authority (NPA) on Tuesday said that 23 ships had arrived at the Lagos Port Complex and were discharging petrol and other items.

    The NPA, in its ”Daily Shipping Position”, listed other items being discharged as automobile gasoline, bulk wheat, general cargo, container, frozen fish, plaster, trucks and bulk salt.

    The authority said that 14 other ships were expected to arrive at the port between Feb. 15 to Feb. 22, laden with more fuel, butane gas and others.

    It said that the other items include bulk wheat, general cargo, frozen fish, bulk sugar and containers. The “Shipping Position” indicated that four other ships had arrived at the port, waiting to berth with general cargo and bulk sugar.

    Bad premium motor spirit (PMS) imported into the country has caused a lot of havoc to the economy as productive activities, movements have been restricted in some cities.

    While fuel price has been raised, activities of racketeers and other unholy practices have worsened the development that has persisted for the second week. Read: Nigerian Ports Authority Reveals Plan to Digitalise Operation

    Some filing stations are deliberating hoarding their supplies with an expectation of selling to the highest bidders, according to a detailed report from channels check conducted by MarketForces Africa.

    In Lagos, Ogun State a growing number of fuel stations are now out of supply, causing transporters to raise fare prices. A similar experience was noticed in Abuja today. #23 Ships Discharge Petrol at Lagos Ports

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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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