The Nigerian National Petroleum Corporation (NNPC) imported 6.2bn litres of premium motor spirit (PMS) popularly known as petrol, last year to remain one of Africa's highest petrol importers.
The imports were made through the Offshore Processing Arrangements (OPA), a system whereby NNPC allocates more than 200,000 barrels of crude oil to another party who would refine abroad and then return the refined products to NNPC.
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