Would you like to receive notifications on latest updates of the following headlines?

Nigeria Imported $2.25bn Fuel from Malta In Nine Years - Report

POSTED ON July 26, 2024 •   Breaking News      BY Abiodun Saheed Omodara
Fuel Tanker l Credit: The Cable

After the allegations made by Alhaji Aliko Dangote regarding officials of the Nigerian National Petroleum Company Limited having blending plants in Malta, it has been revealed that Nigeria imported fuel worth $2.25bn from Malta over a period of nine years. 

Trade Map data shows that in 2023, Nigeria imported petroleum oils obtained from bituminous minerals worth $2.8bn, a significant increase from $47.5m in 2013. 

Fuel imports from Malta were $59.98m in 2014, $117.01m in 2015, and $13.32m in 2016. Notably, there were no fuel imports from Malta to Nigeria from 2017 to 2022, but in 2023, there was a substantial increase to $2.08bn.

There is speculation among some Nigerians that Dangote's claims about NNPC personnel owning blending plants in Malta may be true.

In the midst of the controversy surrounding his $20bn refinery, Dangote mentioned that "some of the terminals, some of the NNPC people, and some traders have opened blending plants somewhere off Malta. We all know these areas. We know what they are doing."
However, the Group Chief Executive Officer of the NNPC, Mele Kyari, denied having a blending plant outside Nigeria. 

He stated that he did not have any business operations outside Nigeria except for a local mini-agric venture and that he was not aware of any NNPC employee having or operating a blending plant in Malta or elsewhere in the world.

READ ALSO
Controller General Issues Urgent Security Directive for Correctional Facilities
BY Abiodun Saheed Omodara June 4, 2025 0

The Controller General of Corrections, Sylvester Nwakuche, has issued a strict order to all Zonal Co...

READ ALSO
NEMA Mobilizes Teams to 15 States Amid Flood Warnings
BY Abiodun Saheed Omodara June 4, 2025 0

The National Emergency Management Agency (NEMA) has sent officials to 15 high-risk states to educate...

READ ALSO
Road Maintenance Crisis: FERMA Requires N880 Billion Yearly Amid Budget Shortfalls
BY Abiodun Saheed Omodara June 3, 2025 0

ABUJA, Nigeria - The Federal Government needs approximately N880 billion each year for the upkeep of...

READ ALSO
FG Declares Friday, Monday public holiday for Eid-el-Kabir
BY Abiodun Saheed Omodara June 2, 2025 0

The Federal Government has declared Friday, June 6, and Monday, June 9, 2025, as public holidays to...

READ ALSO
Lagos Govt. Threaten Closure of Market, Over Non-Compliance of Environmental Regulations
BY Abiodun Saheed Omodara June 2, 2025 0

LAGOS, Nigeria - The Lagos State Government issued a warning on Sunday to traders at Alabarago Marke...

READ ALSO
FG Unveils 77,400 Units to Combat Nigeria's Housing Shortage
BY Abiodun Saheed Omodara June 2, 2025 0

The Federal Government has launched a groundbreaking initiative as part of the Renewed Hope Agenda,...

READ ALSO
LASG Set to Revive Monthly Environmental Sanitation Exercise
BY Abiodun Saheed Omodara June 2, 2025 0

LAGOS, Nigeria - Determined to ensure Lagosians adhere strictly to the hygiene standards that befits...

READ ALSO
Bandits to Take Control of Governance - El-Rufai
BY Abiodun Saheed Omodara June 1, 2025 0

Former Kaduna State Governor, Nasir El-Rufai, has stated that Nigerians have permitted bandits to as...

OUR CHANNELS:

EFCC Charges Two Men for Posing as Fake Sureties in Illegal Mining Case
BY Abiodun Saheed Omodara June 4, 2025 0

The Economic and Financial Crimes Commission (EFCC) has charged two individuals, Shehu Abdu and Isah...


Court Sentence Scrap Seller to 12 Years for Sexual Assault of Four-Year-Old Girl
BY Abiodun Saheed Omodara June 4, 2025 0

A scrap seller, Nasiru Usman, was sentenced to 12 years in prison by an Ikeja Sexual Offences and Do...


70-Year-Old Faces Manslaughter Charges After Fatal Accident
BY Abiodun Saheed Omodara June 5, 2025 0

LAGOS, Nigeria - A 70-year-old man, Isiaka Afolayan, has been detained for careless driving and the...


Police Arrest 49 years old Suspect for Abduction of Two-Month-Old Baby
BY Abiodun Saheed Omodara June 5, 2025 0

DELTA, Nigeria - The police in Delta reported the arrest of a suspect named Joy Temitope for the abd...


43 Lives Lost in Benue Armed Attacks
BY Abiodun Saheed Omodara June 4, 2025 0

BENUE, Nigeria - At least 43 individuals lost their lives when armed assailants targeted communities...


Health Equity: Nigeria's Push for Universal Health Coverage
BY Abiodun Saheed Omodara June 4, 2025 0

In alignment with the global effort towards Universal Health Coverage (UHC), Nigeria is striving to...


Road Maintenance Crisis: FERMA Requires N880 Billion Yearly Amid Budget Shortfalls
BY Abiodun Saheed Omodara June 4, 2025 0

ABUJA, Nigeria - The Federal Government needs approximately N880 billion each year for the upkeep of...


Okocha Urges Victor Osimhen to Consider Staying at Galatasaray
BY Abiodun Saheed Omodara June 4, 2025 0

Nigerian football icon Jay-Jay Okocha has shared advice with Victor Osimhen amid growing speculation...


60,000 Nigerians Abroad Register on Diaspora Data Mapping Portal
BY Abiodun Saheed Omodara June 5, 2025 0

Approximately 60,000 Nigerians residing overseas have registered on the Diaspora Data Mapping Portal...


PDP Leaders Slam Minister for Backing Tinubu's 2027 Campaign
BY Abiodun Saheed Omodara June 5, 2025 0

The People’s Democratic Party (PDP), New Nigeria Peoples Party (NNPP), Coalition of United Pol...


More Articles

Load more...

Menu