Africa's Largest Producer Of Oil Nigeria Has Become The Largest Importer Of Petrol In The World

Nigeria is the only member country in the OPEC that imports petrol and is currently the largest importer of Premium Motor Spirit (PMS) in the world. This country  currently produce 10M liters/day and consume 45-50M liters/day. They actually import one million tonnes of PMS every month. I would say little bit strange for a country which produces oil and gas and has refinery...

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When country has incompetent and corrupt leaders at the helm of affairs, that's usually what happens. Nigeria is fast descending to nowhere. From export to import. Too bad!

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