WE WILL END IMPORTATION OF PMS IN 18 MONTHS-FG

photo source: sunnewsonline.com
 Dr Ibe Kachikwu, the Minister of State for Petroleum has stated that the Federal Government of Nigeria is planning to end the importation of Premium Motor Spirit (PMS) popularrly known as fuel, within the period of 12 to 18 months.
 The Minister said this in Abuja and also added that, the process of fixing Nigerian refineries had started and there will be Joint Venture (JV) patnering. He said "The total revamp of the refineries is being hindered by lack of funds and investments, especially as most of the refineries are old and needed massive overhaul and refurbishment."
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