Africa spends over $120bn annually on hydrocarbon imports – Lokpobiri
[Hallmark - Nigeria] - 3/02/2026
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has revealed that African countries collectively spend over $120 billion every year importing hydrocarbons, a development he described as a major drain on the continent’s economy and a clear indication of the urgent (…)
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