The NNPC has announced a new petrol price reduction, setting PMS at ₦900 per litre in Lagos and ₦940 in Abuja. Get details on the updated...
Nigeria must also address the hidden costs embedded in its energy logistics. The government should invest heavily in energy infrastructure like pipelines, depots, and transport networks...
Energy experts warn that the Federal Government’s new 15% import duty on petrol and diesel may increase fuel prices and inflation, even as PETROAN backs the...
Across Nigeria, petrol attendants manipulate pumps to shortchange consumers, costing millions of litres of fuel yearly. Investigations reveal under-dispensing, overcharging, and weak NMDPRA oversight.
President Bola Tinubu had, in his May 29, 2023 inauguration speech, declared that “subsidy is gone,” ending decades of costly payments that drained tens of trillions...
In a statement issued on 23 July 2025, NNPC highlighted Ojulari’s achievements so far, such as reviewing key refineries, building partnerships with the Dangote Refinery, and...
While reaffirming his belief in the power of free markets and international cooperation, Dangote emphasised that trade must be grounded in economic efficiency and comparative advantage...
Recently, depot owners reduced the prices of petrol by five per cent when the price of Nigeria’s Bonny Light dropped to $68 per barrel from more...
Emadeb reduced its depot price to N827 per litre from N903 per litre while First Royal slashed same to N826 per litre from N828 per litre.
According to reports, some operators including MRS and Adorva, which lift petrol from the Dangote Petroleum Refinery, will likely adjust their pump prices to N910 per...