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...
Fuel scarcity and long queues at petrol stations continue to plague many parts of the country, even 11 months after the subsidy removal, undermining some of...
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...
Petrol scarcity grips Sokoto as filling stations shut down and black-market prices soar to ₦1,800 per litre. Residents decry hardship and urge government action against hoarding.
Labour Party’s Peter Obi has criticized the Federal Government for failing to act on PENGASSAN’s nationwide strike, which has shut down NNPCL, NUPRC, and NMDPRA. He...
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.
NUPENG has announced a nationwide strike starting September 8, 2025, over alleged anti-union practices linked to Dangote Refinery’s new CNG trucks. The union cites violations of...
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...