Tag: Fuel Subsidy

2027: Atiku vows to restore fuel subsidy, disowns aide’s contrary comment

Economy Omolola Akinyemi -
Atiku Abubakar has reaffirmed his plan to restore targeted fuel subsidy if elected president in 2027, saying Nigerians need...

Fuel subsidy: Economist questions N17.5tn debt owed to NNPCL

News Omolola Akinyemi -
Nigeria’s fuel subsidy debate has resurfaced after NNPCL’s 2024 accounts revealed N7.13tn in energy security expenses and N17.5tn owed...

Petrol price falls below ₦1,300 as Dangote cuts prices, refinery battles government over crude supply

Business Damilola Bayonle -
IBADAN, Nigeria — Petrol prices fell below ₦1,300 per litre at several filling stations in Ibadan, Lagos and Ogun...

Nigeria’s petrol price hike deepens despite cheaper crude and stronger naira

Business Damilola Bayonle -
Nigeria’s Petrol Price Hike Sparks Confusion Among Consumers Despite the strengthening of the naira and a sharp decline in global...

Dangote Drops Lawsuit Over Fuel Import Permits

Business Damilola Bayonle -
In a significant legal development, Dangote Petroleum Refinery and Petrochemicals has formally withdrawn its lawsuit challenging the issuance of...

Nigeria Faces ₦1,000/Litre Fuel Price as Global Oil Rises Amid Middle East Tensions

Business Damilola Bayonle -
Nigeria’s pump price for Premium Motor Spirit (PMS), commonly known as petrol, could surge to ₦1,000 per litre in...

Midterm Reckoning: Labour Counters Tinubu’s Scorecard, Says Reforms Inflict Pain

News Damilola Bayonle -
As President Bola Ahmed Tinubu marked his second year in office with a national broadcast reaffirming his administration’s commitment...

Fuel Ban Fears Spark Dangote, Marketers Clash

Business Damilola Bayonle -
The looming possibility of a fuel import ban in Nigeria has reignited tensions between the Dangote Petroleum Refinery and...

Dangote Refinery Unveils Plan for #65/Litre Fuel Subsidy Refund

Damilola Bayonle -
In a move aimed at ensuring that Nigerians benefit from the recent reduction in the price of Premium Motor...