Tag: Petrol Prices

Trump surprised by Australia troop refusal as Strait of Hormuz fuel crisis deepens

Strait of Hormuz Fuel Crisis is escalating global tensions as voices surprise over refusing to send troops to support...

Petrol price surge: Marketers urge FG to subsidise crude to avert fuel shock

Nigeria’s downstream petroleum sector is once again under pressure as a recent uptick in global crude oil prices triggers...

Dangote Refinery warns petrol could hit N1,400/litre without local refining

The Dangote Petroleum Refinery has issued a stark warning that petrol pump prices in Nigeria could surge to as...

TUC rejects 15% fuel import duty, warns of higher petrol prices

The Trade Union Congress of Nigeria (TUC) has rejected the Federal Government’s proposed 15% fuel import duty, warning that...

Nigerians face ₦1tn burden as FG enforces 15% import tariff on petrol

Nigerians may soon spend nearly ₦1 trillion more annually on petrol following the Federal Government’s decision to implement a...

Dangote dismisses allegations of low-cost petrol sales in Togo

The Dangote Group has strongly dismissed allegations that its refinery sells petrol to foreign traders in Togo at rates...