Oil & gas

Tension at Lekki Port: Stakeholders Oppose Lagos Govt’s N12,500 Truck Fee

The National Association of Road Transport Owners (NARTO) and the Maritime Workers Union of Nigeria (MWUN) have rejected the Lagos State Government’s N12,500 levy...

Petrol Nears ₦1,000/Litre as PENGASSAN Blames Marketers, Depot Shutdown

Petrol prices surged nationwide on Monday following rising crude oil prices triggered by the Israel-Iran crisis, and a simultaneous strike by tanker drivers in...

Dangote: Fuel Sector Overhaul Imminent as Tinubu Endorses $20bn Refinery

President of Dangote Group, Aliko Dangote, has announced plans for a sweeping transformation of Nigeria’s downstream petroleum sector, promising a development that will “shake”...

IPMAN: Dangote Refinery Should Sell Petrol for N750–N780/Litre

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the Dangote Petroleum Refinery should reduce the price of Premium Motor Spirit (PMS)...

FG Says $84bn Saved From Subsidy Removal, 40 Roads Funded

The Federal Government says the removal of petrol subsidy under President Bola Tinubu’s administration has saved Nigeria over $84 billion, enabling the execution of...

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