Inside details of the unpaid petrol bridging claims
An anticipated increase in petrol price is always unwelcome by most Nigerians, yet the current fuel shortage may get messier in the coming weeks as the face-off between the federal…
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Petrol
More subsidy worries for Nigeria as FG caves in to airlines on jet fuel
Nigerian government officials met on 9 May with members of the Airline Operators of Nigeria (AON) group in a bid to resolve the issue of the rising cost of jet fuel. High prices had forced…
Nigeria’s biggest downstream firms grow profit by 57% despite dirty petrol saga
Nigeria’s downstream sector witnessed a major setback in the first quarter of 2022 following a major disruption in the supply and distribution chain of Premium Motor Spirit (PMS).
This…
Lagos, Kano, Niger top list of states with highest petrol allocation
Lagos, Kano and Niger got the highest allocation of petrol distributed to states between March 7 and March 20.
According to a report issued by the Nigerian National Petroleum Company…
Price increase, lower capacity utilization loom for manufacturers on surging diesel…
Nigeria’s inability to supply and distribute sufficient electricity has left manufacturers at the mercy of alternative energy sources such as the use of generators that consume diesel and…