• NNPC Petrol Discount Not Fuel Subsidy, Oyedele Explains

    NNPC Petrol Discount Not Fuel Subsidy, Oyedele Explains0

    NNPC Petrol Discount Not Fuel Subsidy, Oyedele Explains The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has clarified that the 30-day petrol discount introduced by the Nigerian National Petroleum Company Limited (NNPC) Retail does not amount to a return of fuel subsidy. US Reportedly Schedules Fort Hood Shooter Nidal Hasan’s Execution

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  • If Obi Becomes President, Fuel Import Corruption Will Lead To Jail – Amaechi

    If Obi Becomes President, Fuel Import Corruption Will Lead To Jail – Amaechi1

    By Newsworld African Democratic Congress (ADC) vice-presidential candidate, Rotimi Amaechi, has said corruption in Nigeria’s fuel importation sector could be stopped within a short period if the country’s president demonstrates the political will to tackle it. Amaechi made the remark during an interview with AIT, while discussing the ADC’s proposed approach to fuel subsidy, the

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  • Fresh Concerns As Petrol Nears N1,500/L In Nigeria

    Fresh Concerns As Petrol Nears N1,500/L In Nigeria0

    Fresh concerns are mounting over another increase in the price of petrol in Nigeria as pump prices approach ₦1,500 per litre in parts of the country. The latest development followed an increase in the ex-depot price of Premium Motor Spirit, commonly known as petrol, by Dangote Petroleum Refinery. The refinery reportedly raised its petrol gantry

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  • Dangote Commends Tinubu’s Reforms, Says Nigeria Is On The Right Path

    Dangote Commends Tinubu’s Reforms, Says Nigeria Is On The Right Path0

    LAGOS — President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote, has commended President Bola Tinubu’s economic reforms, saying the measures are gradually putting Nigeria on the path of sustainable economic growth. Dangote said the ongoing fiscal, monetary and regulatory reforms introduced by the Federal Government have begun to produce tangible results,

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  • Dangote Refinery May Restrict Petrol Supply to Importing Marketers

    Dangote Refinery May Restrict Petrol Supply to Importing Marketers0

    The Dangote Petroleum Refinery and Petrochemicals may restrict the supply of Premium Motor Spirit (PMS) to major oil marketers that continue to import petrol into Nigeria, amid concerns over product quality, blending and market transparency. A source familiar with the refinery’s position said the proposed measure could take effect as early as this week, subject

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  • Femi Otedola Hails Tinubu’s 15% Petrol, Diesel Import Tariff Policy

    Femi Otedola Hails Tinubu’s 15% Petrol, Diesel Import Tariff Policy0

    Femi Otedola Hails Tinubu’s 15% Petrol, Diesel Import Tariff Policy Billionaire businessman and Chairman of Geregu Power Plc, Femi Otedola, has applauded President Bola Ahmed Tinubu for introducing a 15 percent import tariff on petrol and diesel, describing it as a bold and strategic move that will transform Nigeria’s downstream oil and gas sector. PDP

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