
Despite reduced prices at the depots by Dangote and operators, cooking gas retailers are exploiting consumers, making as much as 35% profit per kilogramme.
Despite reduced prices at the depots by Dangote and operators, cooking gas retailers are exploiting consumers, making as much as 35% profit per kilogramme.
Fuel imports surged by 71% in May and June, despite the presence of Dangote Refinery and other functional local refineries. The marketers spent about N2.1 trillion.
The rise in crude oil prices is causing a surge in petrol costs in Nigeria, with some filling stations already selling the commodity at N900 per litre.
The National Bureau of Statistics has once again revealed an increase in the cost of refilling cooking gas nationwide, and where it is most expensive, cheapest/
The Nigerian government, via the Federal Ministry of Environment, has unveiled a clean-cooking initiative, targetinging over four million Nigerian households.
The National Bureau of Statistics has revealed that diesel prices have risen again, with Benue recording the highest average cost and Anambra the lowest.
Aliko Dangote's decision to resign as chairman of his sugar and cement companies to focus on his refinery sparked reactions from Nigerians and stakeholders.
Nigeria's oil production rose to about 1.8 million barrels per day in June, according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The Nigerian government has capped tanker loads to 45,000 litres of fuel to curb road accidents, infrastructure damage and theft on Nigerian roads.
Nigerian entrepreneur Tony Elumelu frowned at Nigeria’s persistent electricity challenges, revealing that less than 7,000MW of power is shared by over 200 million.
Energy
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