The World Bank projects Nigeria’s growth at 4.3% in 2026 but warns that high fuel prices could slow poverty reduction and hurt low-income households.
An Abuja Federal High Court has ruled that NMDPRA’s refusal to issue or renew fuel import licences for three marketers violated the PIA 2021.
SERAP has called for the government to account for the full ₦78.8 billion, publish the audit trail for the ₦33.751 billion, explain the dispute over the...
MRS has reduced petrol price in Lagos by N20 to N1,350 per litre as depot prices continue to fall, with Port Harcourt recording N1,303.
The question Nigerians should be asking is therefore not whether petrol carries a higher sticker price in London. It is why a comparison built on that...
When policies stop serving the people, they must be reviewed. Therefore, the message should be clear: “Return the subsidy to the people, not to the barons”....
Petrol depot prices have dropped across Lagos and other markets, while diesel prices also fell sharply, raising hopes of lower pump prices.
The Law of Unintended Consequences should also remind politicians of something else: The public office has consequences. Every law passed affects somebody. Every budget approved affects...
They need to see roads, hospitals, schools, public transportation, affordable energy, effective social protection, and economic opportunities that demonstrate where the savings are going.
MRS, NNPC and independent marketers have raised petrol prices as higher crude oil costs put pressure on transporters, households and businesses.