Dangote Petroleum Refinery hikes ex-depot petrol price from N1,175 to N1,245 per litre as global oil prices and shipping costs surge.
Crude prices climb above $100 per barrel amid Middle East strikes and Hormuz blockade, while global markets show mixed reactions.
Depot operators halt sales after Dangote Refinery raised its petrol ex-depot price to ₦1,175 per litre following a sharp rise in global crude oil prices.
The common man should not carry the entire burden of global energy crises. For millions of Nigerians struggling to survive in cities like Lagos, fuel price...
Oil marketers delay pump price reduction even after Dangote Refinery cut petrol gantry price by N100. Fuel still sells up to N1,300 per litre.
The rising cost of fuel is more than an inconvenience; it is a call to action. Nigerians must demand policies that prioritize sustainability and equity, while...
Kunle Afolayan says rising diesel prices are putting immense pressure on his creative hub, KAP Village. He calls for support to expand renewable energy infrastructure in...
Subsidy in itself is not a bad policy. Many countries around the world still support their citizens through various forms of energy subsidy. Indonesia maintains government-controlled...
So when another tanker overturns and crowds rush in, the real failure is collective. Government has failed to enforce safety standards and provide economic relief. Regulators...
Despite these challenges, an outright removal of the fuel subsidy without adequate safeguards could worsen poverty and hardship. Therefore, any reform must be carefully managed, with...