Category : Search result: fuel import duty


Lekki Deep Sea Port Severely Underused - NPA

Nigeria Ports Authority exposes shocking underutilization of Lekki Deep Sea Port as local businesses fail to leverage Africa's deepest port facility, missing massive trade opportunities.

Dangote Refinery Withdraws Lawsuit Against NMDPRA

In a dramatic turnaround, Dangote Refinery has withdrawn its lawsuit challenging the NMDPRA's issuance of import licenses to competitors. Discover how this decision could reshape Nigeria's energy landscape and fuel pricing.

Nigeria to Privatize Refineries in Historic Agreement

In a groundbreaking move to revitalize Nigeria's oil sector, the Federal Government and manufacturers have agreed to privatize the Port Harcourt refinery and other national refineries, promising to end fuel import dependency.

US Supreme Court Skeptical of Trump Tariff Legality

American Supreme Court justices express serious doubts about Trump-era tariff legality, raising concerns about global trade implications and potential impacts on Nigerian importers and consumers.

FG Plans Refinery Sale to Boost Competition

The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.

Dangote Refinery Cuts Petrol Prices, Shakes Market

In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.

Nigerians Maintain Faith in President Tinubu

Amid economic reforms and national challenges, President Bola Tinubu maintains significant public confidence as Nigerians recognize the necessity of difficult decisions for long-term prosperity.

BP Profit Surges to $2.7B as Oil Prices Soar

British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.

PENGASSAN Strike Threatens Nigeria's Oil Economy

As PENGASSAN oil workers threaten nationwide strike over minimum wage disputes, Nigeria faces potential economic paralysis. Explore the delicate balance between workers' rights and national survival.

Fuel Price Surge: ₦200 Extra Per Litre in Nigeria

Nigerians are facing another petrol price hike as filling stations across the country implement additional charges of ₦200 per litre, worsening the ongoing fuel crisis and economic hardship.

Imported Petrol Cheaper Than Dangote Refinery in Nigeria

Nigerian fuel market experiences dramatic shift as imported petroleum products undercut Dangote Refinery prices following President Tinubu's tariff reforms. Discover how this price war is reshaping Nigeria's energy landscape.

CSOs Praise FG's 15% Fuel Import Levy

Nigerian civil society organizations are applauding the Federal Government's strategic 15% tariff on imported refined petroleum products, hailing it as a game-changer for local refining capacity and economic growth.

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