Category : Search result: fuel crisis


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.

Dangote Vows No Fuel Queues During Christmas

Dangote Petroleum Refinery promises uninterrupted supply of Premium Motor Spirit and diesel during Christmas season, addressing fuel scarcity concerns across Nigeria.

Nigeria Converts Plastic Waste to Diesel Fuel

Groundbreaking Nigerian innovation transforms plastic pollution into valuable diesel fuel, offering dual solution to environmental waste and energy security challenges while creating economic opportunities.

Fuel Tax Delayed Until Naira Recovers, Oil Prices Fall

The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.

Petrol May Hit ₦1,163/Litre in New FG Plan

Nigerians brace for tougher times as the Federal Government's new petrol tariff could push pump prices to unprecedented levels while aiming to generate massive revenue.

Fuel Tanker Crash in Ibadan - 33,000 Litres Spill

A major disaster was narrowly avoided in Ibadan when a petrol tanker loaded with 33,000 litres of fuel crashed in the Ologuneru area. Emergency services responded swiftly to prevent explosion and environmental contamination.

APC's Emami Warns Against 15% Fuel Import Tariff

Prominent APC leader Henry Emami raises urgent concerns about Nigeria's planned 15% fuel import levy, predicting severe economic consequences including higher transportation costs and increased inflation for ordinary Nigerians.

Tinubu imposes 15% tariff on imported fuel

President Tinubu's administration has introduced a 15% import levy on petroleum products, signaling major changes for Nigeria's energy sector and potentially affecting fuel costs across the nation.

Tinubu Cuts Petrol Import Duty to 15%

In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost Nigeria's energy sector.

Tinubu Cuts Fuel Import Duties - Price Impact

In a major economic move, President Bola Tinubu has approved a 15% import duty reduction on petroleum products. Discover how this decision could affect fuel prices across Nigeria.

Tinubu Slashes Petrol Import Duty to 15%

In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost economic activities across Nigeria.

Oil Marketers Warn Against Monopoly in Nigeria

Major petroleum marketers in Nigeria are raising concerns about market dominance and calling for transparent access to facilities to ensure fair competition in the downstream oil sector.

Economic Saboteurs Threaten Dangote Refinery - NAPS

The National Association of Petroleum and Natural Gas Senior Staff calls for immediate federal intervention to protect Africa's largest refinery from economic saboteurs undermining Nigeria's energy independence.

Boko Haram Forced Jonathan to Keep Fuel Subsidy - Sanusi

Former CBN Governor Sanusi Lamido Sanusi reveals how Boko Haram insurgency compelled President Goodluck Jonathan to reverse fuel subsidy removal in 2012, exposing the intricate link between terrorism and economic policy in Nigeria.

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