FG imposes 15% tariff on imported fuel, prices to rise
Nigerians face higher fuel costs as Federal Government introduces 15% levy on imported petroleum products. Learn how this tariff will impact petrol and diesel prices across the country.
Category : Search result: household energy costs
Nigeria: Africa's New Oil Trading Powerhouse Emerges
Nigeria is rapidly transforming into Africa's premier oil trading hub, positioning itself as the continent's next major growth frontier in global energy markets.
15% Tariff Hike: Why Nigerians Are Furious
The Federal Government's controversial 15% tariff increase faces massive backlash from economists and citizens who argue it will cripple businesses and deepen poverty across Nigeria.
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.
Africa Must Scale Energy Supply Quickly: Transcorp President
Transcorp President Owen Omogiafo calls for urgent expansion of Africa's energy supply at FII9 Summit, highlighting the critical link between reliable power and continental development.
Cooking Gas Prices Set for Major Drop in Nigeria
Cooking gas marketers predict substantial price reduction as Nigeria targets 6 million metric tonnes to meet growing consumer demand and ease economic pressure on households.
Fuel Price War: Depot Owners Cut Rates to Match Dangote
Nigerian fuel depot owners have dramatically reduced petrol prices in response to competitive pressure from Dangote Refinery, bringing relief to consumers amid ongoing market shifts.
Sanwo-Olu's ₦2.7bn Relief for Lagos + FG's ₦75k Nationwide
Lagos State Governor Babajide Sanwo-Olu has initiated a massive ₦2.7 billion financial relief program for vulnerable households, while the Federal Government expands its cash transfer scheme nationwide with ₦75,000 payments to millions of 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.
Rana Energy Raises $3M for AI Clean Energy in Africa
Nigerian energy startup Rana Energy raises $3 million in funding to expand its AI-driven clean energy solutions across Africa, tackling electricity challenges with innovative technology.
Shell Profit Jumps to $7.7B Amid Oil Price Surge
Shell records massive profit jump to $7.7 billion amid rising oil prices, signaling positive trends for Nigeria's oil-dependent economy and energy sector investments.
Nigeria Manufacturers Face 51% Forex Shortage Crisis
MAN reveals only 49% of manufacturers' forex needs are met, threatening production and economic growth despite positive 4% sector outlook for 2024.
Green Shipping: Africa's Economic & Environmental Future
Discover how sustainable maritime technology could revolutionize Africa's economy while combating climate change. Learn about green shipping opportunities for the continent.
Nigeria loses ₦4.5B to hospital infections yearly
Shocking report reveals how preventable healthcare-associated infections drain Nigeria's economy of billions while putting patients at risk. Discover the silent crisis in Nigerian hospitals.
Nigerian Couple in Canada's ₦21M Monthly Expenses
A Nigerian lady living in Canada with her husband has gone viral after sharing their staggering monthly expenses totaling over ₦21 million. Discover how much they spend on rent, groceries, transportation and more in this eye-opening financial revelation.
Admiral Brings American Home Appliances to Nigeria
American appliance giant Admiral launches in Nigeria, offering innovative refrigerators, freezers, and cooking solutions designed for Nigerian families seeking modern, efficient home living.
FG Plans Electricity Subsidy for Vulnerable Nigerians
The Federal Government announces strategic electricity subsidy initiative to protect low-income households and vulnerable Nigerians from recent tariff increases while maintaining sector sustainability.
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.
FG & Nasarawa Partner for Rural Mini-Grid Electrification
Federal Government collaborates with Nasarawa State to launch groundbreaking rural electrification initiative, bringing reliable power to underserved communities through innovative mini-grid technology.
GSK boosts 2025 forecast amid Nigeria tariff reforms
British drugmaker GSK raises 2025 profit guidance as Nigeria's tariff reforms create favorable market conditions. Discover how this impacts healthcare costs and medicine availability.
Cross River Gets 440kWp Mini-Grid Power Boost
Four communities in Cross River State celebrate reliable electricity as REA's interconnected mini-grid project delivers 440kWp of clean power, transforming lives and boosting local economy.
Equinor's $251M Loss: Nigerian Oil Prices Plunge
Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.
Nestoil Clarifies Receivership Situation with Lenders
Nestoil clarifies receivership situation, confirms lenders' action against subsidiary while maintaining business stability. Get exclusive details on the corporate development.
Nigeria Converts Plastic Waste into Diesel Fuel
Nigeria pioneers innovative technology converting plastic pollution into clean diesel, tackling waste crisis while creating sustainable energy solutions.
Venezuelan Oil Ships Dodge Drug Boats in Caribbean
Exclusive report reveals how Venezuelan oil tankers navigate through dangerous Caribbean waters filled with drug trafficking vessels while maintaining crucial energy exports.
Nigeria Exports Solar Panels to Ghana
Nigeria achieves groundbreaking milestone in renewable energy sector as Minister of Power Adebayo Adelabu announces successful solar panel exports to Ghana, marking new era of regional energy collaboration.
Nigeria Finds Its Voice: Kebede Leads Sustainable Africa Push
Ethiopian visionary Gerishon Kebede leads groundbreaking initiative positioning Nigeria at the forefront of Africa's sustainable development movement, challenging global narratives.
Court Freezes Nestoil Assets in $1B Debt Case
Federal High Court issues Mareva injunction against Nestoil, freezing company assets amid explosive $1 billion debt case with Sahara Energy. Legal battle reveals corporate financial tensions.
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