German Steel Industry Faces Major Crisis and Job Cuts
Germany's once-powerful steel industry confronts an uncertain future as high energy costs and global competition threaten thousands of jobs and factory operations across the nation.
Category : Search result: fuel crisis
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.
Manufacturers Demand Privatization of Nigeria's Refineries
MAN advocates complete privatization of Nigeria's state-owned refineries to address persistent fuel shortages and boost manufacturing sector competitiveness.
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.
Sudanese Women Describe Mass Rape Fleeing El Fasher
Disturbing eyewitness accounts emerge from Sudan as women and girls describe systematic sexual violence while fleeing conflict in El Fasher. Survivors reveal how armed men preyed on vulnerable civilians.
Dangote Refinery Cuts Petrol Price to ₦880.5/Litre
Dangote Refinery and its depots have significantly reduced petrol prices to ₦880.5 per litre, creating intense market competition and potential relief for Nigerian consumers.
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.
Redirect Subsidy Savings to Infrastructure - Expert Urges FG
Economist Dr. Muda Yusuf advocates for transparent investment of subsidy removal funds into roads, power, and social infrastructure to boost Nigeria's economy.
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.
Fuel importers warn Tinubu over 15% tariff crisis
Nigerian fuel marketers demand President Tinubu address 15% NAC tax or face nationwide fuel price increases. Coalition warns of economic consequences.
Dangote Refinery Hits 70M Litres, NNPC Cuts Petrol Prices
Nigeria's energy sector experiences major transformation as Dangote Refinery achieves massive production capacity while NNPC implements nationwide fuel price reductions, bringing relief to millions of Nigerians.
Tinubu's 15% Petrol Tax Sparks Marketers' Outrage
Nigerian petrol marketers react strongly to President Tinubu's new 15% import tax policy, warning of severe consequences for fuel prices and economic stability across Nigeria.
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.
Nigerian Workers Suffocate Under Fuel Price Hikes
NASU sounds alarm over worsening economic crisis as workers struggle to survive amid skyrocketing living costs and relentless fuel price hikes across Nigeria.
Osun 2026: PDP, APC Clash Over Party Crisis
Political tension escalates in Osun State as PDP and APC trade accusations over internal party crisis ahead of 2026 governorship election. Get the latest on the brewing political storm.
NNPC Implements Major Petrol Price Reduction in Nigeria
Nigerians celebrate as NNPC announces major fuel price cuts at retail stations nationwide, bringing relief to motorists and businesses.
Nigeria Cooking Gas Crisis: Prices Soar Amid Supply Issues
Nigerian households and businesses struggle as cooking gas scarcity hits major cities with depot owners increasing prices amid supply disruptions and logistical challenges.
Security Guard Vanishes With Woman's 20 Litres of Fuel
A Nigerian woman shares her heartbreaking experience after a security guard she trusted disappeared with 20 litres of precious fuel. Her viral story serves as warning to others.
Tinubu gets voter backing on fuel import duty
Key voter advocacy groups throw weight behind President Tinubu amid 15% fuel import duty debate, signaling crucial political backing for economic reforms.
Fuel Price Shock: Petrol Hits N889/Litre in Nigeria
Nigerians face mounting anxiety as depot owners implement sharp petrol price increases, with costs reaching N889 per litre amid distribution challenges and economic uncertainty.
Nigeria's Economic Crisis: Experts Sound Alarm
Economic analysts sound alarm bells as Nigeria faces mounting challenges including currency volatility, rising inflation, and policy uncertainties that threaten citizens' livelihoods.
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.
Food Aid Crisis: Millions of Nigerians Risk Hunger
Critical food assistance for millions of vulnerable Nigerians faces imminent collapse due to government shutdown, putting lives at risk and threatening national food security.
Tinubu's 15% fuel import duty sparks economic debate
A prominent advocacy group defends President Tinubu's controversial 15% import duty on fuel, calling it a strategic move toward economic independence and local refinery growth.
Tinubu's ₦15 Fuel Levy Praised as Job Protection Move
Nigerian economic experts applaud President Tinubu's strategic ₦15 fuel import levy, calling it a revolutionary move to safeguard local jobs and boost economic sovereignty
5% Fuel Surcharge Starts November 1 - FIRS
Nigerians brace for increased fuel costs as FIRS Chairman Taiwo Oyedele reveals new 5% import surcharge implementation timeline and tax reform plans.
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