New Fuel Taxes in 2026 to Raise Petrol, Diesel Prices
President Tinubu's government plans a 15% levy on imported petrol and diesel, plus a 5% fossil fuel surcharge from 2026. Experts warn of soaring costs for Nigerians. Full analysis inside.
President Tinubu's government plans a 15% levy on imported petrol and diesel, plus a 5% fossil fuel surcharge from 2026. Experts warn of soaring costs for Nigerians. Full analysis inside.
The Nigerian government suspends a controversial 15% fuel import duty to avoid festive season price hikes. Experts warn of policy inconsistency and the need for long-term energy security. Read more.
A Nigerian man in Ilorin identifies Ayinlak filling station as selling the cheapest petrol following Aliko Dangote's announcement of a new price of ₦739 per litre. See his findings.
A Nigerian man from Delta State complains filling stations still sell petrol at N900, ignoring Dangote's new N739 price. Netizens react to the disparity. Read more.
Dangote Refinery reduces petrol price to N699 per litre, sparking excitement and debate on the role of billionaires in Nigeria's economy. Read Nigerians' reactions.
Africa remains trapped in fuel import dependence despite new refineries. This analysis reveals the structural barriers, from fragmented standards to poor infrastructure, that keep the continent vulnerable to global shocks. Discover the path to true energy
Analysis reveals the proposed Customs, Excise and Tariff Amendment Bill lacks Nigeria-specific evidence, risks 1.5 million jobs, and contradicts fiscal stability goals. Lawmakers urged to pause for broader consultation.
Nigerians celebrate as Dangote Group reduces fuel price to ₦739 per litre. A young man's viral post declares 'Dangote has won the battle.' Read the public's reaction.
Nigeria emerges as the 5th African nation with the cheapest fuel, thanks to the Dangote Refinery's impact. See the full top 10 list and analysis of pricing factors.
NNPC releases new petrol prices nationwide ahead of Christmas. Abuja is now the cheapest at N835 per litre, while Gombe is the most expensive at N965. See the full state-by-state breakdown here.
NNPC, MRS, and Ardova have reduced petrol pump prices across Nigeria, with cuts up to N80 per litre, following Dangote Refinery's major price review. Discover the latest rates in Lagos and Abuja.
The Nigeria Customs Service announces a 3% penalty for banks delaying stamp duty remittances. Defaulters risk public exposure and deactivation from the B'odogwu platform. Read the full details.
A Nigerian man shares his experience confirming the new N739 per litre fuel price at an MRS station in Lagos after Dangote's announcement. Read his story and details.
A Nigerian man visited an MRS filling station in Victoria Island to verify Dangote's new petrol price of N739 per litre. He shared a video and receipt, showing significant savings. Read his story and public reactions here.
Nigerians witness a sharp drop in petrol prices after Dangote Refinery slashed its ex-depot rate. MRS leads with N739/litre in Lagos, while other cities adjust. Read the latest market updates.
NNPC slashes petrol prices in Lagos and Abuja after Dangote Refinery's price cut, sparking a potential fuel price war. Get the latest updates and analysis.
Aliko Dangote assures Nigerians of stable petrol supply during Christmas and reveals plans to make his refinery the world's largest by 2028. Read the full details.
President Trump overturns Biden's fuel-economy rules, claiming it will lower car prices. Critics warn it will worsen climate change and increase fuel costs for drivers.
The CPPE warns Nigeria's proposed excise duty increase on beverages may trigger job losses and worsen inflation. Experts urge broader public health strategies instead. Read more.
Nigerian manufacturers oppose a Senate bill to raise sugary drink taxes to 20%, fearing massive job losses. Health Ministry backs the tax for public health funding. Read the full debate.
Lagos slashes rice price to N57,000 per 50kg bag, triggering market-wide reductions. Farmers forecast further price drops ahead of Christmas but criticize import policies. Read for full market analysis.
The CPPE warns that the Senate's plan to increase excise duty on non-alcoholic drinks is economically disruptive and threatens jobs. They urge its withdrawal. Read more.
Dangote Refinery reduces petrol ex-depot price to N840/litre, triggering competitive cuts among depot owners. The move follows NNPC's price adjustment and a global crude oil price crash to $60 per barrel. Read more on the festive season relief.
NNPC reduces petrol pump price to N905 per litre, but major marketers like Ardova and MRS offer cheaper fuel. Analysts predict further cuts as competition intensifies.
Learn how to transfer Gmail contacts to iPhone using 3 proven methods. Sync contacts instantly via Settings, iCloud, or third-party apps. Complete Nigerian guide.
Major Nigerian filling stations slash petrol prices below NNPC rates as imports surge. Discover how this impacts consumers and market competition.
President Tinubu's administration suspended 4 major economic policies following public outcry. Learn about the reversed decisions and their impact on Nigeria's economy.
Bulgaria takes control of Lukoil's Neftochim refinery to avoid US sanctions. Learn how this affects fuel supply in Southeast Europe and the search for new buyers.
At COP30 in Belém, Brazil's President Lula urges global climate action, fossil fuel reduction, and climate justice. World leaders must commit to emissions cuts now.
The EU moves to stop fossil fuel investments from being labelled 'sustainable'. Learn how this new three-tier system aims to combat greenwashing and protect investors.