Source has disclosed the ground plan of a prominent PDP governor who is set to officially decamp to the APC. Date and other details of the event have been revealed.
President Bola Tinubu has approved a 15% import duty on petrol and diesel a move that is expected to protect local refiners like Dangote Refinery.
TotalEnergies EP Nigeria Limited is now accepting applications from qualified Nigerians for multiple job openings for technical and non-technical roles.
The newly introduced five per cent tax law will see Nigerians paying an extra N45 for every litre of petrol and diesel, and other fossil fuels, as Nigerians protest.
The Dangote Refinery's petrol production unit is facing technical difficulties and has been taken offline for two weeks. The development has driven up fuel prices.
Some NNPC filling stations in Lagos have reduced petrol prices ahead of the Eid-ul-Mawlid holiday declared for Friday, as Dangote’s distribution was delayed.
Angola’s Cabinda refinery, the first built since independence, will begin producing 30,000 barrels daily in 2025, adding competition for Dangote’s refinery.
Nigeria, Saudi Arabia, and the United Arab Emirates (UAE) emerged as the top crude oil producers in August as OPEC producers increased production by 400,000 bpd.
The Nigerian government has removed the subsidy from compressed natural gas (CNG). The development has resulted in scarcity and long queues at filling stations.
Stakeholders have hailed the role of Gbenga Komolafe in the recent deal, which sealed a Production Sharing agreement for two offshore blocks in the country.
Dangote Refinery’s plan to bypass middlemen with direct petrol supply and free logistics has forced depots to slash prices amid competition for customers.
Energy
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