Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)!-->!-->!-->!-->!-->…
Read More...
Read More...
Nigeria’s oil recovery falls short of 1.5mbpd target
Nigeria recorded a rebound in crude oil production in March, but continued to fall short of its 1.5 million bpd output target.
Latest data from the Organization of the Petroleum Exporting Countries (OPEC) shows that Nigeria’s!-->!-->!-->!-->!-->…
Read More...
Read More...
Nigeria’s electricity output increases to 4,300MW amid higher gas supply – FG
The Federal Government has announced that electricity generation increased from 3,951 megawatts (MW) to 4,300MW between March 28 and April 10, driven by improved gas supply to power plants.
This!-->!-->!-->!-->!-->…
Read More...
Read More...
Fuel Prices Up By 50%, Diesel 70% as Global Oil Shock Hits Nigerian Economy
Nigeria’s domestic fuel market has come under renewed pressure following the escalation in global oil prices with petrol and diesel costs recording sharp increases that are already impacting households and businesses across the!-->!-->!-->…
Read More...
Read More...
FG Grants Import Duty Waivers On Mass Transit Buses, EVs, Others
*The development followed President Bola Ahmed Tinubu’s directive to key economic officials to design measures to cushion the impact of the ongoing Middle East crisis on Nigerians, particularly amid rising fuel prices
Photo of President!-->!-->!-->…
Read More...
Read More...
Tinubu Urged To Unlock World Bank Grants As Nigerians Groan Under Delays
The Founder and President-General of a prominent non- governmental advocacy group, the Grant Community Discipleship Movement (GCDM), Rev.(Dr.) Moses Chooji, has made a passionate appeal to President Bola Ahmed Tinubu, Dr. Ngozi!-->!-->!-->…
Read More...
Read More...
FG cuts import tariffs on rice, cars, drugs: What Nigerians must know about the new 2026 fiscal…
Wale Edun, Finance Minister
Nigeria’s Federal Government has introduced sweeping changes to its import tariff structure, reducing duties on critical goods such as rice, vehicles, pharmaceuticals, and industrial inputs as part of the!-->!-->!-->…
Read More...
Read More...
NNPC revenue up by 4.24% to hit N2.680tn in February
The Nigerian National Petroleum Company (NNPC) Limited at the weekend announced that its revenue soared by 4.24 per cent in February 2026 to N2.68 trillion from the N2.57 trillion recorded in January.
This was contained in the NNPCL!-->!-->!-->!-->!-->…
Read More...
Read More...
World Bank withdraws Nigeria development report following controversial ‘fuel import’ stance
The World Bank has withdrawn the latest Nigeria Development Update (NDU) from its website, pulling the document just days after its April 7, 2026, publication.
The publication, titled “Nigeria’s Tomorrow Must Start Today: The Case!-->!-->!-->!-->!-->…
Read More...
Read More...
More Revenue For Nigeria As Japan Books Crude Amid Mideast War
The country is also bringing substitute oil supply from the U.S., its closest ally, a document released by METI showed on Friday
A graphic illustration of barrels of crude oil
Nigeria’s revenue is about to receive a boost as Japan!-->!-->!-->!-->!-->…
Read More...
Read More...
I Promise Nigerians That We Will Provide Electricity To Support Our Country’s Development – Tinubu
According to a report by Daily Post on Saturday, April 11, 2026, President Bola Ahmed Tinubu has restated his administration’s commitment to addressing some of the country’s most pressing challenges, including economic hardship, power!-->!-->!-->…
Read More...
Read More...

