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)…
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High Petrol Price Persists As Nigeria Faces $11.5bn Crude Loss
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bashir Bayo Ojulari
Despite a sharp decline in global crude oil prices following the easing of tensions in the Middle East, industry experts warn…
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Why fuel price hasn’t dropped to below N1000 per litre in Nigeria – Prof Emeritus Iledare
Professor Emeritus of Petroleum Economics and renowned energy expert Wumi Iledare has explained why falling crude oil prices do not immediately translate to a reduction in fuel pump prices.
Prof. Iledare noted that while it is…
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ALDG Business Forum 2026 Calls For Urgent Action To Bridge Nigeria’s Gas Access Gap
L-R: Mr. Ed Ubong, Coordinating Director, Decade of Gas; Mr. Olakunle Williams President/CEO Tetracore Energy Group; Mr. John Kadiri, Executive Secretary, Association of Local Distributors of Gas,(ALDG) and MD/CEO of Alpha Max Value…
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Falcon’s 32 Years In Nigerian Energy Sector Signals Stability, Growth And Market Expansion
Audrey Joe-Ezigbo
Falcon Corporation Limited, one of Nigeria's longest-operating indigenous gas and energy infrastructure companies, is marking over three decades of unbroken operations, using the milestone not just as a moment of…
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Africa’s Grid Constraints Come Into Focus As Regional Markets Push Toward Integration
Africa’s electricity demand is projected to nearly double to 2,291 TWh by 2050, requiring an estimated $30 billion in transmission and grid infrastructure investment to unlock and integrate new generation capacity.
Yet across the…
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Train 7 Hits 90% Completion, Generates 16,000 Jobs
...As NCDMB, NLNG Advance Local Content
The leadership of the Nigerian Content Development and Monitoring Board (NCDMB) and the NLNG Ltd have reaffirmed recommitment to deepen the existing close collaboration between the agencies,…
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Nigeria Targets Stronger Tax System To Fund SDGs – Oyedele
Taiwo Oyedele, Finance Minister
The federal government has said Nigeria must build a stronger, fairer and more efficient tax system to generate the resources needed to achieve the Sustainable Development Goals (SDGs), warning that the…
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States, FCT Pockted N2.9trn Special FAAC Allocation For Security, Infrastructure In 2 Years
Nigeria’s 36 states and the Federal Capital Territory (FCT) received a total of N2.9 trillion for security and infrastructure between 2024 and 2026, TheCable can report.
The disbursements were contained in the Federation Account…
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Nigerian Govt Wants More Revenue Without Minding Its Consequences On Tax Payers – Mahdi
Public commentator, Mahdi Shehu, has blamed what he described as anti-people government policies for the worsening economic hardship in Nigeria.
Shehu made the remarks in a post he shared on Tuesday, where he criticised what he…
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Petrol Price Rises 55% To N1,596/Litre In May – NBS
The average retail price of Premium Motor Spirit, commonly known as petrol, rose by 55.31% year-on-year to N1,596.25 per litre in May 2026.
The figure was higher than the N1,027.76 per litre recorded in May 2025.
This is…
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