A chieftain of the African Democratic Congress (ADC), Kenneth Okonkwo, has accused President Bola Tinubu’s administration of reintroducing fuel subsidy through its 30-day petrol price discount. Okonkwo made the allegation
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The average prices of petrol and diesel in Nigeria have jumped by 86.3 per cent in 2026, with both products reaching their highest average levels of the year by September
Aliko Dangote, President of Dangote Group, has explained why Nigerians are still paying relatively high prices for petrol despite the commencement of large-scale domestic refining, saying local production does not
The African Democratic Congress (ADC) has rejected the Presidency’s description of former Vice President Atiku Abubakar’s proposal to cut petrol prices to about N600 per litre as a return to
Fuel prices have risen across several Nigerian filling stations, with major retailers increasing their Premium Motor Spirit (PMS) pump prices to as high as N1,320 per litre. A market survey
The renewed push to restore Nigeria’s fuel subsidy has triggered a fresh debate among economists and petroleum industry stakeholders, with experts warning against returning to a blanket subsidy regime while
Petrol Price May Hit ₦2,000 Per Litre as TUC Warns of Economic Shock, Urges Urgent Government Action
Nigeria could be heading toward a fresh fuel crisis, with petrol prices projected to hit ₦2,000 per litre if urgent steps are not taken to stabilise the market, the Trade