A major disaster was narrowly avoided in Ibadan when a petrol tanker loaded with 33,000 litres of fuel crashed in the Ologuneru area. Emergency services responded swiftly to prevent explosion and environmental contamination.
Nigerian fuel depot owners have dramatically reduced petrol prices in response to competitive pressure from Dangote Refinery, bringing relief to consumers amid ongoing market shifts.
President Tinubu's administration has introduced a 15% import levy on petroleum products, signaling major changes for Nigeria's energy sector and potentially affecting fuel costs across the nation.
In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost Nigeria's energy sector.
In a major economic move, President Bola Tinubu has approved a 15% import duty reduction on petroleum products. Discover how this decision could affect fuel prices across Nigeria.
In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost economic activities across Nigeria.
Shocking new data reveals Nigerian states' debt burden has skyrocketed, with Lagos and Edo citizens bearing the heaviest load. Discover how this affects everyday Nigerians and what it means for the economy.