FG eyes N796bn annually from 5% petrol surcharge
The Federal Government may rake in N796bn annually from the introduction of a five per cent surcharge on locally produced and imported petrol, based on its new tax policy slated…
Where Truth Meets Purpose
The Federal Government may rake in N796bn annually from the introduction of a five per cent surcharge on locally produced and imported petrol, based on its new tax policy slated…
Nigeria’s drive to deepen the adoption of Compressed Natural Gas as an alternative transport fuel has taken a further step, with the Federal Government attracting over $440.79m in investments between…
These plants are expected to enhance gas supply and accessibility across the northern region.”
Importers have dropped petrol prices below the price offered by the Dangote Petroleum Refinery, sparking a new wave of competition.
The Manufacturers Association of Nigeria (MAN) has expressed concerns over the declining share of the industrial sector in the nation’s Gross Domestic Product, GDP. Consequently, the Association called on the…
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In a notice of discontinuance signed by the plaintiff’s counsel, Ogwu Onoja (SAN), Dangote Refinery withdrew the suit.
“Importation is not killing the economy. Importation is stabilising the sources of petroleum products. Importation of all products is useful.
The Disco explained that the outage is to enable the Transmission Company of Nigeria, TCN, to carry out work on the Omotosho–Ikeja West 330 kV line.
The company also announced a 71 per cent growth in gross profit, rising from N21.19bn in the first half of 2024 to N36.21bn in the first half of 2025.