Some fuel importers have accused the Dangote Refinery of selling petrol to international traders at prices lower than what it offers to Nigerian marketers. The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) confirmed the allegation, claiming that Dangote’s petrol was sold in…
The National Union of Petroleum and Natural Gas Workers (NUPENG) has accused Sayyu Dantata, Dangote’s half-brother and owner of MRS Group, of calling in the Nigerian Navy to intimidate its members. NUPENG President, Williams Akporeha, in a statement on Thursday, said the move came after disagreements over resolutions brokered by the Minister of Labour and…
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have urged President Bola Tinubu and relevant authorities to intervene in the ongoing dispute between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Dangote Refinery. The Nigeria Labour Congress (NLC) has also…
The Federal Government has clarified that the 5% surcharge on fuel mentioned in the newly signed tax law is not a fresh levy introduced by President Bola Tinubu’s administration. Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, explained in a statement on Friday that the surcharge has been in existence…
The Presidential Initiative on Compressed Natural Gas (PiCNG) has refuted claims that the federal government authorised the recent increase in compressed natural gas (CNG) pump prices. The agency clarified that no directive or policy had been issued by the government to alter CNG rates, which recently rose from N230 to N380 per standard cubic metre…
Dangote Industries Limited (DIL) has cautioned truck operators against the unauthorised use of its logo on vehicles, stressing that such acts have led to unwarranted embarrassment for the company. The group said some truckers unaffiliated with Dangote continued to brand their vehicles with its identity, and in some cases, those trucks were involved in road…
The Federal Government has declared Friday, September 5, 2025, a public holiday to celebrate this year’s Eid-ul-Mawlid, the birth of Prophet Muhammad (Peace Be Upon Him). Minister of Interior, Dr. Olubunmi Tunji-Ojo, announced the holiday in a statement signed by the ministry’s Permanent Secretary, Dr. Magdalene Ajani, on Wednesday. The government congratulated Muslims in Nigeria…
Petrol consumption across Nigeria has fallen sharply by 28 per cent in the last two years, leaving pump attendants at many filling stations with fewer customers and long idle hours. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) show that daily Premium Motor Spirit (PMS) consumption declined from 68.35 million litres in…
Chatham House, a leading UK-based independent policy institute, has warned that corruption remains a defining feature of Nigeria’s governance and continues to undermine the country’s economic growth and public trust in institutions despite more than two decades of reform efforts. In a new report authored by Dr. Leena Hoffmann, Associate Fellow of the Africa Programme,…
