One of the most significant challenges confronting President Bola Ahmed Tinubu's administration is the pervasive issue of oil theft, which has led to a drastic decline in crude oil production and a scarcity of premium motor spirit (PMS) supplies. This has, in turn, caused a surge in prices across the country, exacerbating the current economic hardships faced by citizens.
TETFund Will Host Innovative Research Exhibition in Abuja
The Tertiary Education Trust Fund (TETFund) will hold a five-day Research Exhibition in Abuja starting November 17, 2024. The event will take place at Eagle Square and highlight the latest innovations and...
In order to combat price gouging and price fixing in Nigeria, the Federal Competition and Consumer Protection Commission (FCCPC) reaffirmed its commitment to enforcing the Federal Competition and Consumer Protection Act (FCCPA) 2018.Â
During their meeting in Beijing, China, President Bola Tinubu and Chinese President Xi Jinping pledged to strengthen trade and economic cooperation between the two countries.Â
The Situation Room on Energy Sustainability, a coalition of civil society organizations, has commended the president of Dangote Group, Alhaji Aliko Dangote, on the resumption of Premium Motor Spirit (PMS) production in Nigeria for the first time in almost three decades.Â
Alhaji Aliko Dangote envisioned ending Nigeria’s reliance on fuel importation and making Sub-Saharan Africa self-sufficient in energy. This vision led to the construction of the world’s largest single-train refinery, a 650,000-barrel-per-day facility located in Lagos State.Â