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FG Calls Investors to Tap Nigeria’s $2bn Sugar Market

FG Calls Investors to Tap Nigeria’s $2bn Sugar Market The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has told potential local and foreign investors that this is the best time to put their money in the local production of sugar...

Why Dangote Petrol Has Not Been Lifted by Our Members – IPMAN

Why Dangote Petrol Has Not Been Lifted by Our Members - IPMAN At the backdrop of a fresh controversy over lifting of petrol from Dangote Refinery, the Independent Petroleum Marketers Association of Nigeria, IPMAN, has said it is still negotiating with the refinery on terms...

Again, Labour Warns FG of Imminent Unrest over Fresh Petrol Price Hike

Again, Labour Warns FG of Imminent Unrest over Fresh Petrol Price Hike Organised Labour on Wednesday, said the latest hike in the pump price of petrol was pushing Nigerians to the limit. It also warned the Federal Government against what it described as a surprised and...

Customs Intercepts 8,850 litres of Petrol, Others in One Month

Cutoms Intercepts 8,850 litres of Petrol, Others in One Month The Nigeria Customs Service, Oyo/Osun Area Command, said it intercepted different contrabands including 8,850 litres of petrol and 168 sacks of fake medicament between August and September 2024. In a statement on Wednesday, the Customs Area...

NEITI: Mining Sector Remits N1.1tn to Federation Account in Five Years – Report

 NEITI: Mining Sector Remits N1.1tn to Federation Account in Five Years - Report The Nigerian Extractive Industries Transparency Initiative report stated that the extractive and mining sector remitted N1.14tn as revenue to the federation account between 2019 and 2023. It said this substantial amount was subsequently...

Yuletide: Nigeria’s Petrol Consumption Rises to 50 million litres, Says NMDPRA Chair

Yuletide: Nigeria's Petrol Consumption Rises to 50 million litres, Says NMDPRA Chair The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, has disclosed that the country’s daily petrol consumption is hovering around 45 million and 50 million litres, saying demand...