I’m Already Sweating Over High Cost Of Diesel, Obasanjo Laments   Former President, Chief Olusegun Obasanjo on Tuesday lamented high cost of diesel, feeds as well as exchange rate crisis as it affects fish production in Nigeria. Obasanjo, who is a fish farmer, said he has been...

Diesel hike and its impact on Nigeria's Telcom Industry, by Umar Farouk Ahmad   Nigeria is currently selling diesel at N850/liter ($1.616) which is above the average price of diesel per liter ($1.4) sold across the world. Despite Nigeria being the 14th country in the world with...

Manufacturers Seek Removal Of 7.5% VAT On Diesel   The Manufacturers Association of Nigeria (MAN) has called on the federal government to remove the 7.5 per cent Value Added Tax on Automobile Gas Oil pending the supply from international is normalised. The association also urged the government...

Nigerian Businesses Turn To Solar As Diesel Costs Bite - Report   Nigeria’s solar companies are seeing a surge in demand for mini-grids and equipment as businesses in Africa’s biggest oil producer look for alternative power sources, a Reuters report disclosed. The increased demand became even stronger...

Why Petrol Queues In Abuja Won't End Soon — Marketers   Petrol marketers have attributed the lingering queues at petrol stations in Abuja and other northern state capitals to the high cost of freighting the product from coastal depots. The National President of Natural Oil and Gas...

Price Of Diesel Rises Further By 18.5% To N343/litre   There are indications that price of The average retail price of Automotive Gas Oil (diesel) is on steady rise reaching N343 per litre as at Wednesday, representing 18.5 per cent rise when compared with the National...