Shift From Diesel To Gas, NMDPRA Urges Stakeholders   The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has urged its stakeholders across the country to shift from the use of AGO (diesel) to gas which has low maintenance, is cost effective, and gives a pollution...

Telecom Base Stations Fuel Cost Now N400bn - NBS   The cost of powering telecommunication services has hit N33.47bn per month following a 55.16 per cent year-on-year increase in the cost of diesel. According to the National Bureau of Statistics, the cost of diesel rose to N836.81...

Cooking Gas Price Hits 105% In 12 Months   The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) increased by 105 per cent within the last twelve months. This follows an increase from N2200 in August 2021 to N4500 in August...

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...