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...
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...
