Dangote Refutes Claims of Fuel Re-Importation via Togo
The management of Dangote Petroleum Refinery and Petrochemicals has denied claims by S&P Global that Nigerian marketers are re-importing the fuels it exports to the Lomé trading hub in Togo, describing the claim as “unfounded and misleading”.
“Management...
Nigeria’s ministries, departments and agencies (MDAs) spent ₦11.85bn on fuel for vehicles and generators between January and April 2026, more than double the ₦5.55bn spent in the same period of 2025.
FG Rules Out Fresh Taxes for Fuel, Telecom Sector
The Federal Government on Wednesday dismissed reports suggesting it had adopted or was considering the introduction of new taxes on telecommunications services and petroleum products following recommendations contained in the latest IMF Article IV Consultation Report...
Nigeria imported £1.1 billion worth of refined oil from the United Kingdom in 2025, underscoring its continued reliance on foreign petroleum products despite efforts to expand local refining capacity.
Nigeria is set to receive 164,000 metric tonnes of petroleum products as eight vessels berth at ports in Lagos, Delta, and Cross River States, according to the Daily Shipping Position.
For millions of Nigerians, the real battle is not being fought in distant conflict zones. It is unfolding daily at filling stations, bus stops, markets, and kitchen tables.