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Fuel Price Jumps Over N1,000/Litre as Tinubu Okays 15% Import Duty

Fuel Price Jumps Over N1,000/Litre as Tinubu Okays 15% Import Duty   Petroleum marketers have warned that the pump price of Premium Motor Spirit, popularly called petrol, could exceed N1,000 per litre following President Bola Tinubu’s approval of a 15 per cent ad valorem import tariff...

FG Approves 15% Import Duty on Petrol, Diesel

President Bola Ahmed Tinubu has approved a 15 percent import duty on Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), also called diesel, in a new directive expected to impact retail fuel prices nationwide.

Reps Approve Tinubu’s $2.35bn Loan Request for 2025 Budget

Reps Approve Tinubu’s $2.35bn Loan Request for 2025 Budget The House of Representatives has approved President Bola Tinubu’s request to borrow $2.35 billion to finance part of the 2025 budget deficit, aiming to support government spending and economic stability. The House, during Wednesday’s plenary also endorsed...

Senate Confirms New Service Chiefs

Senate Confirms New Service Chiefs The Senate has confirmed President Bola Tinubu’s nominees as the new Service Chiefs after an intensive closed-door screening that centred on Nigeria’s deepening security challenges. At the end of the over two-hour session presided over by Senate President Godswill Akpabio, the...

Senate set to Screen New Service Chiefs Today

Senate set to Screen New Service Chiefs Today The Senate will today (Wednesday) screen and possibly confirm the newly appointed service chiefs nominated by President Bola Tinubu, as part of ongoing efforts to revamp the nation’s security architecture. Tinubu, in a letter read during Tuesday’s plenary...

Tinubu Reveals Why Africa Must Harness $120bn Hydrocarbon Resources

President Bola Tinubu yesterday declared that Africa’s $120 billion worth of hydrocarbon resources must be made to benefit the continent and its people.