The Federal Government has no immediate plans to implement the five per cent fuel surcharge contained in the newly signed Tax Administration Act 2025. Mr Wale Edun, the Minister of Finance and Coordinating Minister of the economy, said this at a news conference in Abuja on Tuesday He said that the surcharge was a long-standing…
Nigeria’s petroleum supply chain was thrown into turmoil on Monday as tanker drivers under NUPENG began a nationwide strike against the Dangote Refinery, accusing Africa’s largest industrial complex of anti-union practices. The drivers claim Dangote’s management is attempting to monopolise the refining and distribution of petroleum products while sidelining existing unions. At issue is a…
The Federal Road Safety Corps (FRSC), Benue Sector Command, has said that 411 Nigerians lost their lives while scooping fuel from fallen tankers in 2024. The Sector Commander, Mr Steve Ayodele, made the disclosure in Makurdi on Tuesday at a town hall meeting with trailer and tanker drivers on crash prevention. Ayodele said that the…
An estimated 6,114,728 vehicles, including goods carriers, private cars and two-wheelers, would be denied fuel at petrol and diesel stations across Delhi amid a stringent anti-air pollution drive. This drive implemented in the Indian capital with effect from Tuesday (July 1), said an official from the local transport department. Delhi was among the worst-polluted capital…
Nigerians are facing mounting frustration over soaring petrol prices, with officials citing market deregulation as the driving factor behind the latest hikes. Chinedu Ukadike, spokesperson for the Independent Petroleum Marketers Association of Nigeria (IPMAN), said in a statement on Tuesday that the current price surge reflects global oil trends and the operational realities of a…
A planned nationwide rollout of Premium Motor Spirit (PMS) distribution by Dangote Petroleum Refinery has been met with praise from fuel marketers and citizens alike, as anticipation grows over the potential to address Nigeria’s long-standing fuel distribution crisis. The Independent Petroleum Marketers Association of Nigeria (IPMAN) in Rivers State commended the initiative, describing it as…
Nigeria’s top oil workers’ union has urged the government to clamp down on petroleum marketers inflating pump prices, despite a global drop in crude oil prices, saying regulatory inaction is costing ordinary Nigerians dearly. At a world press conference in Abuja on Monday, Mr Festus Osifo, President of the Petroleum and Natural Gas Senior Staff…
Nigeria’s association of petroleum retailers has expressed grave concern over plans by Dangote Refinery to begin selling petrol and diesel directly to consumers, warning that the strategy could disrupt the fuel distribution ecosystem and lead to massive job losses. In a statement released on Monday, the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN)…
In a major milestone for Nigeria’s energy sector, Dangote Petroleum Refinery has revealed plans to begin distributing petrol and diesel across the country starting 15 August 2025, signalling a pivotal step towards energy self-sufficiency. The announcement was made in Lagos on Sunday by refinery spokesperson Anthony Chiejina, who disclosed that the company had purchased 4,000…
The National Association of Road Transport Owners (NARTO), has expressed fear over the Federal Government’s plan to ban 60,000 litres capacity tankers, following the rising cases of accidents involving fuel tankers. NARTO President, Yusuf Othman in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday, said such a move would cause…
