Automotive Gas Oil
20 Mar
There is apparently no respite for the industries soon, as cost of diesel soared by 70 per cent in one year, even as the gas alternatives are lacking necessary infrastructure and enabling policies to sustain the crucial sector.
14 Apr 2019
For a country that its total debt profile has risen to N24.387t, where subsidy for imported petrol stood at N10t between 2006 and 2018, and where the number of poor Nigerians stands at 91 million, while unemployment figure settles at 20.9 million, the Federal Government is only rubbing salt in the wound if yearly losses…
8 Apr 2019
Again, the hope of better days ahead for would-be homeowners and developers in the construction sector, may have been dashed following another rounds of increase in prices of cement and iron rods in the country. The latest increase in prices of the products has sent shivers on the shoulders of buyers, leading to low patronage…
13 Feb 2019
The navy has disclosed that the country lost about 23.1 million litres of Automotive Gas Oil (AGO), known as diesel, as a result of illegal oil refining in 2018. Giving the 2018 scorecard of the Navy during the first quarter media dialogue at Navy Headquarters (NHQ), the Chief of Naval Staff (CNS), Vice Admiral Ibok…
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