Aliko Dangote
Aliko Dangote

Nigeria will end fuel imports by June — Dangote

Aliko Dangote, Africa’s richest man and Chairman of Dangote Group, has assured that starting next month, Nigeria will no longer need to import petroleum products, following the implementation of the Dangote Refinery’s
2 months ago
An attendant pumps fuel into a tank at a filling station in Lagos, Nigeria, on April 20, 2021. - Nigeria's economy was already struggling with a fall in the price of oil, Nigeria's major export, and a weak local naira currency, before the global pandemic struck. Now Nigeria's inflation has soared to a four-year high of more than 18 percent in March 2021, with food prices up 22.9 percent, according to the National Bureau of Statistics. (Photo by PIUS UTOMI EKPEI / AFP)

The dynamics of fuel subsidy in Nigeria

Petroleum pricing is a significant issue in Nigeria, as the country heavily relies on oil for its economic stability.
1 year ago
Tunisia's Environment Minister Leila Chikhaoui (unseen) tours the port of the southeastern Gulf of Gabes, after a tanker carrying 750 tonnes of diesel fuel from Egypt to Malta sank off the coast, on April 16, 2022. - The crew of the Xelo vessel had issued a distress call yesterday evening and sought shelter in Tunisian waters from bad weather before going down in the Gulf of Gabes in the morning, the authorities said. (Photo by AFP)

Fuel-laden ship sinks off Tunisia coast

A tanker carrying 750 tonnes of diesel fuel from Egypt to Malta sank Saturday off Tunisia's southeast coast, but officials said a large spill would likely be avoided.
2 years ago
(FILES) In this file photo taken on November 28, 2019 a motorist fills a car at a petrol station. (Photo by Sameer Al-DOUMY / AFP)

France announces 2.0-bn-euro fuel aid package

The French government has announced a package worth 2.0 billion euros ($2.2 billion) to help consumers struggling with soaring fuel prices, with the cost of filling upset to be cut at the
2 years ago
[ FILES] A petrol pump nozzle is used to pump petrol at a station. PHOTO: REUTERS/Shannon Stapleton

NBS affirms higher fuel costs in December

Although the retail price of Automotive Gas Oil (Diesel) paid by consumers presently sells for N350 a litre and more in other states, the National Bureau of Statistics...
3 years ago
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