Governor Babagana Zulum of Borno State has announced plans to subsidise the cost of a litre of petrol at N600 for farmers in communities affected by Boko Haram insurgency. Zulum announced the subsidy on Friday evening in Bama town when he flagged off the distribution of farm inputs to over 5,000 farmers hitherto displaced by…

Experts have expressed deep concern over the recent surge in petrol prices in Nigeria, which has reached unprecedented levels. They argue that the current pricing, exceeding N1,100 per litre, is unsustainable and poses a significant threat to the nation's economy and the well-being of its citizens. Mojeed Dahiru and Ayo Akinfe, who were guests on…

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) says the Port Harcourt Refinery Company Limited has not released any new purchase price for Premium Motor Spirit (PMS). Dr Billy Gillis-Harry, National President of PETROAN, made this known in a statement on Wednesday. The News Agency of Nigeria (NAN) reports that the refinery, operated…

The Nigerian Navy, Forward Operating Base (FOB), Ibaka has arrested three suspected oil thieves carrying 2,000 litres of petrol with the intention of smuggling it to the Republic of Cameroon. The Commanding Officer of the Base, Navy Capt. Uche Aneke disclosed this while handing over the suspects seized items, and other goods to the Nigeria…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an agreement with Dangote Refinery for the direct supply of petroleum products. IPMAN National President, Abubakar Maigandi, announced the partnership at a press briefing in Abuja on Monday, following a meeting of the Association's National Working Committee. Garima stated that this collaboration aims to ensure…

Some residents of Kano have abandoned their cars to embrace trekking, the use of bicycles, electric bikes, and commercial tricycles for mobility as the price of petroleum jumps to N1,150 in the state. A News Agency of Nigeria (NAN) correspondent observed on Sunday that there were fewer cars on the road and more than usual…

The Dangote Refinery has warned Nigerians that any imported cheaper petrol than theirs is substandard. Dangote issued this warning on Sunday night in a statement signed by Group Chief Branding and Communications Officer, Anthony Chiejina, saying that the company had lately refrained from engaging in media fights but was constrained to respond to the recent…

Nigeria have been urged to take advantage of the cost and environmental benefits of Compressed Natural Gas (CNG), as it is four times

*Marketers making extra 48% profit on smuggling, stakeholders allege *Queues persist despite high price, CNG adoption *Lagos, Ogun flash points as Dangote’s depot supplies average 9m litres Marketers and smugglers in Nigeria may be finding the cross-border smuggling of Premium Motor Spirit (PMS) into neighbouring countries attractive despite the increase in the pump price of…

The Federal Road Safety Corps (FRSC) has cautioned against scooping petrol from fallen tankers, urging the public to allow only trained personnel to handle accident situations. The corps also advised drivers to maintain safety regulations so as to curb road crashes. The FRSC Sector Commander in Rivers, Inyang Umoh, stated this in an interview with…

With the increasing cost of petrol, many Nigerians are looking for more affordable alternatives to fuel their cars. One option that's gaining traction is Compressed Natural Gas (CNG). While CNG offers a cleaner and more pocket-friendly alternative, there are still many misunderstandings about it. Let’s clear up some of the confusion: 1. Are CNG cars…

The Nigeria Civil Society Situation Room has demanded the immediate return of President Bola Tinubu to the country to dialogue with citizens on its policy direction and urgently fulfil his promises to implement interventions that will alleviate the current suffering of citizens. The group convener, Yunusa Z. Ya'u who made this demand yesterday in Abuja…