Oil marketers in Nigeria have begun talks with international fuel traders to import cheaper Premium Motor Spirit (PMS), commonly known as petrol, as they try to remain in business and …
Fuel Importation
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BusinessDangote IndustriesEconomyEnergyInfrastructureLabourOil & Gas
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BusinessDangote IndustriesEconomyInfrastructureOil & GasWestern Africa
Fuel Cheaper in Nigeria Due to Low Taxes and High Consumption – MEMAN, Dangote Say
The Major Energies Marketers Association of Nigeria (MEMAN) has said that low taxation is one of the main reasons why petrol is cheaper in Nigeria than in other West African …
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BusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyEnergyInfrastructureNigeriaOil & GasTrade and CommerceWestern Africa
Dangote Refinery, Marketers Clash Over Local Fuel Supply Claims
The management of Dangote Petroleum Refinery has rejected claims made by oil marketers that the refinery cannot meet Nigeria’s local fuel demand. Officials of the refinery told our correspondent that …
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BusinessEconomyEnergyTrade and Commerce
Dangote Refinery Price Strategy Sparks New Fuel Import Wave in Nigeria
The recent pricing strategy of Dangote Petroleum Refinery has come under the spotlight, as industry analysts reveal that its pricing model is now encouraging fresh importation of petrol into Nigeria. …
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BusinessEconomyEnergyGOVERNMENTOil & GasPolicies
Petrol Can Drop to N350 if FG Supports Local Refineries – CORAN
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has said that petrol can sell for as low as N350 per litre if the Federal Government supports local refineries and …
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Business and EconomyEnergyTransportation & Logisitics
Petrol Prices Rise to N970 per Litre Amid Industry Challenges
The price of Premium Motor Spirit (PMS), commonly known as petrol, has surged to between N930 and N970 per litre in Nigeria. This increase is attributed to ongoing industry disputes …