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Petroleum

No plans to increase fuel price – Ibe Kachikwu

The Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, has denied news reports that the federal government was planning to jack up the pump price of petrol, at present fixed at N145 per litre.

CDHR threatens showdown with filling stations selling fuel above pump price in Delta

The Delta State chapter of the Committee for Defence of Human Rights (CDHR) has threatened massive clampdown on filling stations in the state, especially within the Warri axis and its environs, selling petrol over the approve N145 per litre.

Federal govt will find lasting solution to fuel scarcity – Ibe Kachikwu

Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, has assured Nigerians that the Federal Government is working hard to find a lasting solution to seasonal lapses in the availability of fuel in the country.

Labour threatens mass action over fuel scarcity

Organised labour on Friday threatened to embark on strike if the ongoing fuel shortage ravaging the nation extends to next year.

Kebbi govt assures residents of commitment to end fuel scarcity

The Kebbi Government, on Tuesday, assured residents of its commitment to resolve the lingering fuel scarcity in the state.

US exporting dirty fuel to already pollution-choked India

U.S. oil refineries that are unable to sell a dirty fuel waste product at home are exporting vast quantities of it to India instead.

Central bank injects $285.7m into forex market

The Central Bank of Nigeria (CBN), yesterday, injected a total of $285,759,449.10 into the Inter-Bank Foreign Exchange Market to meet requests in four sectors of the economy.

Edo group faults call for secession of Nigeria

A group, under the aegis of Concerned Edo Leaders of Thought (CELT), on Wednesday, faulted a call for the secession of the country, saying that Nigeria could do better if it remains as one entity.

2019: Why Buhari, APC should be supported – Odigie-Oyegun

The National Chairman of the All Progressives Congress (APC), John Odigie-Oyegun, has recounted the achievements of President Muhammadu Buhari in office within the past two years and called on the public to support the President ahead of 2019.

Hardy Zimbabwean farmers thrive under Nigeria’s harsh conditions

Intermittent electricity means generators are needed half the time. Chronically potholed roads make transport slow and expensive. Fake fertiliser has previously devastated crops, while toxic feed ruined one dairy farm.

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Federal government urged to raise VAT to 7 percent

If the country is to reduce unemployment and stimulate economic growth, the federal government has been advised to take bold steps which includes raising the Value Added Tax (VAT).