Oyedele rules out fuel tax, labels rumour ‘fake news’
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has dismissed reports that the Federal Government plans to introduce…
Fuel
Digital payments now handle 43% of Nigeria’s fuel transactions
Digital payment channels now account for 43 per cent of fuel transactions in Nigeria, underscoring a rapid shift away from cash in…
NOA urges NASS to criminalise fuel scooping from tankers
The National Orientation Agency has called on the National Assembly to criminalise the act of scooping fuel from fallen tankers. The call…
Putin pledges uninterrupted fuel supply to India despite US pressure
Russian President Vladimir Putin has declared that Moscow is ready to provide “uninterrupted shipments” of fuel to India, as Delhi continues to…
Marketers fault Dangote’s 500,000-litre fuel delivery threshold
The Dangote Petroleum Refinery has introduced a minimum purchase requirement of 500,000 litres of petrol for oil marketers wishing to benefit from…
Tango Brook launches fuel card for individuals, businesses
Tango Brook Technologies has launched the Tango Fuel Card, a digital fuel management system designed to provide individuals and corporate customers with…
Fuel prices drop in Niger Republic as Nigeria supplies petrol
The price of Premium Motor Spirit (petrol) in Niger Republic has begun to decline following fuel shipments from Nigeria, The PUNCH reports.…
Fuel import drops by 1bn liters in seven months – Report
The National Bureau of Statistics has revealed that following President Bola Tinubu’s removal of fuel subsidies in June, the nation’s monthly imports…
Dangote refinery fuel delayed by govt – Report
Dangote Petrochemical Refinery’s plan to release aviation fuel and diesel for sale in the Nigerian market in January appears to have been…
Why fossil fuel phaseout is unavoidable – UN
The United Nations Secretary-General, António Guterres, stated that phasing out fossil fuels was not only necessary but also unavoidable. The PUNCH reported…
IMF expresses concerns over Kenya’s fuel subsidy reintroduction
The International Monetary Fund has raised concern over Kenya’s plan to reintroduce fuel subsidies. Business Insider reported that the global lender expressed reservations…
Dangote fuel will be sold in naira not dollars – IPMAN
Juliet Buna Oil marketers clarified on Monday that the refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold…