Diesel price

Dangote Refinery Boosts U.S. Jet Fuel Supply As Demand Rises

Dangote Refinery’s Diesel Price Cut Sparks Marketers’ Hope For N700/Litre

The Independent Petroleum Marketers Association of Nigeria anticipates further reductions in diesel prices with the emergence of the Dangote refinery. The National Vice President of IPMAN, Hammed Fashola, expressed optimism during an interview, foreseeing a potential drop to around N700 per litre.

April 22, 2024

Business·Markets·News

Dangote Refinery Slashes Diesel Price To N1000/Litre, Marketers Hail Move

The Dangote Petroleum Refinery has announced a reduction in the price of Automotive Gas Oil, commonly known as diesel. The reduction, from N1,200/litre to N1,000/litre, marks a pivotal moment for the downstream oil sector and the wider Nigerian economy. Addressing the media,

April 17, 2024

Manufacturers Association of Nigeria (MAN) has welcomed the six months waiver of Value-added Tax (VAT) on diesel granted by the Federal Government.

Business

VAT Waver On Diesel: Manufacturers Need Long-term Measures To Lower Production Costs

Manufacturers Association of Nigeria (MAN) has welcomed the six months waiver of Value-added Tax (VAT) on diesel granted by the Federal Government. It however, called on the government to adopt long-term measures to address the issue of high energy costs which

October 5, 2023

Business·News

Just In: Nigeria Govt Grants VAT Waiver On Diesel For 6 Months

Nigerian Government has announced the removal of value-added tax (VAT) on diesel for the next six months. The Chief of Staff to President Tinubu, Rt. Hon. Femi Gbajabiamila, who made the disclosure said it is part of the waivers from the resolution

October 1, 2023

Tinubu Set To Attend COP 28 Summit In Dubai

Business·Oil & Gas

Diesel Price To Rise, As FG Moves To Charge VAT After Oil Sector GDP Contribution Drops

The price of diesel might rise as the Nigeria Customs Service (NCS) is set to implement a value-added tax (VAT) on imported automobile gas oil (AGO), also known as diesel. According to a report by the National Bureau of Statistics (NBS), a

August 30, 2023

Jigawa Residents Spend More On Petrol As Price Rises By 223.21% To N770

Business·Oil & Gas

Imo, Taraba Spent Highest On Petrol In Last 1 Year – Report

The National Bureau of Statistics (NBS) report shows that Imo State paid the highest average retail price of N332.67 per litre for petrol. This was followed by Taraba at N330.00 and Borno at N324.55. However, Benue paid the lowest average retail price

April 25, 2023

Presidential Poll: Obasanjo Warns About Looming Danger, Accuses INEC Of Attempts To Subvert Will Of Nigerians

Business

Obasanjo’s Fishery Business Risks Going Bankrupt, As Former President Laments

Former President, Olusegun Obasanjo, has cried out over the rising price of diesel that has made cost of doing business in Nigeria skyrocket, and also threaten his fishery enterprise. Obasanjo said his fishery business could go bankrupt due to the price of

August 3, 2022

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Dangote Refinery’s Diesel Price Cut Sparks Marketers’ Hope For N700/Litre

Dangote Refinery Slashes Diesel Price To N1000/Litre, Marketers Hail Move

VAT Waver On Diesel: Manufacturers Need Long-term Measures To Lower Production Costs

Just In: Nigeria Govt Grants VAT Waiver On Diesel For 6 Months

Diesel Price To Rise, As FG Moves To Charge VAT After Oil Sector GDP Contribution Drops

Imo, Taraba Spent Highest On Petrol In Last 1 Year – Report

Obasanjo’s Fishery Business Risks Going Bankrupt, As Former President Laments

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