Presidency Says 15% Import Duty on Petrol, Diesel Won’t Burden Nigerians
The Presidency has defended the Federal Government’s decision to impose a 15 percent import duty on petrol and diesel, insisting that the measure will not constitute a burden on Nigerians. According to a statement issued on Thursday night, the policy is part of the administration’s strategy to encourage local refining, stabilise the market, and promote […]
Fuel Crisis Looms as Dangote Refinery Halts Naira Petrol Sales
The Dangote Petroleum Refinery has suspended the sale of Premium Motor Spirit (PMS) in Naira, effective Sunday, September 28, 2025. In a notice issued to marketers and signed by the Group Commercial Operations of Dangote Petroleum Refinery & Petrochemicals, the company explained that the decision was due to exceeding its crude-for-naira allocations. The statement read: […]