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Dangote Refinery’s Price Cut Can’t Reflect Instantly At Stations, PETROAN Says

Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has indicated that the anticipated reduction in pump prices for petroleum products following Dangote Refinery’s recent ex-depot price cut may not reflect immediately in pump prices nationwide. The National President of PETROAN, Billy Gillis-Harry, welcomed the depot price reduction by Dangote, […]

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FG Plans Fresh Electricity Tariff Hike

The federal government says plans are ongoing to increase electricity tariffs “over the next few months”.   It, however, said that the planned increase needed to be balanced by subsidies for less-affluent electricity users.   Bloomberg quoted the Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, as giving […]