Energy

FG begins crude oil sale in naira

The Federal Government has commenced the sale of crude oil and refined petroleum products in naira. The Minister of Finance…

1 year ago

FULL LIST: FG removes VAT on electric vehicles, gas generators, 61 others

The Federal Government has announced the removal of Value-Added Tax (VAT) on 63 items, including electric vehicles and gas generators.…

1 year ago

World Bank approves $500m loan for power, irrigation projects in Nigeria

The World Bank has approved a $500 million loan to support the Sustainable Power and Irrigation for Nigeria (SPIN) project…

1 year ago

Minister to Nigerians: We’ll reduce electricity cost

Nigerians have been assured of a reduction in the cost of electricity, with the current effort to step up generation…

1 year ago

FG removes VAT on diesel, cooking gas

The Federal Government has removed Value-Added Tax (VAT) on Liquefied Petroleum Gas and diesel in the country. The Minister of…

1 year ago

NBS: Nigeria imported 20.30bn litres of petrol in 2023

The National Bureau of Statistics (NBS) says 20.30 billion litres of Premium Motor Spirit (PMS), otherwise known as petrol, was…

1 year ago

NEITI: Oil, gas companies owe FG $6bn, N66bn

The Nigeria Extractive Industries Transparency Initiative (NEITI) says outstanding revenues due to the Federal Government in the oil and gas…

1 year ago

Reps to FG: Allow independent marketers to lift fuel from Dangote refinery

The House of Representatives has urged the Federal Government to direct the Nigerian National Petroleum Company Limited (NNPCL) to allow…

1 year ago

PENGASSAN to FG: Increase stake in Dangote refinery to 45%

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the Federal Government to increase its stake…

1 year ago

CBN: Petrol lifting from Dangote refinery’ll ease transport costs, food prices

The Central Bank of Nigeria (CBN) says the lifting of petrol from the Dangote refinery in the Ibeju-Lekki area of…

1 year ago

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