57 h. ago Nigeria’s fuel imports drop 30 million litres, US policy threatens budget – NMDPRA

From Juliana Taiwo-Obalonye, Abuja The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reported a 67% drop in Premium Motor Spirit (PMS) imports, from 44.6 million litres daily in August 2024 to 14.7 million litres by mid-April 2025, a reduction of about 30 million litres. NMDPRA CEO Farouk Ahmed, speaking at the sixth Meet-the-Press briefing […] The post Nigeria’s fuel imports drop 30 million litres, US policy threatens budget – NMDPRA appeared first on The Sun Nigeria.

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65 h. ago PMS imports drop by 30 million litres in eight months — NMDPRA

Imports of Premium Motor Spirit (petrol) have plunged from 44.6 million litres a day in August 2024 to 14.7 ML by 13 April 2025—a fall of roughly 30 ML, or 67 per cent, according to the latest Nigerian Midstream and Downstream Petroleum Regulatory Authority supply tracker. The Authority’s Chief Executive Officer, Farouk Ahmed, disclosed this to State House correspondents on Tuesday during the sixth edition of the Meet-the-Press Read More

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4 d. ago Why Nigeria keeps ignoring risk: A call for strategic foresight

In Nigeria, we often wait for disaster before reacting. Whether it was the 2009 banking crisis, the fuel subsidy removal read more Why Nigeria keeps ignoring risk: A call for strategic foresight

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8 d. ago Petrol price, oil imports to drop as FG announces continuation of naira

By Adewale Sanyaolu Hopes of a further drop in fuel price brightened yesterday as the Federal Government announced the continuation of the Naira-for-Crude policy. In a statement, the ministry of finance announced that the decision to sustain the initiative was taken after a meeting of the technical sub-committee on the crude and refined product sales […] The post Petrol price, oil imports to drop as FG announces continuation of naira-for-crude deal appeared first on The Sun Nigeria.

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1 week ago Crude crash: FG’s 2025 budget jerks again, marketers anticipate price cut

The global crash in crude oil prices has put Nigeria’s 2025 budget under more threat, even as fuel marketers await a possible reduction in the prices of petroleum products. According to experts who spoke with our correspondent, the crude oil crash occasioned by the tariffs imposed on countries by United States President, Donald Trump, has Read More

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2 w. ago Fuel subsidy removal necessary, Nigerians must adjust spending

The National Institute for Policy and Strategic Studies has said the removal of fuel subsidy was a necessary step. The NIPSS urged Nigerians to endure the current economic hardship. Speaking on Channels Television’s The Morning Brief on Tuesday, the Director-General of NIPSS, Ayo Omotayo, stated that while the impact may be tough now, the decision Read More

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2 w. ago Tinubu’s bold decisions will benefit Nigerians – Ortom’s aide

By John Ogunsemore Terver Akase, media aide to former Benue governor, Samuel Ortom said President Bola Tinubu has made some bold decisions that his predecessors could not. He identified these decisions as removal of fuel subsidy and local government autonomy. Akase said that while fuel subsidy removal has brought deep pains to Nigerians, those will […] The post Tinubu’s bold decisions will benefit Nigerians – Ortom’s aide appeared first on The Sun Nigeria.

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3 w. ago US imports over 2m barrels of jet fuel from Dangote Refinery

By Adewale Sanyaolu The United States of America has imported over two million barrels of jet fuel from the Dangote Petroleum Refinery and Petrochemicals. The imports confirm the industry dominance of the refinery, which is extending far beyond Africa and the Middle East. According to data from ship-tracking service Kpler, six vessels carrying about 1.7 […] The post US imports over 2m barrels of jet fuel from Dangote Refinery appeared first on The Sun Nigeria.

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4 w. ago Civil Servants Threaten Mass Protest Over Budget Delay In Rivers

A coalition of concerned civil servants in Rivers State, and the Rivers Solidarity for Good Governance, have issued warning to the state’s House of Assembly over delay of 2025 budget. The groups condemned what it called reckless inaction and obstruction of governance, by Speaker Martin Amaewhule-Led lawmakers, warning of mass protest if their demands were […] The post Civil Servants Threaten Mass Protest Over Budget Delay In Rivers appeared first on Information Nigeria.

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