Despite issues, Nigeria ends 2022 as Africa’s largest oil producer
The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria ended 2022 as Africa’s largest oil producer. According to…
N4trn bill: How petrol subsidy grew by 349.42% in 3 years
Petrol subsidy payments grew by 349.42 per cent from N350 billion in 2019 to N1.573 trillion in 2021, propelled by…
FG raises Petroleum Products freight rate by 25 percent.
The Federal Government has approved a 25 percent increase in freight rate for petroleum products, raising it from N9.5…
Petrol Subsidy Morass
THE All Progressives Congress, APC, Federal Government must accept the blame for the fact that after six years in…
Crude Oil : Price of Oil hits $56
The sustained increase in global crude oil prices has pushed up the landing cost of imported petrol closer to…
Recent News
INEC absent as LP re-elects Abure Nat’l Chairman
Despite the opposition of the Nigeria Labour Congress, NLC, Mr Julius Abure was yesterday re-elected as the National Chairman of…
CBN Raises Interest Rate To 24.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate by 200…
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