Nigeria turns to natural gas for fuel as petrol prices rise after subsidy removal
By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria is turning to gas as an alternative fuel after it scrapped a popular but costly subsidy on petrol that has seen pump prices rise sharply,…
Prices of petrol and diesel fall in Sudan – ministry statement
DUBAI (Reuters) – Petrol prices in Sudan fell on Tuesday from 700 Sudanese pounds to 522 pounds ($0.9235) per litre, the country’s energy ministry said in a statement following its monthly pricing…
Nigeria’s fuel subsidies surpassed $1 billion in Aug as it supplied more petrol
By Camillus Eboh ABUJA (Reuters) – The cost of Nigeria’s fuel subsidies rose to 525.714 billion naira ($1.22 billion) in August, bringing the total spent this year to 2.568 trillion naira, according…
Nigeria finance minister: low oil output barely enough to cover petrol imports
By Dan Burns DAVOS, Switzerland – Low crude oil production means Nigeria is barely able to cover the cost of imported petrol from its oil and gas revenue, Finance Minister Zainab Ahmed…
Breaking News
