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Domestic refineries in the country have received a cumulative supply of 156.52 million barrels of crude oil between January and September 2026. Of this quantity, volume, 125.85 million barrels or 80.4 per cent, were sourced from…
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According to a report by Daily Post on October 22, 2026, two weeks after Finance Minister Taiwo Oyedele announced the plan, the Federal Government still hasn't put the ₦1,350 per liter petrol price at Nigerian National Petroleum…
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The President of the Senate, Senator Godswill Obot Akpabio, has challenged stakeholders in Nigeria’s petroleum industry to translate the Petroleum Industry Act (PIA) into measurable economic gains, insisting that the success of the…
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The rising cost of meat in Lagos is putting pressure on butchers, with a kilogramme now selling for between N9,000 and N10,000, up from N7,000 to N7,500 about four months ago. The ​‌‍‌‍‍⁠⁠‍‌​‍‍‌⁠‌‍‌​Lagos State Butchers Association…
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Vice-President Kashim Shettima The National Economic Council (NEC) has endorsed a 90-day economic action plan aimed at reducing the cost of living, improving food affordability, attracting investment and accelerating projects that…
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…Domestic refineries supply 65 per cent of national petrol requirement From January to September 2026, the domestic refineries in Nigeria have received 156.52 million barrels of crude oil. Of the volume, 125.85million…
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Prof. Wumi Iledare By Saidu Abubakar The recent appraisal of President Bola Tinubu's economic reforms by former President Olusegun Obasanjo as reported in the media, has attracted the reaction of Prof. Wumi Iledare, who is a renoun…
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The Senate Tuesday through its committee on Public Accounts , rejected records of volume of Petroleum importation presented to it by Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for 2022 and 2023 on account…
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Obasanjo Former President Olusegun Obasanjo has criticised President Bola Tinubu’s economic reforms, arguing that the sharp devaluation of the naira has impoverished Nigerians and contributed to the country’s position as the world’s…
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According to a report by DAILY POST on Wednesday 21 October 2026, the landing cost of imported petrol in Nigeria has decreased to ₦1,283.81 per litre, even as depot prices and pump prices remain relatively high across the country. …
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