Dangote, Marketers Cut Petrol Prices as Crude Falls

Labour, Opposition Mount Pressure on Tinubu Over Fuel

Nigeria’s organised labour and main opposition leaders mounted fresh pressure on President Bola Tinubu on Wednesday, 16 September 2026, demanding urgent relief after petrol pump prices hit fresh peaks across the federation. The Nigeria Labour Congress called on the federal government to grant immediate wage awards to workers and supply crude to domestic refineries in…

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We Import Petrol While Exporting Crude: A Masterclass in Economic Self-Sabotage

We Import Petrol While Exporting Crude: A Masterclass in Economic Self-Sabotage

On Monday, January 12, 2026, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) released its latest performance data, revealing a bittersweet reality. Nigeria averaged 1.64 million barrels per day (mbpd) of crude oil and condensates throughout 2025. While this shows a slight stabilization compared to previous years of rampant oil theft, it remains well below the…

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