The Nigerian National Petroleum Company (NNPC) recently raised fuel prices in response to shifting market dynamics, following the end of government fuel subsidies. In Abuja, the cost of petrol has now surged to N1,030 per liter, while in Lagos, it’s reached N998. This adjustment comes after the NNPC announced its move to buy crude oil from the Dangote Refinery at market rates, passing the cost on to consumers as the NNPC can no longer afford to absorb subsidies due to financial strain.
The NNPC’s new strategy also involves selling crude oil in naira, and this pricing shift has led many independent fuel stations to cross the N1,000 per liter threshold, further impacting consumers. This is part of a broader policy shift to deregulate the fuel market fully, aimed at aligning with global prices and improving the long-term financial sustainability of the energy sector in Nigeria.
More
NIGERIAN PORTS TARIFFS Tariff regulations of ports by NPA (Nigerian Ports Authority) DEFINITION OF TERMS Appropriated Area: A designated Nigerian Ports Authority’s facility or…
What are subsidies and why they matter There is no universally accepted definition of a subsidy. Organizations such as the Organisation for Economic Co-operation and Development (OECD)…
Meaning of MDA in civil service MDA in civil service refers to Ministries, Departments and Agencies. It’s a collective name for government ministries and other bodies…
List of MDA in Nigeria The Ministries, Departments and Agencies (MDA) of the Federal Government of Nigeria are: SNOrganization /MinistryMinisterial DepartmentAgency /Parastatal1Federal Ministry of Industry,…
Ministries, Departments and Agencies (MDA) in Nigeria Nigeria Federal Ministries, Departments and Agencies (MDA) and their codes are: SNMDA CodeOrganization /MinistryMinisterial DepartmentAgency /Parastatal137001Federal Ministry of Industry, Trade…
LAGOS STATE NAMES OF SCHOOLS, YEARS OF APPROVAL AND ADDRESSES NAME OF SCHOOLYEAR OF APPROVALADDRESSBarton College2023104 Egbe Road, Ejigbo, IkotunChessington College2023Plot 24, Ogba Road, Alhaja 2 Bus Stop, Shiaba AgegeDanbath College2023Wale Tijani Close, Off Yewa Road, Isawo, IkoroduGovera Secondary School202326, Zion Way Off Olowo Ila Bus Stop, Egan by Lasu Isheri Road, EganHarbottle College20231, Barrister Ihua Street, Olumo junction, Igbe Road, Igbogbo, IkoroduHoneyland College20232, Adebisi Oyenola Street, Idado Estate, Igbo-EfonJNISSI High School (Junior)2023S4TC Medium Housing Estate, Ijaiye, OgbaKingstars College2023Kingstars schools Along Iworo-Ajido Road, Mosafejo-Aradagun, BadagryLolly-Kay College202321, Agbelekale Street, Mafoluku, OshodiMagnify Science Secondary School202318/20, Kolawole Street, BadagryMoral Esteem College20231, Cletus Adobu Street, Fidiso Estate, Abijoh-LekkiNew Ocean Comprehensive High School202370/72, Alaja Road, Megida, AyoboOlanike Dairo Secondary School (Senior)202313, Strachan Lane, Off Strachan Street Orlando, Igbosere roadPark Royal College202386, Marine Road, Apapa GRA.Reigning Diadem College202339, Agura Gberigbe Road, Iyana Odo bus stop, Agura, IkoroduWhitespring College2023Alhaja Aduke Abiodun Street, Off New road, AlausaYecco Eminent College202320, Ade Onabanjo Anuoluwa Street, Abule Panu, Offin, IgbogboABBA COTERIE COLLEGE20221, Davies Crescent, Via TOS Benson Road, Ebute Ipakodo, IkoroduBIGGA HIGH SCHOOL2022Plot 20, Block D, Unity Avenue, Agbede, Olosugbo, IkoroduBIMSTAR COLLEGE202229, Old Ota Road, Ilapo, Off AIT Road, AlagbadoBORN TO-SHINE COLLEGE20224, Rotimi Olaide Street, IdimuCANADIAN GATEWAY HIGH SCHOOL2022107, Ago Palace Way, Okota-Isolo 102214CISTO ACADEMY HIGH SCHOOL202227, Ola Street, Off Asalu Bus Stop, Abaranje Road, IkotunDGF COLLEGE202215, Barr. Olabisi Kolawole Road, Off Amoke Soderu Street, Aruna, IkoroduDOSLAND COLLEGE2022Block 26, Plot 17, Community Road, Ilapo Estate, AlagbadoFAJIP COLLEGE202216, Olu Adebayo Street, Oke AfaGOLDEN WAY COLLEGE202233-37 ROAD 4, 3rd Avenue, Peace Estate, Baruwa, IpajaGREAT OAK COLLEGE202211, Ajagungbade Street, Off Daoudu, Mafoluku, OshodiINSPIRA COLLEGE202229-35 Gberigbe Road, Gbodu, IkoroduINTERGUIDE HIGH SCHOOL20226/8 Toyin Street, Ikeja, LagosJUSEK COLLEGE20225, Agbojojoye Street, Amuwo Odofin, LagosKEENLANE COLLEGE202240, Anite Cresent, Off Godmon Street, OkotaMIKOCHART SECONDARY SCHOOL2022157, Governor’s Road, Emmanuel Bus Stop, IkotunOGUNBOYEJO ADEOLA MEMORIAL COLLEGE20224 & 6 Akpofure Street, Off Araromi Road, Adamo, IkoroduPEDRISI COLLEGE20225, Pedrisi Road, Ogoyo, Off Mobil Road, AjahRASOL PRIVATE COLLEGE202212, Modupe Shitta Street, Off Liasu RoadSIMID COLLEGE202222, Jubril Olabisi Street, Off Idimu Road, EjigboSOLON COLLEGE202229, Onilewura Street, Off Liasu Road, Egbe, IkotunTENDERTOUCH INTELLECTUALS COLLEGE2022322 Road, J-Close, Festac Town,THE CARDINAL HIGH SCHOOL202211/17 Oluwasanmi Adefioye Street, Off Princess Abiola Way, Idimu-Ikotun RoadTHE TENETS COLLEGE (JUNIOR)20227, Tunde Popoola Street, Isokan Estate, Oriokuta, IkoroduTSI COLLEGE2022Plot 156, 11…
Constitution of Ethiopia The Constitution of the Federal Democratic Republic of Ethiopia A PROCLAMATION TO PRONOUNCE THE COMING INTO EFFECT OF1HE CONSTITUTION OF1HE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA WHEREAS. the Nations, Nationalities…
Nigerian Festivals Festivals in Nigeria across states Akata Fishing Festival in 2022 Igbo Uturu Cultural Festival – Abia State This festival of…
KADUNA STATE HISTORICAL BACKGROUND Kaduna State occupies part of the Central position of the Northern part of Nigeria (with Kaduna as its…
List of Federal Government agencies in Nigeria The Federal Government agencies in Nigeria are: Abuja Securities and Commodity Exchange Commission Accident Investigation Bureau Advertising Practioners of Nigeria…
