The dynamics of Nigeria’s downstream petroleum sector have long been a source of friction between consumers, marketers, and policymakers. However, recent global events have brought the perceived insincerity of petroleum importers and marketers into sharp focus. When geopolitical tensions escalated into active conflict involving Iran, the United States, and Israel[Read More…]
Tag: Fuel Pricing Asymmetry: The Hypocrisy Behind Nigeria’s Frozen Pump Prices


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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]
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