…affordable. It called for measures to reduce the cost of fertiliser, seeds, machinery, diesel, transportation and access to finance for farmers. The ADC also identified insecurity as a major threat to food production, saying farmers would struggle to produce food if they could not safely access their farms, harvest the…
…sits N53.54 below what it costs to import the same productThe price gap also extends to diesel, where Dangote's AGO price undercuts the import-parity estimatePAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Legit.ng journalist Dave Ibemere has over a decade of e…
…no large-scale CNG programme three years ago and depended heavily on imported petrol and diesel. By 2026, however, more than 100,000 vehicles had reportedly been converted to CNG, with more than $2bn in investment mobilised and over 10,000 jobs created. The NRS estimated that CNG could reduce running costs by between 4…
…electricity supply and rising energy costs, forcing them to rely heavily on petrol and diesel generators. The initiative also aligns with the Tinubu administration’s Renewed Hope Agenda, which prioritises industrialisation, technology commercialisation, renewable energy, digital transformation and local manufacturing a…
…them,” he said. He noted that many Nigerian universities currently depend on costly diesel-powered generators, leaving campuses with electricity for only a few hours daily. “How do you run a university in three, four or five hours? How do you not have internet because you don’t have electricity?” he asked According to…
…to healthcare delivery in Nigeria, forcing many public hospitals to rely heavily on diesel generators to power operating theatres, intensive care units, laboratories, blood banks, oxygen plants and cold-chain systems for vaccines and medicines. Rising energy costs have also increased the operational burden on tertiary…
Rising pump prices forced Nigerian consumers to cut petrol, diesel and cooking gas consumption during the first half of 2026 as higher energy costs squeezed household incomes and raised transportation and production costs. An analysis of the H1 2026 Downstream Industry Analysis Report by the Major Energy Marketers Asso…
…endlessly for jobs that do not exist. “I see entrepreneurs spending more money on diesel than on expanding their businesses. “I see brilliant young people leaving Nigeria, not because they have stopped loving their country, but because they no longer believe their country loves them back,” he added. Calling on Nigerian…
…According to the notice, the last tariff review was carried out in March 2024 when diesel sold for about N800 per litre, compared to the current price of between N1,700 and N2,000 per litre. It also explained that the closure of nearby disposal sites had forced its trucks to travel to Ikorodu, about 53 kilometres from…
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…cents on Nigeria’s national grid, rising to nearly 30 cents when manufacturers rely on diesel generators. He added that Nigerian manufacturers spent an estimated ₦1.34tn generating their own electricity last year. “Every factory in Nigeria is running a second, unwanted business as a private power station,” Bakrin said.…
Dangote Petroleum Refinery resumed diesel sales after an eight-day halt, but marketers will now pay more at the loading gantryThe new gantry price marks a ₦150 rise from the previous rate, driven by climbing international crude oil costsThe price change is expected to push up ex-depot diesel prices nationwide, hittin…
…He noted that captured methane could supply gas-fired power plants, reduce dependence on diesel generators, expand domestic LPG production, provide feedstock for fertilizer and petrochemical industries, generate export earnings through LNG, increase government tax and royalty collections, and earn carbon credits under…
Cooking gas prices in Nigeria now range from ₦1,100 to ₦1,550 per kilogram as prices crash amid a surge in importsInland transportation costs drive LPG price variations across different states, with Dangote Refinery offering the lowest priceConsumers are advised to compare rates and avoid roadside resellers for bet…
…oil prices and disruptions to global supply chains influenced the prices of petrol, diesel and aviation fuel in Nigeria? It has really affected a whole lot, largely on aviation fuel. It has even helped Nigeria to be ranked among the top exporters of aviation fuel. For me, it has really affected the cost of petrol, dies…
Fresh shipments of petrol, diesel, cooking gas, butane and aviation fuel are arriving at depots in Lagos, Warri and PH to boost fuel supplyImporters are facing higher costs after global freight rates increased by about 25% due to disruptions in the Middle EastThe recent temporary loading suspension at Dangote Refinery…
…supporting inventory replenishment. The supply of Automotive Gas Oil, commonly known as diesel, declined by 14 per cent in June. AGO receipts fell from 18.8 million litres per day in May to 16.2 million litres per day in June, a decline of 2.6 million litres or 13.8 per cent. The decline was entirely recorded in domest…
By Udeme Akpan, Energy Editor Pump price of Automotive Gas Oil (AGO), otherwise known as diesel, have recorded significant hikes in Lagos, Port Harcourt and Warri. This comes against a relatively stable prices for Premium Motor Spirit (PMS) otherwise known as petrol despite fears of pressure from a renewed hostility in…
•As diesel prices rises across major depots By Udeme Akpan The Dangote Petroleum Refinery on Wednesday trimmed its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, by ¦ 1 per litre, even as diesel prices climbed across several petroleum depots in Lagos, reflecting mixed trends in Nigeria's downst…
Airtel Africa Plc reduced its diesel consumption by 9.1 million litres during its 2025/2026 financial year as the telecommunications company increased its use of lower-carbon energy sources and expanded efforts to reduce the environmental impact of its operations. Diesel retail prices in Nigeria averaged between N1,409…
…realities is that a significant proportion of NAMA's critical installations rely on diesel-powered generators due to the country's persistent electricity challenges. Air navigation systems cannot simply be switched off whenever public electricity fails. They must remain operational around the clock because aircraft con…
…noted that stronger summer travel demand and refiners' growing preference to maximise diesel production over jet fuel could gradually help rebalance the aviation fuel market. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority showed that the Dangote refinery exported an estimated 1.66 billio…
…Nigeria had a ready market. He said, "We have completed Proof of Concept converting our diesel engines to LNG. We ran it for one month; it worked perfectly. Our operating cost was reduced by 70%. With investments in gas, the plan is to have a gas plant around Lagos-Ogun line and another by Warri-Itakpe line where we ha…
…of Khartoum were affected. To rebuild, you need to find another source of energy, either diesel or solar. I decided to reestablish the factory in another part of the country that is relatively safe. We are now in Kassala, close to the border with Eritrea in eastern Sudan. We built the factory there on rented land. Now…
…remain connected, many rural communities continue to rely on expensive generators, diesel, kerosene and improvised energy systems that limit business activity and public services. In Ajuye, residents insist the difference lies not simply in having electricity but in having electricity that works consistently. Several c…