…Gas (CNG) infrastructure and related value chains as it intensifies efforts to reduce transportation costs and promote cleaner energy.Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said the government was determined to expand CNG adoption as a cheaper, cleaner and more sustainable alternative to conve…
…Compressed Natural Gas initiative, which was introduced as part of efforts to reduce transportation costs following the removal of the subsidy. “Before asking Nigerians for four more years, Senator Yari and the APC must answer one question: after N15.8tn in additional resources, record FAAC allocations and three years…
…instead. What is the plan to dramatically reduce petrol prices and bring down food and transportation costs before 2027? ‘Endure’ is not an economic policy,” the ADC said. The party stressed it was not advocating a return to the corruption and opacity of the old subsidy regime. Instead, it said its alternative would pr…
…in assessing the direction of petrol prices and their wider impact on inflation, transportation costs and the Nigerian economy. The post Petrol price rises 9% to N1,310/litre despite falling crude oil prices – Report appeared first on Vanguard News.
…to the emergency meeting between the President and state governors on measures to reduce transportation costs on Friday through its National Publicity Secretary, Mallam Bolaji Abdullahi, the ADC described the move as a mere “political gimmick” that is coming three years too late. The party said the President and the go…
…October 1, 2026Joint committee established to ensure savings from CNG lead to lower transportation costs for NigeriansNigeria plans 500 additional CNG stations to support cheaper and cleaner fuel accessPAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Pascal Opar…
…(APC) have emerged, with the governors agreeing to take immediate measures to reduce transportation costs in their respective states through the use of Compressed Natural Gas (CNG) and electric vehicles. Tinubu disclosed this shortly after the meeting with the APC governors on Thursday night. According to him, the Fede…
…intervention in the domestic petroleum value chain, designed to reduce fuel and transportation costs at source. “When petrol becomes cheaper, the bus driver spends less, the farmer moves produce more cheaply, the trader pays less for haulage, businesses face lower logistics costs and the savings travel through the econ…
…to the state, bringing the total outlay to ₦29.8 million.The funds are meant to cover transportation costs and other pressing needs as the corps members move from the orientation camp to begin their primary assignments across Kogi State. Governor Ododo gives ₦20,000 each to 1,490 NYSC members in Kogi. Photo Ahmed O…
…transport rises, food rises. When food rises, families suffer.’ Of course, energy and transportation costs affect food prices. ‘’But petrol prices alone have never caused food inflation. Nigerians experienced rising food prices, even during the years when petrol subsidy was in place. ‘’Agricultural productivity, insecu…
…determinants of health—economic hardship, unemployment and underemployment, rising transportation costs, poor roads, inadequate housing, unsafe communities, unreliable electricity and water supply, food insecurity, and the escalating cost of living, among others. “When citizens are overwhelmed by poverty, insecurity, u…
…president. The party said a transparent and accountable subsidy system could help reduce transportation costs and the prices of essential commodities amid rising economic pressures. In a statement issued on Sunday by its Deputy Publicity Secretary, Abubakar Musa, the party said Nigerians were facing increased costs of…
…within the benefiting communities, improve access to markets and public services, reduce transportation costs and travel time,” while also creating employment opportunities and stimulating local economic activity. The inclusion of covered drainage, he added, is intended to ensure the road infrastructure is supported by…
…domestic air travel during festive periods as another consequence of elevated energy and transportation costs. Okonkwo also claimed that Atiku’s administration would seek to make Nigeria a net exporter of refined petroleum products by the time it takes office in 2027. He said the objective was not to restore an open-en…
…help promote greater uniformity in petrol prices and reduce the disparities created by transportation costs between different regions.“We are also appealing to them to extend it further to other states, especially those in the northern areas, so that petroleum products will be bought uniformly,” he said.He described th…
…to the removal of fuel subsidy, arguing that the policy had triggered increases in transportation costs, food prices and production expenses while putting pressure on jobs and household incomes. “Fuel affects transportation. Transportation affects food prices. Energy affects production. Production affects jobs. All of…
…per litreEligible bulk fuel buyers can benefit from a 10-day credit facility and reduced transportation costsChanges aim to enhance competition and affordability in Nigeria's petroleum market while improving access to refined productsPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Pascal Oparada is…
…in major farming communities, climate-related disruptions particularly flooding and high transportation costs arising from logistics challenges. In its outlook for 2026, the NESG added that election-related spending, seasonal demand associated with the festive period, and relatively high energy costs could generate tem…
…the cost of moving food from farms to markets by addressing poor roads, insecurity, high transportation costs and multiple levies. It should also establish a transparent national food reserve and strategic buffer system to release essential food items when prices rise sharply,” the statement added. According to the ADC…
…Daud, said residents had been subjected to hardship by the poor state of the road, while transportation costs had increased and motorists frequently incurred vehicle repair expenses. Daud appealed to Tinubu to intervene, particularly because the road leads to the Lisa Memorial Arcade, which he described as a site of na…
…of the road project, saying its poor condition has disrupted businesses and driven up transportation costs. PUNCH Metro correspondents, who visited the area on Thursday, observed that vehicles avoided the affected section because of its deplorable condition, forcing motorists to use one side of the dual carriageway as…
…for pregnant women during childbirth, and financial assistance for patients to cover transportation costs when returning home after treatment. Bakari also disclosed that MAUTH had one of the lowest dialysis charges in the country, at N35,000 per session. “Our dialysis charge is the lowest in the country because of Fede…
…to farmers, leaving domestic producers exposed to rising input, energy, labour and transportation costs.High production costs squeeze millersDama said the disparity in production costs means Nigerian millers can spend significantly more producing rice than the prevailing market price allows them to recover.He also high…
…purchases, he noted, expose low-income earners to constant price fluctuations driven by transportation costs and market conditions.Healthcare and housing worsen financial burdenOye also highlighted healthcare as another area where poverty imposes significant financial penalties.He noted that many families delay seeking…
…a major concern, causing prolonged delays, frequent vehicle breakdown, and increased transportation costs for residents, workers and business owners. Some of the motorists and residents who spoke with NAN in separate interviews on Saturday acknowledged the reconstruction of the first section but urged government to ext…