Oil & Gas

Features

Nigeria’s Petrol Imports Rise Again as Domestic Refinery Supply Falters

Ogochukwu Onwaeze, THEWILL -
The July figure represents an 8.8 percent month-on-month increase and a 233.9 percent jump from May, when imports accounted for only 12.4 percent of total recorded petrol receipts.
Features

Why Local Refining Alone Cannot Fully Stabilise Nigeria’s Fuel Prices

THEWILL -
April 05, (THEWILL) — For many Nigerians, fuel prices are not just numbers; they shape everyday life. A change at the pump quickly reflects in transport fares, food prices and the overall cost of living. This is why recent...
Features

Oil Reform Taskforce: Unsolicited Memo from Concerned Nigerian

Marcel Okeke, THEWILL -
March 30, (THEWILL) — It remains undisputable that Nigeria is a mono-product economy; having crude oil (and some gas) as the mainstay of its economy for several decades. Consequently, the fate of its economy is intricately tied to the...
Features

Dangote Refinery and the Tyranny of Middlemen

Sola Oni, THEWILL -
March 29, (THEWILL) — Let me begin with a caveat: no economy is completely insulated from global geopolitical tensions. While the Dangote Refinery reduces import dependence, it cannot fully shield domestic fuel prices from international market shocks. The refinery...
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Latest News

NewsFelix Ifijeh, THEWILL -

Italy-Bound Businessman Intercepted With Cocaine Consignments In Shoe Soles, Bag Railings

Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted a Milan-bound businessman with 4.80 kilograms of cocaine concealed in the soles of shoes and the railings of travelling bags at the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos.
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