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Petrol prices in Nigeria may remain elevated despite the recent decline in global crude oil prices, according to officials at the Dangote Refinery. The refinery attributes the trend to persistent global cost pressures, supply chain constraints, and structural issues within Nigeria’s oil market.
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Dangote: Falling Crude Prices Unlikely to Lower Petrol Costs in Nigeria
Global crude oil prices have recently dropped from about $130 per barrel to near $100 per barrel amid expectations of increased supply. However, this decline has not translated into lower petrol prices across Nigeria, where pump prices continue to hover above ₦1,300 per litre in major cities.
Abuja Residents Plan #SaveJabiPark Protest Over Threat to Green Spaces
Residents of Abuja are mobilising for a #SaveJabiPark protest scheduled for late March 2026, in response to growing concerns over the encroachment and potential conversion of designated green spaces within the Federal Capital Territory. The protest reflects rising tension between urban development pressures and environmental preservation in Nigeria’s capital city.
Abia Governor Otti Commissions $35 Million Industrial Facility in Aba
Alex Otti has commissioned a $35 million industrial facility in Aba, marking a significant boost to the state’s manufacturing sector and investment landscape. The facility, unveiled on March 25, 2026, is located at the Osisioma Industrial Layout and forms part of a broader $100 million investment plan aimed at expanding industrial capacity in the region.
LAWMA Tariffs Rise in Agboyi-Ketu as Lagos Relocates Dumpsite to Ikorodu
Waste collection tariffs have increased in Agboyi-Ketu Local Council Development Area of Lagos following the relocation of a major dumpsite from Ojota to Owuelepe in Ikorodu. The adjustment, effective April 2026, reflects higher operational costs driven by longer haulage distances and rising fuel expenses.
NERC Launches Electricity Regulators Forum Amid Ongoing Power Supply Crisis
The Nigerian Electricity Regulatory Commission (NERC) has inaugurated the Forum of Nigerian Electricity Regulators (FONER) to enhance coordination across the country’s electricity market. The initiative was launched on March 25, 2026, during the first quarter regulatory meeting with State Electricity Regulators in Lagos, as part of efforts to address persistent power supply challenges and improve sector performance.
Quote of the day:
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