‘Go get your own oil’ from Iran Trump tells UK as he says US ‘won’t help you anymore’
U.S. President Donald Trump has told the United Kingdom and other countries to “go get your own oil” from Iran amid rising tensions in the Middle East. Trump’s comments came as fighting continues around the Strait of Hormuz, a key route for global oil shipments. He criticised allies for not helping the U.S. in its […]
Trump Threatens To Delay China Trip If Beijing Doesn’t Help Reopen Hormuz
WASHINGTON (AP) — President Donald Trump is suggesting he may delay his much-anticipated visit to China at the end of the month as he seeks to ramp up the pressure on Beijing to help reopen the Strait of Hormuz and calm oil prices that have soared during the Iran war. In an interview Sunday with […]
President Trump thr3atens Iran over Strait of Hormuz, warns of “de@th, f!re and fury”
Donald Trump has issued a strong warning to Iran over threats to disrupt shipping through the Strait of Hormuz. The US leader said any attempt by Iran to block oil shipments through the vital route would trigger severe military retaliation. Trump stated that the United States would respond “twenty times harder” than previous strikes if […]
Fuel price cut: Why Nigerian govt policy should favour Dangote Refinery, domestic refineries – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has advised the Federal Government to design fuel pricing and import policies that support Nigeria’s local refineries, especially the Dangote Refinery. According to the group, doing so will help reduce the cost of fuel, improve energy security, and strengthen the local economy. CPPE said that allowing […]
Fuel price cut: ‘We will meet in market’ – Dangote reveals move to frustrate importers
Aliko Dangote, Nigeria’s business magnate, has revealed plans to counter fuel importers following the recent reduction in fuel prices. He emphasized that local production and competition would be key strategies to frustrate importers’ dominance in the market. Dangote stated that he is ready to meet competitors directly in the marketplace, ensuring that local refiners can […]
No going back on Naira-for-crude implementation – FG
The Nigerian government has made it clear that it will not change its decision to start selling crude oil and refined petroleum products in naira. This was confirmed by Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. This plan is a major part of President Bola Tinubu’s economic reforms. The goal […]
60 Million Barrels Of Crude Oil Unsold As Local Refineries Suffer Low Supply
Local refineries in Nigeria continue to face significant challenges in accessing crude oil. Reports indicate that over 60 million barrels of Nigerian crude oil remain unsold, floating at sea while local facilities suffer from insufficient supply. Insiders have voiced concerns about the ongoing difficulties, despite warnings from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The […]
Crude oil sales in Naira will continue – FG
The Federal Government of Nigeria has confirmed that it will continue selling crude oil and refined products in Naira. This decision is part of a long-term plan to help the country’s economy by reducing its dependence on foreign exchange and improving local refining. The confirmation was shared on April 9 via the Federal Ministry of […]
Russia war: Von der Leyen to present EU arms plan to support Ukraine
European Commission President Ursula von der Leyen has promised more support for Ukraine as the country marks three years since Russia’s full-scale invasion. Before her meeting with Ukrainian President Volodymyr Zelenskyy in Kiev, she stressed that helping Ukraine is important for the whole world. With Ukraine’s budget for 2025 secured, von der Leyen highlighted the […]
Jigawa invests N132 Million in CNG training centre
Jigawa State is making a big move towards cleaner energy by investing over N132 million in a state-of-the-art training centre located in Dutse. This centre is set up to teach experts how to convert petrol vehicles into ones that run on Compressed Natural Gas (CNG), which is a cleaner and more efficient fuel option. At […]