U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets
The Trump administration has temporarily waived sanctions on Iranian oil purchases at sea for 30 days to stabilize soaring oil prices caused by the ongoing US-Israel conflict with Iran. Treasury Secretary Scott Bessent said the move would release about 140 million barrels of oil into global markets, helping to ease energy supply pressures. Oil prices […]
‘If I don’t give you electricity, don’t vote for me’ – Video of Tinubu’s campaign promise resurfaces amid blackout
An old campaign video of Bola Ahmed Tinubu promising steady electricity has resurfaced online as many Nigerians face persistent power outages. The clip, recorded during the 2022 presidential campaign, shows the president assuring citizens that his administration would ensure constant electricity supply if elected. In the video, Tinubu told supporters that Nigerians should refuse to […]
Fuel consumption in Nigeria soars to 63.7 million liters per day
Nigeria’s daily fuel consumption has increased significantly, reaching about 63.7 million litres per day. This rise reflects growing demand across the country, driven by transportation needs, power generation, and increased economic activity in major cities. Industry data shows that fuel use remains high due to unreliable electricity supply, forcing households and businesses to depend heavily […]