Tag: FuelPrice
-
Nigeria Doubles Down with CNG Vehicle Adoption Amid Malaysia’s Retreat
In response to Malaysia’s announcement to phase out the use of compressed natural gas (CNG) vehicles by 2025, the Nigerian Presidency has clarified that the concerns raised do not apply to Nigeria’s CNG program. Bayo Onanuga, special adviser to President Bola Tinubu on Information and Strategy, stated that the Malaysian situation primarily concerns liquefied petroleum…
-
Fuel Price Controversy Deepens as NNPC Defends Import Quality Amid Market Tensions
The ongoing debate over Nigeria’s fuel pricing mechanism intensified Tuesday as the Nigerian National Petroleum Company (NNPC) Limited defended its import quality standards amid protests at its Abuja headquarters. The controversy highlights the growing tensions in Nigeria’s downstream petroleum sector since the removal of fuel subsidies. NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, strongly rebutted…