Tag: #EnergyPolicy
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FUEL PRICE ALERT: EXPERTS WARN 15% IMPORT DUTY ON PETROL AND DIESEL MAY PUSH PRICES HIGHER
Energy experts are raising alarms over the Federal Government’s recent approval of a 15 percent import duty on petrol and diesel, cautioning that consumers could soon face a fuel price hike of up to N150 per litre or more. Dr. Ayodele Oni from Bloomfield Law Practice highlighted that while the policy aims to protect and…
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CHINA CUTS GASOLINE AND DIESEL PRICES AMID INTERNATIONAL OIL PRICE FLUCTUATIONS
China’s top economic planner announced a significant retail price reduction for gasoline and diesel effective Tuesday, October 28, 2025. Gasoline prices will drop by 265 yuan (about 37.39 U.S. dollars) per tonne, while diesel prices will decrease by 255 yuan per tonne. The National Development and Reform Commission instructed China’s three largest oil companies—China National…
