crude oil supply

  1. Fuel Prices in Nigeria Could Exceed N1,000 as Dangote Refinery Shifts to Dollar

    Nigeria Fuel Prices in Nigeria Could Exceed N1,000 as Dangote Refinery Shifts to Dollar

    Dangote Refinery has suspended the sale of fuel in Naira due to crude supply challenges, opting for dollar transactions. This shift may push fuel prices above N1,000 per litre. Experts warn of economic strain, urging the government to reinstate the Naira-for-crude policy to stabilize prices and...
  2. Foreign Investors Hesitate as Nigeria's Modular Refinery Projects Hang in Limbo

    Nigeria Foreign Investors Hesitate as Nigeria's Modular Refinery Projects Hang in Limbo

    Amidst crude oil supply uncertainties, funding for 20 modular refineries in Nigeria faces jeopardy, impacting domestic refining capacity and economic prospects. International investors seek guarantees, while regulatory challenges hinder progress. In Nigeria's energy sector, a critical impasse...
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