The use of Compressed Natural Gas (CNG) as an alternative fuel is believed to be cost-effective and aligns with the global transition to clean energy agenda, but issues around conversion cost and availability of CNG have hindered the adoption in Nigeria. Nigeria holds the largest natural gas reserves in Africa and ninth in the world, …
The Deputy Spokesman of the House of Representatives, Philip Agbese, has dismissed concerns over delays in implementing the 2025 budget, insisting that President Bola Tinubu’s administration remains on course with its economic policies. Agbese, who spoke to newsmen on Friday, commended the Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, for what he described …
Esther Ososanya ActionAid Nigeria has urged the Federal Government to suspend its proposed 5% surcharge on fossil fuel transactions, warning that the policy could damage the country's fragile economic recovery and worsen inequality. The new levy, introduced in Section 158 of the recently gazetted Nigeria Tax Act, is scheduled to take effect in 2026. It …
