JUST IN: Port Harcourt Refinery Petrol Costs ₦75 More Than Dangote Refinery
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) announced that petrol from the recently reopened Port Harcourt Refinery is priced ₦75 per litre higher than that produced by the Dangote Refinery.
2025 Budgets: Experts Warn Recurrent Costs Could Stifle Development
Thirteen Nigerian states have proposed a combined budget of ₦9.07 trillion for the 2025 fiscal year, with ₦3.87 trillion (42.7%) allocated for recurrent expenditure and ₦5.845 trillion (57.3%) earmarked for capital projects. Recurrent expenditure includes salaries and administrative costs, while capital spending focuses on long-term infrastructure and development. Highlights by State:• Lagos: ₦3.005tn; 41.3% for […]