[This Day] The federal government moved yesterday stabilise the prices of Jet fuel to save airlines operating in the aviation sector. But this has triggered concerns within Nigeria's aviation and downstream petroleum sectors raising fears that the move could trigger market distortions. Instead some analysts believe the sector should be allowed to operate on the basis of market forces.
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[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC) has denied claims that it is selling scrap materials, equipment, or components from its refineries, describing such reports as false and misleading.
[Premium Times] The airline says surging aviation fuel prices are forcing operators to absorb heavy losses, raising concerns over sustainability and service disruptions.
[Scrolla] Khayelitsha taxi workers earn a quarter of total weekly profits, and soaring fuel prices mean drivers take less cash home. The Cape Organisation for the Democratic Taxi Association warns taxi bosses will raise passenger fares unless the government cuts levies.
[DA] The DA will press the Finance Minister to make the logical decision to continue fuel levy relief for at least one more month using government and parliamentary processes.
[New Era] Petrofund recently hosted a local suppliers' workshop for upstream oil and gas in Windhoek.
[Nile Post] Uganda National Oil Company (UNOC) Chief Corporate Affairs official Otoa has said that Uganda is well prepared to manage the current fuel situation despite rising pump prices and reports of shortages in parts of the country.
[New Times] The roll out of park-and-ride facilities, with Gahanga now added to the network, is a timely and commendable intervention. At a moment when fuel prices continue to strain household budgets and business operations, this initiative offers a practical, forward-looking solution that aligns economic necessity with environmental responsibility.
[New Times] Users of electric vehicles (EVs) are reporting lower operating costs compared to those using fuel-powered cars, as Rwanda grapples with rising fuel prices.
[The Conversation Africa] Ghana introduced a new payment arrangement for petroleum imports in 2023, using gold instead of scarce US dollars. The policy was designed to ease pressure on the cedi by reducing the need for upfront dollar purchases to settle fuel import bills.
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