[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fl5VyYLII9TaOd69gHUBBPIUsbNd0PO2Ih3uit-HFMhI":3,"$fX2qm2Llu5ANxhqpVlWzGmUcet42lOGlVQjKJSDj1ufI":49,"$fYM1WKrRLJU0ERFFCfgTweF9ClXcYqRynAnujH6SKI80":88,"$fNjV20yz8AsBpYTPU80Y8LHjGbcbJmhpeE88tnZs9M40":1579,"$f2jc-4yg8vxDrZ1Tyh1ER98vQww-kEVCB9dHDsT32WpE":1679,"$f5ddeIIzSYzcg7r2vcklCD1MhU4pKrOp78p65jia28p8":1809,"$fSF4Flw6dDOmmcJNqCjSJl2QD7301dYHFV2yoJBJsyR8":1831},{"status_code":4,"message":5,"data":6},200,"Top navigation retrieved successfully",[7,13,19,25,31,37,43],{"id":8,"createdAt":9,"updatedAt":10,"name":11,"slug":12},"b2fd4aec-5546-486a-a3f4-eea60b1434f5","2026-03-26T09:17:24.918Z","2026-04-23T08:59:18.000Z","Hot Topics","hot-topics",{"id":14,"createdAt":15,"updatedAt":16,"name":17,"slug":18},"61adefb2-a0a9-4d1d-a02a-7168a954b173","2026-03-26T09:12:43.334Z","2026-05-21T22:16:04.000Z","Politics","politics",{"id":20,"createdAt":21,"updatedAt":22,"name":23,"slug":24},"412ac379-b7f4-41e6-9284-1b23abd75193","2026-03-26T09:08:28.975Z","2026-04-22T15:05:10.000Z","Global Updates","global-updates",{"id":26,"createdAt":27,"updatedAt":28,"name":29,"slug":30},"01411baa-e805-4390-8629-929c4f90c093","2026-03-25T11:58:27.451Z","2026-05-21T11:24:07.000Z","Entertainment","entertainment",{"id":32,"createdAt":33,"updatedAt":34,"name":35,"slug":36},"f533efbb-008f-4539-9a0b-c6f71297a9f4","2026-03-25T11:41:34.472Z","2026-05-21T16:44:38.000Z","Business","business",{"id":38,"createdAt":39,"updatedAt":40,"name":41,"slug":42},"556591a5-3420-482a-9592-6b4ae49829b3","2026-03-25T11:40:22.480Z","2026-05-21T16:39:17.000Z","Sports","sports",{"id":44,"createdAt":45,"updatedAt":46,"name":47,"slug":48},"07a1a269-9188-41fc-9145-0ab7ca6d29e6","2026-03-25T11:39:56.272Z","2026-05-21T16:37:48.000Z","Africa","africa",{"status_code":4,"message":50,"data":51},"List of Posts retrieve successfully",{"id":52,"createdAt":53,"updatedAt":54,"title":55,"excerpt":56,"content":57,"slug":58,"topic":59,"tags":64,"image":75,"author":76,"feed":77,"views":84,"type":85,"readTime":86,"externalSourceUrl":87},"bb969939-8b39-4862-8a77-c2b79e3386b3","2026-07-16T13:34:02.569Z","2026-07-16T16:34:52.000Z","Fuel Price: Dangote Refinery breaks silence on suspension of petrol gantry sale","The Dangote Refinery has officially opened up on the alleged suspension of petrol gantry sales to marketers and other offtakers.  Speaking to DAILY POST on Thursday, the spokesperson of Dangote Group, Anthony Chijiena, said the claim that the 700,000-barrel-per-day suspended gantry petrol sale was false.  Dangote Refinery’s clarification comes amid reports that the mega refinery had […]\nFuel Price: Dangote Refinery breaks silence on suspension of petrol gantry sale","\n\u003Cp>The Dangote Refinery has officially opened up on the alleged suspension of petrol gantry sales to marketers and other offtakers.&nbsp;\u003C\u002Fp>\n\n\n\n\u003Cp>Speaking to DAILY POST on&nbsp;Thursday, the spokesperson of Dangote Group, Anthony Chijiena, said the claim that the 700,000-barrel-per-day suspended gantry petrol sale was false.&nbsp;\u003C\u002Fp>\n\n\n\n\u003Cp>Dangote Refinery&#8217;s clarification comes amid reports that the mega refinery had halted gantry petrol sales, which are currently at $0.779 per litre, which is around N1,075 per liter.&nbsp;\u003C\u002Fp>\n\n\n\n\u003Cp>This development had emerged barely two days after the Dangote Refinery had suspended refined petroleum product sales in Naira, a major pricing template shift for the country&#8217;s downstream sector.&nbsp;\u003C\u002Fp>\n\n\n\n\u003Cp>Although Dangote Refinery&#8217;s petrol gantry price had remained flat, depot owners have effected fresh ex-depot price changes amounting to N100. Depot owners such as Opitma, Emedab, and Parker sell the petrol at N1200 to N1225 per liter, respectively, up from N1080.&nbsp;\u003C\u002Fp>\n\n\n\n\u003Cp>Meanwhile, DAILY POST reports fuel retail pump prices have remained flat at N1155 and N1205 per liter in Abuja and its environs as of the time of reporting.&nbsp;\u003C\u002Fp>\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fdailypost.ng\u002F2026\u002F07\u002F16\u002Ffuel-price-dangote-refinery-breaks-silence-on-suspension-of-petrol-gantry-sale\u002F\">Fuel Price: Dangote Refinery breaks silence on suspension of petrol gantry 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Banditry","kidnapping-and-banditry",[],{"id":1552,"createdAt":1553,"updatedAt":1554,"name":1555,"slug":1556,"children":1557},"7d71a44e-8ad3-459b-87ca-44340608ba66","2026-05-12T09:17:22.828Z","2026-05-21T22:09:16.000Z","Police","police",[],{"id":1559,"createdAt":1560,"updatedAt":1561,"name":1562,"slug":1563,"children":1564},"b3fbb57a-beaa-409f-b5db-290b46ea8a58","2026-03-26T09:15:35.953Z","2026-05-22T21:59:26.000Z","Insecurity","insecurity",[],{"id":1566,"createdAt":1567,"updatedAt":1568,"name":1569,"slug":1570,"children":1571},"bb43406d-7167-428a-98a5-c9b0ae3d225b","2026-04-19T11:23:40.666Z","2026-05-22T22:00:49.000Z","Drug Trafficking","drug-trafficking",[],{"id":1573,"createdAt":1574,"updatedAt":1575,"name":1576,"slug":1577,"children":1578},"f4a769f7-1ac5-44b9-a955-0883b8ade1dc","2026-03-30T20:25:43.706Z","2026-05-22T22:01:21.000Z","Cyber Crime","cyber-crime",[],{"status_code":4,"message":76,"data":1580},[1581,1607,1630,1650],{"id":1582,"createdAt":1583,"updatedAt":1584,"title":1585,"excerpt":1586,"content":1587,"slug":1588,"topic":1589,"tags":1590,"image":1597,"author":76,"feed":1598,"views":1605,"type":85,"readTime":86,"externalSourceUrl":1606},"17bb9035-6864-48a8-adb5-3e89b78f0bbe","2026-07-15T23:49:00.972Z","2026-07-16T13:51:04.000Z","PIA permits Dangote’s dollar fuel sales – Regulator","Nigeria’s petroleum regulator confirms Dangote Refinery can sell fuel in dollars, citing PIA provisions for cost recovery. Learn how this impacts marketers\n\nRead More: https:\u002F\u002Fpunchng.com\u002Fpia-permits-dangotes-dollar-fuel-sales-regulator\u002F","\n\nNigeria&#8217;s petroleum regulator confirms Dangote Refinery can sell fuel in dollars, citing PIA provisions for cost recovery. Learn how this impacts marketers\n\nRead More: https:\u002F\u002Fpunchng.com\u002Fpia-permits-dangotes-dollar-fuel-sales-regulator\u002F","pia-permits-dangotes-dollar-fuel-sales-regulator",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[1591,1592,1593,1594,65,1595,1596],"pia","permits","dangotes","dollar","sales","regulator","https:\u002F\u002Fpunchng.com\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FDangote-Petroleum-Refinery_1784159241.webp",{"id":1599,"createdAt":1600,"updatedAt":1601,"name":1602,"image":1603,"slug":1604},"ade0b341-0401-468c-a175-895514f214f9","2026-03-25T12:04:21.064Z","2026-04-20T09:40:43.000Z","Punch Nigeria","https:\u002F\u002Fapi.oneclickafrica.com\u002Fmedia\u002Ffeed\u002Ff63ca011-8a2c-4617-b784-b78e461d5bb1.png","punch-nigeria",4,"https:\u002F\u002Fpunchng.com\u002Fpia-permits-dangotes-dollar-fuel-sales-regulator\u002F?utm_source=rss.punchng.com&utm_medium=web",{"id":1608,"createdAt":1609,"updatedAt":1610,"title":1611,"excerpt":1612,"content":1613,"slug":1614,"topic":1615,"tags":1616,"image":1621,"author":76,"feed":1622,"views":1605,"type":85,"readTime":86,"externalSourceUrl":1629},"18d10b96-eaa9-4f28-9d70-b2fb9bf7c320","2026-07-15T17:10:05.649Z","2026-07-16T13:51:07.000Z","Dangote Refinery Insulates Nigerians From Global Fuel Price Shock – S&P","Dangote Petroleum Refinery & Petrochemicals has continued to shield the Nigerian market from external price shocks with affordable petroleum products despite global market disruptions. According to the latest market intelligence from S&P Global Commodity Insights, the refinery is maintaining stable domestic fuel prices within a commercially acceptable range despite rising international gasoline prices, higher freight […]\n(Feed generated with FetchRSS)","Dangote Petroleum Refinery &#38; Petrochemicals has continued to shield the Nigerian market from external price shocks with affordable petroleum products despite global market disruptions. According to the latest market intelligence from S&#38;P Global Commodity Insights, the refinery is maintaining stable domestic fuel prices within a commercially acceptable range despite rising international gasoline prices, higher freight [&#8230;]\u003Cbr\u002F>\u003Cbr\u002F>\u003Cspan style=\"font-size:12px; color: gray;\">(Feed generated with \u003Ca href=\"https:\u002F\u002Ffetchrss.com\u002FfeedLink?w=69971808bd56a5f335070c53\" target=\"_blank\">FetchRSS\u003C\u002Fa>)\u003C\u002Fspan>","dangote-refinery-insulates-nigerians-from-global-fuel-price-shock-sandp",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[67,68,1617,1618,1619,65,66,1620],"insulates","nigerians","global","shock","https:\u002F\u002Fleadership.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FDangote-Refinery-3.webp",{"id":1623,"createdAt":1624,"updatedAt":1625,"name":1626,"image":1627,"slug":1628},"c13c8a86-8416-47ca-8461-03349a4d0046","2026-03-26T09:33:29.803Z","2026-04-20T09:46:07.000Z","The Leadership","https:\u002F\u002Fapi.oneclickafrica.com\u002Fmedia\u002Ffeed\u002Fc35cac9e-e82a-4a0f-855f-b1f81a8715ed.png","the-leadership","https:\u002F\u002Fleadership.ng\u002Fdangote-refinery-insulates-nigerians-from-global-fuel-price-shock-sp\u002F",{"id":1631,"createdAt":1632,"updatedAt":1633,"title":1634,"excerpt":1635,"content":1636,"slug":1637,"topic":1638,"tags":1639,"image":1641,"author":76,"feed":1642,"views":1605,"type":85,"readTime":1605,"externalSourceUrl":1649},"2a93cee7-efea-4c19-9744-886fe3488cdb","2026-07-15T17:28:00.898Z","2026-07-16T13:51:08.000Z","Dangote Refinery shields Nigerians from global fuel price shock – S&P","…competitive pricing protects consumers from import driven increasesBy Udeme AkpanDangote Petroleum Refinery & Petrochemicals continues to shield the Nigerian market from external price shocks, maintaining stable domestic fuel prices within a commercially acceptable range despite rising international gasoline prices, higher freight rates and tightening global supply conditions that are increasing costs for fuel importers across […]\nThe post Dangote Refinery shields Nigerians from global fuel price shock – S&P appeared first on Vanguard News.","\u003Cimg width=\"1024\" height=\"539\" src=\"https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2024\u002F12\u002Fimage-167-1024x539.png\" class=\"attachment-large size-large wp-post-image\" alt=\"Dangote Refinery shields Nigerians from global fuel price shock &#8211; S&amp;P\" decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2024\u002F12\u002Fimage-167-1024x539.png 1024w, https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2024\u002F12\u002Fimage-167-300x158.png 300w, https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2024\u002F12\u002Fimage-167-768x404.png 768w, https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2024\u002F12\u002Fimage-167-1536x808.png 1536w, https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2024\u002F12\u002Fimage-167.png 1900w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \u002F>\n\u003Cp>\u003Cstrong>…competitive pricing protects consumers from import driven increases\u003C\u002Fstrong>\u003Cbr>\u003Cstrong>By Udeme Akpan\u003C\u002Fstrong>\u003Cbr>Dangote Petroleum Refinery &amp; Petrochemicals continues to shield the Nigerian market from external price shocks, maintaining stable domestic fuel prices within a commercially acceptable range despite rising international gasoline prices, higher freight rates and tightening global supply conditions that are increasing costs for fuel importers across West Africa, according to the latest market intelligence from S&amp;P Global Commodity Insights.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>According to the latest market intelligence published by S&amp;P Global Commodity Insights, importers supplying the Nigerian market are becoming increasingly concerned over the sharp rise in international gasoline prices, with traders attributing the pressure to higher global product values and rising shipping costs.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>Significantly, market participants told S&amp;P that gasoline prices in Nigeria are effectively being &#8220;capped by Dangote prices&#8221;, limiting the ability of importers to pass on higher international costs to the domestic market.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>One trader noted that while Ghanaian specification gasoline currently commands higher premiums, Nigerian specification cargoes remain constrained because the Dangote Refinery has kept its coastal sales prices unchanged despite mounting international price pressures.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>&#8220;Lomé values have risen above Dangote sales prices, which has shut the arbitrage,&#8221; a trader was quoted as saying, highlighting that importing fuel into Nigeria has become increasingly uneconomic under prevailing market conditions.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>The development comes against the backdrop of a sharp increase in global freight rates. According to S&amp;P Global, the cost of transporting clean petroleum products from Northwest Europe to West Africa has risen from US$29.70 per metric tonne at the end of June to US$37.12 per metric tonne, as vessels reposition to serve alternative markets.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>At the same time, diesel markets have tightened following reduced supplies of Russian Black Sea cargoes, pushing up prices for high sulphur gasoil across West Africa and further increasing import costs.\u003Cbr>Despite these global pressures, Dangote Petroleum Refinery has continued its policy of gradual price moderation.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>Since the end of May, the refinery has reduced the ex-depot price of Premium Motor Spirit (PMS) by more than N200 per litre, Automotive Gas Oil (AGO) by N300 per litre, and Jet A1 aviation fuel by N520 per litre, even while processing crude oil purchased when international prices were substantially higher than current levels.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>The refinery has consistently maintained that petroleum product pricing is driven by actual crude procurement costs rather than daily movements in international Brent prices, noting that crude oil is acquired weeks or months before refining under commercial contracts linked to monthly average pricing mechanisms.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>Industry analysts say the latest market developments further validate the strategic importance of domestic refining capacity in insulating Nigeria from external supply shocks.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>With international product prices rising, freight costs increasing and regional trading hubs such as Lomé recording gasoline prices above those offered by Dangote Refinery, Nigeria&#8217;s dependence on imported fuel would likely have translated into significantly higher domestic pump prices had the refinery not been operating at scale.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>The latest S&amp;P assessment also reinforces Dangote Refinery&#8217;s growing influence on petroleum pricing in West Africa. Market participants increasingly view the refinery&#8217;s pricing as the regional benchmark, with importers finding it difficult to compete whenever international replacement costs exceed domestic refinery prices.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>Analysts say the development illustrates one of the key objectives behind the establishment of the 700,000-barrel-per-day refinery: shielding Nigeria from global market disruptions, eliminating dependence on imports, conserving foreign exchange and providing greater price stability for consumers and businesses.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>As geopolitical tensions, tighter product supplies and higher shipping costs continue to reshape global fuel markets, the Dangote Petroleum Refinery is increasingly emerging not only as Nigeria&#8217;s primary source of refined petroleum products but also as a stabilising force for energy markets across West Africa.\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.vanguardngr.com\u002F2026\u002F07\u002Fdangote-refinery-shields-nigerians-from-global-fuel-price-shock-sp-2\u002F\">Dangote Refinery shields Nigerians from global fuel price shock &#8211; S&amp;P\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.vanguardngr.com\">Vanguard News\u003C\u002Fa>.\u003C\u002Fp>\n","dangote-refinery-shields-nigerians-from-global-fuel-price-shock-sandp",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[67,68,1640,1618,1619,65,66,1620],"shields","https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2024\u002F12\u002Fimage-167-1024x539.png",{"id":1643,"createdAt":1644,"updatedAt":1645,"name":1646,"image":1647,"slug":1648},"ba5aa7e2-df4c-43a8-ac43-57e16ebb83a0","2026-03-25T11:54:25.227Z","2026-05-14T10:06:39.000Z","Vanguard Nigeria","https:\u002F\u002Fapi.oneclickafrica.com\u002Fmedia\u002Ffeed\u002F5e53f632-5a90-44f5-83e1-eac7059f14f0.webp","vanguard-nigeria","https:\u002F\u002Fwww.vanguardngr.com\u002F2026\u002F07\u002Fdangote-refinery-shields-nigerians-from-global-fuel-price-shock-sp-2\u002F",{"id":1651,"createdAt":1652,"updatedAt":1653,"title":1654,"excerpt":1655,"content":1656,"slug":1657,"topic":1658,"tags":1659,"image":1669,"author":76,"feed":1670,"views":1677,"type":85,"readTime":86,"externalSourceUrl":1678},"045b2a13-ecf4-42d8-bd9e-3e74b07280a9","2026-07-16T06:45:00.395Z","2026-07-16T15:09:01.000Z","PETROAN demands FG’s action over fuel-for-dollar, wants nation’s refineries activated","The Federal Government has been urged to resume commercial activities at the nation’s public refineries to calm down nerves over\nread more PETROAN demands FG’s action over fuel-for-dollar, wants nation’s refineries activated","\u003Cimg src=\"https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2025\u002F05\u002FPETROAN-a1.png\" alt=\"PETROAN a1\" srcset=\"https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2025\u002F05\u002FPETROAN-a1-300x171.png 300w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2025\u002F05\u002FPETROAN-a1-284x162.png 284w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2025\u002F05\u002FPETROAN-a1-254x145.png 254w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2025\u002F05\u002FPETROAN-a1-210x120.png 210w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2025\u002F05\u002FPETROAN-a1-100x57.png 100w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2025\u002F05\u002FPETROAN-a1-285x163.png 285w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2025\u002F05\u002FPETROAN-a1.png 700w\" loading=\"lazy\" sizes=\"(max-width: 700px) 100vw, 700px\" class=\" pl\" \u002F>\u003Cp>The Federal Government has been urged to resume commercial activities at the nation’s public refineries to calm down nerves over\u003C\u002Fp>\n\u003Cp>read more \u003Ca href=\"https:\u002F\u002Fbusinessday.ng\u002Fnews\u002Farticle\u002Fpetroan-demands-fgs-action-over-fuel-for-dollar-wants-nations-refineries-activated\u002F\">PETROAN demands FG&#8217;s action over fuel-for-dollar, wants nation&#8217;s refineries activated\u003C\u002Fa>\u003C\u002Fp>\n","petroan-demands-fgs-action-over-fuel-for-dollar-wants-nations-refineries-activated",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[1660,1661,1662,1663,1664,1665,1666,1667,1668],"petroan","demands","fgs","action","fuelfordollar","wants","nations","refineries","activated","https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2025\u002F05\u002FPETROAN-a1.png",{"id":1671,"createdAt":1672,"updatedAt":1673,"name":1674,"image":1675,"slug":1676},"14e4aefc-8e81-4eac-8d69-034e04098722","2026-03-25T11:41:56.050Z","2026-04-20T08:54:29.000Z","Business Day","https:\u002F\u002Fapi.oneclickafrica.com\u002Fmedia\u002Ffeed\u002Ffffe58c1-8591-49cc-bc28-4598d4e8bde1.jpg","business-day",3,"https:\u002F\u002Fbusinessday.ng\u002Fnews\u002Farticle\u002Fpetroan-demands-fgs-action-over-fuel-for-dollar-wants-nations-refineries-activated\u002F",{"status_code":4,"message":76,"data":1680,"meta":1806},[1681,1771],{"topic":1682,"posts":1683},{"id":1469,"createdAt":1470,"updatedAt":1470,"name":1471,"slug":1472},[1684,1707,1725,1753],{"id":1685,"createdAt":1686,"updatedAt":1687,"title":1688,"excerpt":1689,"content":1690,"slug":1691,"topic":1692,"tags":1693,"image":1703,"author":76,"feed":1704,"views":1705,"type":85,"readTime":86,"externalSourceUrl":1706},"c5c10be4-7cb3-4a63-b676-93a52c70cde9","2026-07-16T14:25:00.173Z","2026-07-16T15:36:36.000Z","Why gas is best bet to lift 140 million Nigerians out of energy poverty","Nigeria’s abundant natural gas is the best solution to lift a decade-old energy challenge for 140 million Nigerians in energy\nread more Why gas is best bet to lift 140 million Nigerians out of energy poverty","\u003Cimg src=\"https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-scaled-large.jpg\" alt=\"IMG-20260716-WA0022\" srcset=\"https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-scaled-medium.jpg 300w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-scaled-large.jpg 1024w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-768x501.jpg 768w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-1536x1001.jpg 1536w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-2048x1335.jpg 2048w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-1568x1022.jpg 1568w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-621x405.jpg 621w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-253x165.jpg 253w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-254x166.jpg 254w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-206x134.jpg 206w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-100x65.jpg 100w, https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-285x186.jpg 285w\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" class=\" pl\" \u002F>\u003Cp>Nigeria’s abundant natural gas is the best solution to lift a decade-old energy challenge for 140 million Nigerians in energy\u003C\u002Fp>\n\u003Cp>read more \u003Ca href=\"https:\u002F\u002Fbusinessday.ng\u002Fnews\u002Farticle\u002Fwhy-gas-is-best-bet-to-lift-140-million-nigerians-out-of-energy-poverty\u002F\">Why gas is best bet to lift 140 million Nigerians out of energy poverty\u003C\u002Fa>\u003C\u002Fp>\n","why-gas-is-best-bet-to-lift-140-million-nigerians-out-of-energy-poverty",{"id":1469,"createdAt":1470,"updatedAt":1470,"name":1471,"slug":1472},[1694,1695,1696,1697,1698,1699,1700,1618,1701,1702],"why","gas","best","bet","lift","140","million","energy","poverty","https:\u002F\u002Fcdn.businessday.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FIMG-20260716-WA0022-1-scaled-large.jpg",{"id":1671,"createdAt":1672,"updatedAt":1673,"name":1674,"image":1675,"slug":1676},11,"https:\u002F\u002Fbusinessday.ng\u002Fnews\u002Farticle\u002Fwhy-gas-is-best-bet-to-lift-140-million-nigerians-out-of-energy-poverty\u002F",{"id":1708,"createdAt":1709,"updatedAt":1710,"title":1711,"excerpt":1712,"content":1713,"slug":1714,"topic":1715,"tags":1716,"image":1722,"author":76,"feed":1723,"views":1677,"type":85,"readTime":84,"externalSourceUrl":1724},"af2b4160-c66b-40c4-afc4-eea46efc3181","2026-07-15T18:29:00.980Z","2026-07-16T07:10:01.000Z","Dear Bunmi, is it possible to orgasm together?","Dear Bunmi, my boyfriend and I couldn’t keep our hands off each other and we would want to make the most of our compatibility.  Read Also: Dear Bunmi, she has been faking it! He said it is possible for us to orgasm together. But it takes me a long time to get there compared to him.  […]\nThe post Dear Bunmi, is it possible to orgasm together? appeared first on Vanguard News.","\u003Cimg width=\"434\" height=\"358\" src=\"https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2025\u002F03\u002FLovers-Dear-Bunmi.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"No regret for consoling his best friend’s fiancée!\" decoding=\"async\" srcset=\"https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2025\u002F03\u002FLovers-Dear-Bunmi.jpg 434w, https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2025\u002F03\u002FLovers-Dear-Bunmi-300x247.jpg 300w\" sizes=\"(max-width: 434px) 100vw, 434px\" \u002F>\n\u003Cp>Dear Bunmi, my boyfriend and I couldn’t keep our hands off each other and we would want to make the most of our compatibility.  \u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong>Read Also:\u003C\u002Fstrong> \u003Ca href=\"https:\u002F\u002Fwww.vanguardngr.com\u002F2026\u002F07\u002Fdear-bunmi-she-has-been-faking-it\u002F\" type=\"post\" id=\"2912919\">Dear Bunmi, she has been faking it!\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Cp>He said it is possible for us to orgasm together. But it takes me a long time to get there compared to him.  \u003C\u002Fp>\n\n\n\n\u003Cp>Dear Bunmi, do you have any tips to enhance our coming together?  \u003C\u002Fp>\n\n\n\n\u003Cp>Thanks!\u003C\u002Fp>\n\n\n\n\u003Cp>Susie, by e-mail.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cem>\u003Cstrong>Dear Susie, \u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cem>\u003Cstrong>The questions some of you ask could be quite adventurous ones!  \u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cem>\u003Cstrong>To help you here, I had to ask an expert who told me you’ve got two options here.  \u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cem>\u003Cstrong>Your man can slow down by stopping thrusting as he gets near climax, withdrawing and holding just under the tip of his organ for a moment until the feeling subsides.\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cem>\u003Cstrong>Or you can speed things up for yourself with lots of foreplay.  \u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cem>\u003Cstrong>It is a fact that kissing is good for you. A kiss releases stress-relieving hormones, while the extra saliva generated helps prevent tooth decay.\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cem>\u003Cstrong>A minute-long tongue-twister burns 26 calories as well.  So kiss away so you can relax!  \u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cem>\u003Cstrong>Being tense is bound to prevent your getting your much-desired orgasm as early as you wish.\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Ca href=\"http:\u002F\u002Fvanguardngr.com\">Vanguard News \u003C\u002Fa>\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.vanguardngr.com\u002F2026\u002F07\u002Fdear-bunmi-is-it-possible-to-orgasm-together\u002F\">Dear Bunmi, is it possible to orgasm together?\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.vanguardngr.com\">Vanguard News\u003C\u002Fa>.\u003C\u002Fp>\n","dear-bunmi-is-it-possible-to-orgasm-together",{"id":1469,"createdAt":1470,"updatedAt":1470,"name":1471,"slug":1472},[1717,1718,1719,1720,1721],"dear","bunmi","possible","orgasm","together","https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2025\u002F03\u002FLovers-Dear-Bunmi.jpg",{"id":1643,"createdAt":1644,"updatedAt":1645,"name":1646,"image":1647,"slug":1648},"https:\u002F\u002Fwww.vanguardngr.com\u002F2026\u002F07\u002Fdear-bunmi-is-it-possible-to-orgasm-together\u002F",{"id":1726,"createdAt":1727,"updatedAt":1728,"title":1729,"excerpt":1730,"content":1731,"slug":1732,"topic":1733,"tags":1734,"image":1743,"author":76,"feed":1744,"views":1677,"type":85,"readTime":1751,"externalSourceUrl":1752},"0f95993d-bd01-4a2d-9225-729e5dea503a","2026-07-15T07:39:00.952Z","2026-07-15T20:28:46.000Z","FG Inaugurates Decarbonisation Working Group, Recommits to Ending Gas Flaring by 2030","*Ekpo reiterates Nigeria’s plan to deploy gas as transition fuel *NCCC: Methane emissions reduction now economic imperative Emmanuel Addeh in Abuja The federal government on Tuesday inaugurated the Joint Decarbonisation","\u003Cdiv style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" >\u003C\u002Fdiv>\n\u003Cp>\u003Cstrong>\u003Cem>*Ekpo reiterates Nigeria&#8217;s plan to deploy gas as transition fuel\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong>\u003Cem>*NCCC: Methane emissions reduction now economic imperative\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>Emmanuel Addeh in Abuja\u003C\u002Fp>\n\n\n\n\u003Cp>The federal government on Tuesday inaugurated the Joint Decarbonisation Working Group (JDWG) for Nigeria&#8217;s oil and gas sector, reaffirming its commitment to end routine gas flaring by 2030 while positioning natural gas as the country&#8217;s transition fuel in pursuit of industrial growth and lower carbon emissions.\u003C\u002Fp>\n\n\n\n\u003Cp>Speaking at the inauguration in Abuja, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said the working group would provide a coordinated platform for government institutions, regulators, industry operators and development partners to drive decarbonisation initiatives across the petroleum industry without undermining Nigeria&#8217;s economic development aspirations.\u003C\u002Fp>\n\n\n\n\u003Cp>Ekpo stressed that the inauguration marked &#8220;far more than a launch&#8221; of another committee, describing it as a landmark initiative designed to strengthen institutional collaboration and ensure that Nigeria&#8217;s industrial sector remains globally competitive while pursuing sustainability goals.\u003C\u002Fp>\n\n\n\n\u003Cp>&#8220;Nigeria is blessed with significant volumes of natural gas resources. Natural gas remains Nigeria&#8217;s transition fuel and our objective under the Renewed Hope Agenda is clear. We have committed ourselves to transforming this abundant resource into industrial growth, expanding energy access, employment opportunities, cleaner cooking solutions, increased domestic utilisation and greater prosperity for our people,&#8221; he said.\u003C\u002Fp>\n\n\n\n\u003Cp>According to the minister, decarbonisation has evolved beyond an environmental obligation into an economic necessity as investors increasingly consider carbon performance in making investment decisions.\u003C\u002Fp>\n\n\n\n\u003Cp>&#8220;Today, decarbonisation has become far more than an environmental obligation. It is now an economic imperative, an investment imperative and a competitiveness imperative. If we are to remain a preferred destination for responsible energy investment, we must continue building institutions, policies and regulatory systems that inspire confidence while preserving our sovereign rights to utilise our natural resources for national growth,&#8221; Ekpo stated.\u003C\u002Fp>\n\n\n\n\u003Cp>He reaffirmed Nigeria&#8217;s support for global efforts to reduce methane emissions from fossil fuel operations, maintaining that climate ambition must progress alongside economic development. Ekpo insisted that no developing nation should be compelled to choose between poverty reduction and environmental protection.\u003C\u002Fp>\n\n\n\n\u003Cp>&#8220;Our objective is clear. Climate ambition must go hand in hand with development ambition. No country should be forced to choose between lifting its people out of poverty and protecting the environment. Nigeria will continue to pursue both,&#8221; he added.\u003C\u002Fp>\n\n\n\n\u003Cp>The minister explained that the newly inaugurated working group would strengthen policy coordination, improve measurement, monitoring, reporting and verification systems, support implementation of existing regulations, facilitate technology deployment and improve access to climate finance and carbon markets.\u003C\u002Fp>\n\n\n\n\u003Cp>Addressing members of the working group, Ekpo said they had been entrusted with responsibilities that extend beyond holding meetings or preparing reports.\u003C\u002Fp>\n\n\n\n\u003Cp>Also speaking, the Director General of the National Council on Climate Change (NCCC), Dr. Tenioye Majekodunmi, described methane emissions reduction as one of the fastest and most cost-effective measures available to improve Nigeria&#8217;s environmental performance while strengthening the competitiveness of its oil and gas industry.\u003C\u002Fp>\n\n\n\n\u003Cp>According to her, global markets are increasingly rewarding cleaner production methods, making decarbonisation essential for Nigeria&#8217;s long-term economic relevance.\u003C\u002Fp>\n\n\n\n\u003Cp>&#8220;The global energy transition is no longer a distant aspiration. It is today&#8217;s economic reality. Around the world, investment decisions are increasingly being shaped by carbon performance. Decarbonisation is therefore not merely an environmental obligation, it is an economic imperative,&#8221; she said.\u003C\u002Fp>\n\n\n\n\u003Cp>Majekodunmi reiterated that Nigeria&#8217;s pathway to achieving net-zero emissions by 2060 is anchored on a pragmatic and just transition that balances climate commitments with industrialisation, job creation and energy security.\u003C\u002Fp>\n\n\n\n\u003Cp>She said the country&#8217;s strategy rests on the Decade of Gas initiative, which positions natural gas as the transition fuel, alongside aggressive reduction of methane and other short-lived climate pollutants.\u003C\u002Fp>\n\n\n\n\u003Cp>&#8220;Through initiatives such as the Nigeria Gas Flare Commercialisation Programme, Nigeria remains committed to ending routine gas flaring by 2030. Continued gas flaring is, quite simply, like setting fire to a bank vault full of money.\u003C\u002Fp>\n\n\n\n\u003Cp>&#8220;Capturing flare gas transforms environmental waste into economic value. It creates jobs, improves public health, strengthens energy security and unlocks new investment opportunities,&#8221; she stated.\u003C\u002Fp>\n\n\n\n\u003Cp>Majekodunmi disclosed that the Joint Decarbonisation Working Group would strengthen emissions measurement and transparency through advanced leak detection systems, satellite monitoring and robust measurement, reporting and verification mechanisms, while also helping to unlock climate finance and carbon market investments.\u003C\u002Fp>\n\n\n\n\u003Cp>Chairman of the House Committee on Climate Change and Security, Kama Nkemkanma, described decarbonisation as an opportunity to modernise Nigeria&#8217;s oil and gas industry rather than a threat to its future.\u003C\u002Fp>\n\n\n\n\u003Cp>He argued that the country&#8217;s financial capacity, technical expertise and established supply chain position it to accelerate investments in gas development, renewable energy integration, carbon capture, energy efficiency and other low-carbon technologies while maintaining energy security.\u003C\u002Fp>\n\n\n\n\u003Cp>Also speaking, Permanent Secretary of the Ministry of Petroleum Resources, Patience Oyekunle, represented by Director of Planning, Research and Statistics, Kemi Yusuf, said the establishment of the working group demonstrated the ministry&#8217;s commitment to stronger institutional collaboration and responsible petroleum resource development.\u003C\u002Fp>\n\n\n\n\u003Cp>She noted that the platform would coordinate decarbonisation initiatives across the petroleum value chain, strengthen investor confidence, accelerate sustainable investments and ensure Nigeria continues to harness its hydrocarbon resources responsibly while advancing global climate action.\u003C\u002Fp>\n","fg-inaugurates-decarbonisation-working-group-recommits-to-ending-gas-flaring-by-2030",{"id":1469,"createdAt":1470,"updatedAt":1470,"name":1471,"slug":1472},[1735,1736,1737,1738,1739,1740,1695,1741,1742],"inaugurates","decarbonisation","working","group","recommits","ending","flaring","2030","https:\u002F\u002Fglobal.ariseplay.com\u002Famg\u002Fwww.thisdaylive.com\u002Fuploads\u002FEkperikpe-Ekpo.jpeg",{"id":1745,"createdAt":1746,"updatedAt":1747,"name":1748,"image":1749,"slug":1750},"676b27a5-8a43-458d-91ba-45c07367106b","2026-03-26T09:35:16.600Z","2026-04-20T09:31:29.000Z","This Day","https:\u002F\u002Fapi.oneclickafrica.com\u002Fmedia\u002Ffeed\u002F9fa91fe1-7788-42ef-8d40-5d5ef6e5261e.png","this-day",5,"https:\u002F\u002Fwww.thisdaylive.com\u002F2026\u002F07\u002F15\u002Ffg-inaugurates-decarbonisation-working-group-recommits-to-ending-gas-flaring-by-2030\u002F",{"id":1754,"createdAt":1755,"updatedAt":1756,"title":1757,"excerpt":1758,"content":1759,"slug":1760,"topic":1761,"tags":1762,"image":1768,"author":76,"feed":1769,"views":1605,"type":85,"readTime":1677,"externalSourceUrl":1770},"0984d4cf-b29c-4477-a135-2e99d9ac7c08","2026-07-15T06:35:00.745Z","2026-07-15T20:21:46.000Z","POWER FAILURE: Nigeria loses 3,100 GWh to gas flaring","•NUPRC, NOSDRA disagree on volume By Ediri Ejoh There are indications that the Federal Government’s ambition to transform Nigeria into a gas-driven economy by 2030 is facing significant challenges, as the country lost an estimated 3,100 gigawatt-hours (GWh) of electricity generation potential to persistent gas flaring by oil companies in May 2026. This came as figures […]\nThe post POWER FAILURE: Nigeria loses 3,100 GWh to gas flaring appeared first on Vanguard News.","\u003Cimg width=\"800\" height=\"600\" src=\"https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2019\u002F12\u002Fgas-flaring.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"gas flaring\" decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2019\u002F12\u002Fgas-flaring.jpg 800w, https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2019\u002F12\u002Fgas-flaring-300x225.jpg 300w, https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2019\u002F12\u002Fgas-flaring-768x576.jpg 768w, https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2019\u002F12\u002Fgas-flaring-58x44.jpg 58w, https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2019\u002F12\u002Fgas-flaring-260x194.jpg 260w, https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2019\u002F12\u002Fgas-flaring-173x130.jpg 173w, https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2019\u002F12\u002Fgas-flaring-560x420.jpg 560w\" sizes=\"(max-width: 800px) 100vw, 800px\" \u002F>\n\u003Cp>•NUPRC, NOSDRA disagree on volume\u003C\u002Fp>\n\n\n\n\n\n\n\n\u003Cp>By Ediri Ejoh\u003C\u002Fp>\n\n\n\n\u003Cp>There are indications that the Federal Government&#8217;s ambition to transform Nigeria into a gas-driven economy by 2030 is facing significant challenges, as the country lost an estimated 3,100 gigawatt-hours (GWh) of electricity generation potential to persistent gas flaring by oil companies in May 2026.\u003C\u002Fp>\n\n\n\n\n\n\n\n\u003Cp>This came as figures released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) differed from those of the National Oil Spill Detection and Response Agency (NOSDRA) on the volume of gas flared during the period.\u003C\u002Fp>\n\n\n\n\n\n\n\n\u003Cp>While the NUPRC recorded 17.6 million standard cubic feet (MMSCF) of gas flared in May 2026, NOSDRA put the figure at 30.7 million standard cubic feet (MSCF).\u003C\u002Fp>\n\n\n\n\u003Cp>Data obtained from NOSDRA&#8217;s latest report showed that the monetary value of the gas flared during the period stood at $107.5 million.\u003C\u002Fp>\n\n\n\n\n\n\n\n\u003Cp>According to the agency, the defaulting companies, including International Oil Companies (IOCs), are liable to penalties amounting to $61.4 million.\u003C\u002Fp>\n\n\n\n\n\n\n\n\u003Cp>Providing a breakdown of flaring across oilfields, NOSDRA disclosed that gas flaring by companies operating onshore rose by 62.3 per cent to 22.3 MSCF, compared to 8.4 MSCF flared offshore.\u003C\u002Fp>\n\n\n\n\n\n\n\n\u003Cp>The agency further stated that the volume of gas flared during the review period translated into carbon dioxide emissions estimated at 1.6 million tonnes.\u003C\u002Fp>\n\n\n\n\u003Cp>NOSDRA lamented that despite efforts to curb the practice, gas flaring has persisted in Nigeria since the 1950s, releasing carbon dioxide and other harmful gases into the atmosphere.\u003C\u002Fp>\n\n\n\n\n\n\n\n\u003Cp>The Federal Government has repeatedly stated its commitment to the &#8220;Decade of Gas&#8221; initiative.\u003C\u002Fp>\n\n\n\n\n\n\n\n\u003Cp>Under the initiative, launched in 2021, Nigeria aims to become a gas-powered economy by 2030 through improved power supply, industrial utilisation and increased gas exports.\u003C\u002Fp>\n\n\n\n\u003Cp>A government report obtained by Vanguard stated that &#8220;increasing gas utilisation for power generation and incentivising investments in the gas value chain&#8221; remain top priorities.\u003C\u002Fp>\n\n\n\n\n\n\n\n\u003Cp>Vanguard gathered that gas flaring has remained persistently high despite increased investments in the gas sector, suggesting that inflows into the industry have not translated into proportional improvements in gas production and utilisation.\u003C\u002Fp>\n\n\n\n\u003Cp>Checks by Vanguard also indicated that Nigeria&#8217;s inability to consistently generate more than 4,000 megawatts (MW) of electricity for households and businesses is partly linked to inadequate gas supply to Electricity Generation Companies (GenCos).\u003C\u002Fp>\n\n\n\n\n\n\n\n\u003Cp>Meanwhile, the Renevlyn Development Initiative, RDI, has urged the Federal Government to impose an outright ban on gas flaring, arguing that oil companies operating in the Niger Delta are more comfortable paying penalties than ending the practice.““RDI’s position followed recent data from the Nigerian Oil Spill Monitor covering March 2012 to 2025, which showed that oil companies operating in Nigeria paid an estimated $646 million in gas flaring penalties in 2025, the highest in the last five years.\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.vanguardngr.com\u002F2026\u002F07\u002Fpower-failure-nigeria-loses-3100-gwh-to-gas-flaring\u002F\">POWER FAILURE: Nigeria loses 3,100 GWh to gas flaring\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.vanguardngr.com\">Vanguard News\u003C\u002Fa>.\u003C\u002Fp>\n","power-failure-nigeria-loses-3100-gwh-to-gas-flaring",{"id":1469,"createdAt":1470,"updatedAt":1470,"name":1471,"slug":1472},[1763,1764,259,1765,1766,1767,1695,1741],"power","failure","loses","3100","gwh","https:\u002F\u002Fcdn.vanguardngr.com\u002Fwp-content\u002Fuploads\u002F2019\u002F12\u002Fgas-flaring.jpg",{"id":1643,"createdAt":1644,"updatedAt":1645,"name":1646,"image":1647,"slug":1648},"https:\u002F\u002Fwww.vanguardngr.com\u002F2026\u002F07\u002Fpower-failure-nigeria-loses-3100-gwh-to-gas-flaring\u002F",{"topic":1772,"posts":1773},{"id":1460,"createdAt":1461,"updatedAt":1462,"name":1463,"slug":1464},[1774,1778,1782,1786],{"id":1685,"createdAt":1686,"updatedAt":1687,"title":1688,"excerpt":1689,"content":1690,"slug":1691,"topic":1775,"tags":1776,"image":1703,"author":76,"feed":1777,"views":1705,"type":85,"readTime":86,"externalSourceUrl":1706},{"id":1469,"createdAt":1470,"updatedAt":1470,"name":1471,"slug":1472},[1694,1695,1696,1697,1698,1699,1700,1618,1701,1702],{"id":1671,"createdAt":1672,"updatedAt":1673,"name":1674,"image":1675,"slug":1676},{"id":52,"createdAt":53,"updatedAt":54,"title":55,"excerpt":56,"content":57,"slug":58,"topic":1779,"tags":1780,"image":75,"author":76,"feed":1781,"views":84,"type":85,"readTime":86,"externalSourceUrl":87},{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[65,66,67,68,69,70,71,72,73,74],{"id":78,"createdAt":79,"updatedAt":80,"name":81,"image":82,"slug":83},{"id":1651,"createdAt":1652,"updatedAt":1653,"title":1654,"excerpt":1655,"content":1656,"slug":1657,"topic":1783,"tags":1784,"image":1669,"author":76,"feed":1785,"views":1677,"type":85,"readTime":86,"externalSourceUrl":1678},{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[1660,1661,1662,1663,1664,1665,1666,1667,1668],{"id":1671,"createdAt":1672,"updatedAt":1673,"name":1674,"image":1675,"slug":1676},{"id":1787,"createdAt":1788,"updatedAt":1789,"title":1790,"excerpt":1791,"content":1792,"slug":1793,"topic":1794,"tags":1795,"image":1803,"author":76,"feed":1804,"views":1677,"type":85,"readTime":1605,"externalSourceUrl":1805},"2e36554d-23ef-4d6f-89b8-fc5a964a3cf2","2026-07-16T03:25:00.738Z","2026-07-16T11:49:00.000Z","Petrol Retailers Seek Quick Revamp of FG-owned Refineries to Enhance Competition","• Urge government to guarantee adequate crude supply to all refiners  •Say Dangote’s pricing of products in dollars highlight single supplier risks Emmanuel Addeh in Abuja The Petroleum Products Retail","\u003Cdiv style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" >\u003C\u002Fdiv>\n\u003Cp>\u003Cstrong>\u003Cem>• Urge government to guarantee adequate crude supply to all refiners&nbsp;\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong>\u003Cem>•Say Dangote’s pricing of products in dollars highlight single supplier risks\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>Emmanuel Addeh in Abuja\u003Cbr>\u003Cbr>\u003C\u002Fp>\n\n\n\n\u003Cp>The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) yesterday called on the federal government to immediately restore the country’s state-owned refineries to full commercial operation, arguing that a competitive refining landscape is critical to ensuring price stability, strengthening energy security and reducing pressure on the naira.\u003C\u002Fp>\n\n\n\n\u003Cp>The association also urged the government to guarantee adequate crude oil supply to all domestic refiners, saying Nigeria’s downstream petroleum market should not depend on the fortunes or pricing decisions of a single refinery.\u003C\u002Fp>\n\n\n\n\u003Cp>In a statement yesterday, PETROAN President, Dr. Billy Gillis-Harry, said while the association supports the deregulation of the downstream sector and respects the commercial decisions of all licensed refinery operators, including the Dangote Petroleum Refinery, the structure of the market requires urgent attention.\u003C\u002Fp>\n\n\n\n\u003Cp>According to him, the recent decision by the Dangote refinery to price petroleum products in United States dollars highlighted the risks associated with having a market dominated by a single supplier.\u003C\u002Fp>\n\n\n\n\u003Cp>He argued that marketers earn revenue in naira and would be exposed to exchange rate volatility if forced to source foreign exchange to purchase products, with the attendant impact on pump prices.\u003C\u002Fp>\n\n\n\n\u003Cp>Gillis-Harry maintained that although pricing in dollars was a legitimate commercial decision, Nigeria required a diversified supply base to shield consumers and the economy from currency shocks and supply disruptions.\u003C\u002Fp>\n\n\n\n\u003Cp>Drawing comparisons with countries such as Mexico and Indonesia, he noted that both nations introduced reforms to reduce dependence on dominant refining entities and encourage competition, adding that the common lesson from global experience is that markets built around a single supplier remain vulnerable to instability.\u003C\u002Fp>\n\n\n\n\u003Cp>“The recent move by Dangote Petroleum Refinery to price its products in United States dollars was, on its face, a commercial choice within a company’s rights. But it has done something more consequential than adjusting an invoice. It has exposed, with unusual clarity, what happens when a domestic market’s price mechanism becomes dependent on a single actor’s exchange-rate calculus,” the organisation argued.\u003C\u002Fp>\n\n\n\n\u003Cp>Gillis-Harry stressed that refining capacity alone does not guarantee competition, insisting that multiple refiners operating within the same market provide the checks and balances necessary for efficient price discovery and consumer protection.\u003C\u002Fp>\n\n\n\n\u003Cp>The PETROAN president therefore called for the temporary resumption of operations at the Port Harcourt, Warri and Kaduna refineries pending the conclusion of discussions on their long-term rehabilitation, describing the move as a practical bridge towards a more competitive refining industry rather than a substitute for broader reforms.\u003C\u002Fp>\n\n\n\n\u003Cp>According to him, even partial production from the government-owned refineries would improve supply, moderate pricing behaviour and strengthen Nigeria’s energy security by reducing reliance on a single refining source.\u003C\u002Fp>\n\n\n\n\u003Cp>PETROAN listed the benefits of restarting the facilities to include creating a price-check mechanism, promoting genuine competition among refiners, reducing demand for foreign exchange through increased local refining, strengthening national energy security by diversifying supply sources and restoring investor confidence in Nigeria’s downstream petroleum sector.\u003C\u002Fp>\n\n\n\n\u003Cp>“PETROAN’s position rests on a principle familiar to anyone who has studied market concentration in essential goods: capacity is not the same as competition. Saudi Arabia’s Aramco is, by any measure, one of the most efficient refining operations in the world, and yet the Kingdom has continued investing in diversified downstream capacity domestically and through joint ventures abroad, precisely because efficiency at scale does not substitute for the disciplining effect of multiple suppliers competing for the same customer. Scale solves for cost. It does not solve for the leverage a single supplier holds over price.\u003C\u002Fp>\n\n\n\n\u003Cp>“This is the case PETROAN is making for the Port Harcourt, Warri, and Kaduna Refineries. These facilities were operational before their shutdown in May 2025, and PETROAN’s request is comparatively modest, not full rehabilitation overnight, but a temporary resumption of production while discussions with prospective Chinese technical partners proceed. It is a bridge, not a substitute for reform,” the group maintained.\u003C\u002Fp>\n\n\n\n\u003Cp>The association further urged the federal government to sustain policies that encourage investment across the refining value chain, including modular refineries, while ensuring that all domestic refiners have equitable access to crude oil feedstock.\u003C\u002Fp>\n\n\n\n\u003Cp>It argued that Nigeria’s long-term energy security would depend on building a resilient refining industry driven by multiple public and private operators rather than concentrating supply in one facility.\u003C\u002Fp>\n\n\n\n\u003Cp>PETROAN reaffirmed its support for ongoing downstream reforms but maintained that restoring the country’s existing refineries to operation remains the quickest and most practical step towards achieving a competitive, resilient and affordable petroleum products market.\u003C\u002Fp>\n","petrol-retailers-seek-quick-revamp-of-fg-owned-refineries-to-enhance-competition",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[72,1796,1797,1798,1799,1800,1667,1801,1802],"retailers","seek","quick","revamp","fgowned","enhance","competition","https:\u002F\u002Fglobal.ariseplay.com\u002Famg\u002Fwww.thisdaylive.com\u002Fuploads\u002FPETROAN.jpeg",{"id":1745,"createdAt":1746,"updatedAt":1747,"name":1748,"image":1749,"slug":1750},"https:\u002F\u002Fwww.thisdaylive.com\u002F2026\u002F07\u002F16\u002Fpetrol-retailers-seek-quick-revamp-of-fg-owned-refineries-to-enhance-competition\u002F",{"total":84,"limit":1807,"page":86,"total_pages":86,"has_next":1808,"has_previous":1808},7,false,{"status_code":4,"message":76,"data":1810},[1811,1812,1813,1814,1815,1816,1817,1818,1819,1820,1821,1822,1823,1824,1825,1826,1827,1828,1829,1830],"FAAN moves to replace physical ID check with V-pass biometric verification","England had Lionel Messi under control … until one 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