Dangote’s new battle is not going to end in a hurry. In the months and years ahead, Nigerians and Africans would have a choice of buying refined petroleum products produced on our soil. In North and West Africa, only Libya and Algeria have functioning refineries. Nigeria, in the past 20 years, has expended enormous resources in trying to revive its four comatose refineries. In the last few years, Aliko Dangote and his team have finally built the Dangote Petroleum Refinery and Petrochemical Complex; the largest industrial project in…
Read MoreTag: Fuel scarcity
Scarcity: Hawkers Sell Petrol Cheaper Than Filling Stations – Investigation
▪️Incredible revelation on Nigeria’s petroconomics that shattered postulations and expectations of real-time economists Nigerians have not seen the last of the current petrol scarcity in the country as some funny developments have continued to emerge by the day. The most amusing one presently, according to a report by thr Lagos-based Vanguard newspaper, is that fuel is now sold cheaper by hawkers when compared to the pump price at filling stations. Quoting an investigation by the newspaper, the report revealed that fuel is sold at #1,000 per litre by hawkers along…
Read MorePetrol Price Hits N1,000/Litre As Scarcity Worsens In Lagos, Abuja
‘Here’s the reason for tightness in fuel supply and distribution witnessed in some parts of Lagos and the FCT;’ NNPCL gives update as black marketers return, smile to the banks The Nigerian National Petroleum Company Limited (NNPCL) has assured Nigerians of its moves to restore normalcy on fuel scarcity in Lagos and Abuja as a litre of the product now sells for N1,000 in Lagos and parts of Ogun State. Platforms Africa reports that the NNPCL, which in a statement, confirmed knowledge of the crisis, gave reason for the…
Read MoreNaira Crisis: Millions of Nigerians Already Dragged Into Mental Illness – Expert
THEY LIVE WITH US: More than 95 per cent of those suffering mental illness are not in the hospitals, US-based Nigerian Psychiatry expert, Dr. Andy Newton, opens up during Platforms Africa’s e-Discourse on the Naira Crisis, petrol scarcity, toxic election campaign, and effects on mental health of Nigerians + all you need to know about mental health What is your assessment of the state of mental health in African, that is those living on the continent? The State of the Mental health in Africa is dire. The idea…
Read MoreNO MONEY, NO FUEL: HOW TO SURVIVE CURRENT SITUATION IN NIGERIA
Postpone all projects for now, cut unnecessary spending, stock your home with food; Seven key things to do now that that you are not sure of the nature of next news It is no more news that we are seeing our worse days in the present regime. We have all tested a bit of what worst feels like, but then, are we ready to give up? NO.. So we have to push through. We now have a situation at hand, but I believe nothing lasts forever, THIS TOO…
Read More