Energy
Wednesday 1 April, 2026 What the war in the Middle East has to do with the bus fare in Lagos If someone at home has called you in the last two weeks to say that transport is expensive, food is more expensive, or money isn’t going as far as it should. This is the...
Energy
The N6.3 trillion debt that turned off Nigeria’s lights The minister said “beyond our control.” The real story is a debt chain, and Nigerians are at the bottom of it. Minister of Power Adebayo Adelabu apologised publicly on March 24 for the...
Energy, Economy
A war Nigeria didn’t start is now inside the price of your next flight. Before the US-Iran conflict, Jet A1 aviation fuel sold for ₦900-₦995 per litre at Nigerian airports. As of March 20, it’s trading at ₦2,500-₦2,700 per litre. More than double in...
Economy, Energy
Nigeria froze import licenses in March. Then the Middle East war arrived. Nigeria is Africa’s largest crude oil producer. Between February 23 and March 16, it also recorded one of the sharpest petrol price increases in the world: nearly 40%. Qatar,...
Energy
Nigeria has more natural gas than it can ever use. That’s why the blackout is so hard to accept. Nigeria’s proven natural gas reserves stand at over 200 trillion cubic feet. It’s one of the largest reserves on the continent. Barth Nnaji, the chairman...
Energy
Petrol hit N1,300 per litre in Abuja. A war you didn’t start is paying for it. Last week, petrol in Abuja was N880 per litre. This week it’s N1,300. Dangote Refinery raised its gantry price to N1,175 per litre and cited crude crossing $110 per barrel....