20.09.2026

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The Tariff Gamble — Inside Tinubu’s 15% Fuel Import Duty and the War for Nigeria’s Refining Future

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The Federal Government’s approval of a 15% import tariff on petrol and diesel is reshaping Nigeria’s oil market. Beyond the headlines lies a calculated economic gamble to fortify local refining, restore forex stability, and tilt power away from foreign traders...

⚕️ Health Experts Warn: Nigeria’s Medical System Near Collapse as ‘Japa’ Exodus Deepens

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Health experts have warned that Nigeria’s medical system faces near collapse as thousands of doctors and nurses continue to emigrate abroad. Speaking at the Olikoye Ransome-Kuti Memorial Lecture, speakers blamed chronic underfunding, poor pay, and corruption, as resident doctors threaten a nationwide indefinite strike beginning November 1, citing ₦38 billion in unpaid allowances....

⛽ Fuel Prices Set to Break ₦1,000 Mark as Tinubu Approves 15 % Import Tariff

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Petrol could sell above ₦1,000 per litre after President Tinubu approved a 15 percent ad valorem tariff on fuel imports to protect local refiners. While government insists the duty will stabilise supply and boost revenue, marketers warn it could ignite another price surge and deepen hardship for millions already struggling with record inflation....

Farmers Clash With FG Over Food Price Drop, Say Import Waivers Crippling Local Markets

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Nigeria’s farmers have accused the Federal Government of destroying rural markets through indiscriminate import waivers, arguing that the recent fall in food prices masks widespread economic dislocation. The Ministry of Agriculture insists its policies are easing inflation, but producers say they face collapsing incomes, unsold produce, and worsening debt across grain and vegetable belts....

Confidence Abroad, Contraction at Home: The Split Reality of Nigeria’s 2025 Economy

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Nigeria is winning praise abroad but losing traction at home. From FATF reforms that restored global confidence to Dangote’s refinery expansion signaling industrial ambition, the country looks renewed on paper — yet on the ground, manufacturing is stalling, demand is collapsing, and inflation keeps biting. This is Nigeria’s new economic paradox....

Dangote Refinery Expansion to 1.4m bpd — Africa’s Richest Man Targets Global Oil Dominance

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Aliko Dangote has unveiled plans to double the capacity of his Lagos refinery from 650,000 to 1.4 million barrels per day, aiming to rival the world’s largest petroleum facilities. The $5 billion expansion will boost exports, stabilize local fuel supply, and reinforce Nigeria’s position as Africa’s refining hub under the Euro VI emission standard....

Nigeria Exits FATF Grey List as CBN Declares Confidence Restored in Financial System

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Nigeria’s removal from the Financial Action Task Force (FATF) grey list marks a major credibility win for the country’s financial system. The Central Bank says it reflects stronger anti-money laundering reforms, improved compliance, and renewed investor confidence — potentially unlocking billions in foreign capital inflows and lowering compliance risks for banks....

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