Nigeria’s Alternative Fuel Shift in the Face of Real-World Challenges
The tax’s impact on reducing fossil fuel consumption and adopting alternatives like CNG may be limited without broader systemic and infrastructural support.
A New Perspective
The tax’s impact on reducing fossil fuel consumption and adopting alternatives like CNG may be limited without broader systemic and infrastructural support.
There is a broad opposition against the 5% incoming tax that highlights significant concerns regarding the tax’s timing, potential impact on citizens and businesses.
Petrol is everywhere. Every town and city has stations, so drivers don’t have to go out of their way to refuel.
Simply put, CNG is limited.
This information is based on news reports covering the official launch and company statements from August 6, 2025.
The appointment of a receiver to KEPCO and Egbin Power illustrates that banks are no longer confident in these companies’ ability to repay debts.
The economic recovery is impossible in an unsafe environment. Businesses are pulling back investments, and entrepreneurs cannot operate in regions under threat. The result is a surge in unemployment and deepening poverty, particularly among our youth. While inflation and housing shortages also demand urgent attention, they cannot be resolved in isolation from the country’s deteriorating security climate.
The research underscores that scaling back USAID funding risks millions of preventable deaths and threatens to reverse hard-won progress in global health and socio-economic development, making it a critical issue for policymakers worldwide.
The six Area Councils in the FCT are failing to implement the agreed N70,000 minimum wage for primary school teachers.
This is triggering a mass protest in the state, and teachers are joining the upcoming movement.
If convicted, Adiakpan could face up to 25 years in prison and fines up to $750,000.
The case is being investigated by the FBI and IRS and prosecuted by U.S. Attorneys.
The SEC is standing up against Ponzi schemes in Nigeria. It is reaching out to the unaware in marketplaces, distributing fliers and instructing investors to look carefully before a leap.
Several Ponzi Schemes have succeeded in Nigeria in recent years, and these warnings are coming later than expected. The latest of those is CBEX. The EFCC is still out to find those involved.