Some motorists in the Federal Capital Territory (FCT) have expressed relief and happiness over the slight reduction in the pump price of Premium Motor Spirit (PMS), commonly known as petrol.Speaking to the News Agency of Nigeria (NAN) in Abuja, they acknowledged that even a small reduction in fuel prices can significantly impact their daily expenses, especially for those who rely on their vehicles for work and transportation.NAN reports that the Nigerian National Pe...

Efforts to position Compressed Natural Gas (CNG) as a cost-effective alternative to petrol in Nigeria are facing significant obstacles.Despite the federal government’s directive to sell CNG at a subsidized price of N200 per standard cubic meter—far cheaper than the over N1,000 per litre cost of Premium Motor Spirit (PMS)—the initiative is struggling due to inadequate infrastructure.Currently, Nigeria has only about 50 operational CNG refuelling stations, primarily m...

After several years of controversy about the actual amount the lawmakers in the red and green chamber earn, the lawmaker representing Kano South, Senator Sumaila Kawu, has revealed that he earns over N21m monthly as a total take-home package.In an interview with the BBC Hausa Service, Kawau said the official pay of N1 million fixed by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) drops to around N600,000 after deductions but there are other allo...