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Nigeria’s Govt cuts petrol price to N97

By InvestAdvocate Lagos (INVESTADVOCATE)-The Goodluck Jonathan led Federal Government has announced a cut in th reduction of pump price of petrol to N97.00 after a meeting with the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC). Below is a full text of an address on the implementation of full […]

2012: Being Competitive amidst Heightening Uncertainty

  While we protest the removal of subsidy on fuel, we fail to recognize a few more attacks on our demand and productive capacities: potential increases in VAT rates from 5% to 10% as well as increases in the import duties on rice and wheat and other essential commodities.   […]

Kenya cuts fuel prices, citing stronger shilling

  Sat Jan 14, 2012 / Reuters Kenya’s energy regulator slashed the prices of petrol, diesel and kerosene on Saturday in east Africa’s biggest economy, citing a stronger shilling that helped make up for erratic international crude oil price movements. The Energy Regulatory Commission cut the price of super petrol […]