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The Business NG - April 30, 2025

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In this issue

Editorial Focus – April 30, 2025 | BusinessNG

Today’s editorial spotlights a deepening crisis in Nigeria’s midstream petroleum sector, where over 80% of fuel depots and tank farms have shut down or remain inactive. Investigations reveal that only 24 out of 105 registered depots are operational, with facilities like Bovas, Aiteo, and Ardova among the few still trading. The downturn follows the May 2023 fuel subsidy removal and Dangote Refinery’s growing market dominance, which have sharply reduced fuel imports and upended the traditional storage-distribution chain. This edition examines the implications of this disruption on energy supply, depot operators, and national logistics.

The Business NG Description:

The BusinessNG, a leading business news publication across Nigeria and WestAfrica With a strong team of 30 staff members and a weekly print circulation of over 10,000 copies, we are poised for growth and report all political relating to business news at all level

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