Nigerian manufacturers are grappling with an intensifying energy-cost crisis as spending on diesel and other alternative energy sources now consumes about half of production costs, threatening profitability, competitiveness and survival amid weak consumer demand. The latest surge in diesel prices to about N2,100 per litre in Lagos and Ogun sta...
•Fuel queues Many filling stations operated by independent oil marketers have now fixed the pump prices of Premium Motor Spirit, popularly called petrol, at between N900 and N1,000/litre. Owners of these stations seem not to care about the cost of the product at retail outlets operated by the Nigerian National Petroleum Company, reports The PU...

