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    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

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    Approve N250,000 demand for minimum wage, Labour

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    Dangote Refinery Raises Petrol Ex-Depot Price to N874

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    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

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    Dangote Refinery Raises Petrol Ex-Depot Price to N874

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    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Approve N250,000 demand for minimum wage, Labour

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    President Tinubu to Stop Tax on imported Pharmaceutical Inputs

    FULL LIST: 65 Ambassadors Approved by President Tinubu

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    Tinubu Approves Postings for 63 Ambassadors including Reno, and Ex INEC Chairman

    Union Dicon Salt Plc Announces Urgent Public Notice Seeking Immediate Contact from Majority Shareholder Aims Limited

    Union Dicon Salt Plc Announces Urgent Public Notice Seeking Immediate Contact from Majority Shareholder Aims Limited

    MDCN Suspends Three Doctors Over Alleged Negligence in Death of Chimamanda Adichie’s Son

    MDCN Suspends Three Doctors Over Alleged Negligence in Death of Chimamanda Adichie’s Son

    UK halts Study Visas for 4  Countries citing Asylum Abuse

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    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

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    Approve N250,000 demand for minimum wage, Labour

    Outrage Over Removal of Certificate Forgery as Petition Ground

    Tinubu Renews Prof. Ayo Omotayo’s Appointment as NIPSS Director-General

    Tinubu Renews Prof. Ayo Omotayo’s Appointment as NIPSS Director-General

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    UK halts Study Visas for 4 Countries citing Asylum Abuse

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    Dangote Refinery Raises Petrol Ex-Depot Price to N874

    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Dangote Refinery will supply first product to market by July – Dangote

    Why Made in Nigeria Cement Is Cheaper Abroad – Dangote

    Dangote refinery set to import Crude oil from Brazil

    Dangote Refinery Cuts Petrol Price to ₦699 per Litre

    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

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    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

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    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

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    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

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    Dangote Refinery Raises Petrol Ex-Depot Price to N874

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    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

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    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

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    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

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Pay France for loss of Russian gas – Marine Le Pen

Saturday, 16 April 2022, 1:55 pm
in Business, Industry, News, World
0
Pay France for loss of Russian gas – Marine Le Pen
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France’s presidential candidate, Marine Le Pen has said that US should compensate France for losses if the EU bans Russian energy carriers.

She said this in an interview with BFM TV;

“The Americans, who will sell us liquefied gas and get a solid profit from it, could transfer money to France as compensation for anti-Russia sanctions,” Le Pen said.

She noted that Washington is pressuring the EU to sanction Russian energy carriers.

Read also; We don’t have any more weapons to send to Ukraine – Greece

The EU has placed multiple sanctions on Russia after Moscow launched a military operation in neighboring Ukraine. The operation has been widely criticized by many Western nations.

According to Le Pen, if Washington succeeds in stopping Russian gas imports to the EU, it will result in unbearably high fuel bills for the French. However, she believes that American fuel magnates care little about ordinary French people and their plight, and are only interested in business, eager to profit from the increase in LNG exports to the bloc.

Many EU countries are heavily dependent on Russian energy, while some have no alternative, being landlocked and therefore unable to receive liquefied gas from the US, for instance.

Moscow currently supplies around 40% of the gas used by EU nations and around a third of their oil. Russian Deputy Prime Minister Alexander Novak recently estimated that it would take the EU 5-10 years to completely replace Russian oil and gas, noting that an embargo would inevitably result in record prices.
Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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