Dear Subscriber,

The power grid collapse in Nigeria last weekend was most disruptive. The price of diesel spiked to N230/liter and some commodity prices like flour and palm oil are higher.

The news that NNPC is to invest $3.7bn in critical gas projects is coming as a welcome relief to Nigerians. It is hoped that this will help reduce the gas constraints currently at 1,853MW, 48% of the national output.

The attached document contains a snapshot of the global and domestic developments in the Commodities Market.

Enjoy your read!