The Minister of State for Petroleum, Dr Ibe Kachikwu, has called a special petrol supply intervention to ensure a hitch free Christmas and New Year celebration. This order was given to the Pipeline Products Marketing Company (PPMC) for them to embark on special supply intervention measures to ensure country-wide availability of product ahead of the […]
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The Nigerian National Petroleum Corporation (NNPC) said it had taken delivery of four more cargoes of petroleum products over the weekend to keep the country wet. This is contained in a statement signed by Mr Ohi Alegbe, NNPC Group General Manager, Group Public Affairs Division, on Sunday in Abuja. It assured the public of sufficient […]
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Nine ships are waiting to discharge petroleum products and other goods at Apapa and Tin-Can Island ports in Lagos. The Nigerian Ports Authority (NPA) stated this in its daily publication – `Shipping Position’, – a copy of which was made available to the News Agency of Nigeria (NAN) on Tuesday in Lagos. According to the […]
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The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that as it stands, importing Premium Motor Spirit, PMS, also known as petrol, is cheaper than producing the product in the country’s refineries. Addressing newsmen in Abuja, Kachikwu disclosed that until the upgrade and total refurbishment of the refineries are concluded, as well as […]
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The Lagos State Government on Wednesday vowed to shut petrol stations that fail to ensure their customers maintain a lane while dispensing fuel. The warning was handed down at a joint news conference by the Commissioner for Information and Strategy, Mr Steve Ayorinde and the Commissioner for Transportation, Dr Dayo Mobereola in Alausa. Mobereola said […]
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Three ships laden with Premium Motor Spirit (PMS) otherwise known as petrol, have arrived Lagos ports, waiting to discharge. The Nigerian Ports Authority (NPA) stated this in its publication – `Shipping Position’, – a copy of which was made available to the News Agency of Nigeria (NAN) on Friday in Lagos. The document indicated that […]
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The fuel situation looks to get worse as reports have come up that the depot in Satellite, Lagos state has shut down due to a technical fault. The fault it is reported occurred over the weekend. According to news Agency Leadership, The Chairman Independent Petroleum Marketers Association of Nigeria (IPMAN) Satelite Depot, Mr Alamu Ayo […]
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A group, Southern Nigeria People’s Mandate, on Saturday praised the Federal Government for removing subsidy on petrol, saying the move would help check corruption. The President of the group, Mr Augustine Chukwudum, made the group’s position known in an interview with the News Agency of Nigeria (NAN) in Enugu. He said Nigerians needed to know […]
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Eleven ships laden with Premium Motor Spirit (PMS) otherwise known as petrol, have arrived Lagos ports, waiting to discharge. The Nigerian Ports Authority (NPA) stated this in its “Shipping Position’’ publication, a copy of which was made available to the News Agency of Nigeria (NAN) on Monday in Lagos. The document indicated that one other […]
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Former President Olusegun Obasanjo while speaking on Sunday revealed that his administration while in office had the intention to develop the nation’s natural gas in order to power vehicles and to reduce the nation’s dependence on imported petrol The former president disclosed that his administration at the time gave out licences to companies in order […]
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Nigerians might experiment fuel scarcity again as the owners of Mega Petrol Filling Stations have threatened to shut down operations following an alleged imposition of a lower pump price on them by the Nigeria National Petroleum Company (NNPC) . This was revealed at a briefing held by the Mega Filling Station Owners of Nigeria (AMFSON) […]
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A litre of petrol now sells below the official benchmark of N145 in some stations in the Lagos, a survey has shown. A correspondent of the News Agency of Nigeria (NAN) who carried out a survey of some filling stations in the Lagos metropolis reports that some stations were selling at reduced rates of between […]
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The Nigerian Navy on Wednesday said it had impounded a wooden boat laden with 90 jerry cans of stolen petrol from suspected pipeline vandals at the Pashe creek in Badagry area of Lagos State. The Commander, Forward Operating Base of the Navy in Badagry, Capt. Simon Dogo, told journalists in Lagos that the seizure was […]
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The idea for the fuel price hike that was recently embarked upon in the country was originally believed to be one that would bring about short-term hardships, but long-term sustainability. Unfortunately, the marketers of petroleum products are suffering seriously under the short-term hardship and is slowly squeezing them out of the business. Independent marketers are […]
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The Nigerian National Petroleum Corporation (NNPC), has re-assured that it has adequate products and urged Nigerians to desist from panic buying. This is contained in a statement issued on Thursday in Abuja, by Alhaji Garba Deen Muhamad, NNPC’s Group General Manager, Group Public Affairs Division. “Members of the public are advised not to engage in […]
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Thirty two ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos, the Nigerian Ports Authority (NPA) said on Wednesday. NPA explained that the expected ships would arrive from July 27 to Aug. 13. It said that the expected ships contained buck wheat, bulk […]
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The retail price of petrol in South Africa will decrease by 7.4 per cent from August 3, the energy department said on Friday. The department also said that the price of wholesale diesel will go down by 6.3 per cent. The department said the price of petrol will fall by 99 cents to 12.35 rand […]
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Thirty-five ships laden with petroleum products, food items and other cargoes are expected at the Apapa and the Tin-Can Island ports in Lagos, from Aug. 1 to Aug. 20. This is contained in “Shipping Position”, a daily publication by the Nigerian Ports Authority (NPA) made available to the News Agency of Nigeria (NAN) on Monday […]
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Four ships waiting to berth in Lagos ports would discharge petrol, the Nigerian Ports Authority (NPA) said on Monday. The News Agency of Nigeria (NAN) reports that the document noted that the remaining two ships would berth with bulk fertiliser. Twenty nine ships laden with petroleum products, food items and other goods are expected to […]
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Following an all-time high exchange rate of the naria against the dollar which hit 400 last week, indications exist that the price of fuel may be increased soon. The speculation surrounding possible increment in fuel pump prices comes as a result of the continued scarcity of the dollar to finance importation of the product. Marketers, […]
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