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Tag: Petroleum Products

Metro, News

NSCDC advocates 25-year jail term for pipeline vandals

Donatus Ikemefuna, Commandant, Lagos State Command of the Nigeria Security and Civil Defence Corps (NSCDC), on Friday advocated a 25-year…

Metro, News

Police shut filling stations, arrest managers

The Nigeria Police has shut down two petrol stations in the Ikorodu area of Lagos and arrested their managers for…

Business

No Plan To Jack Up Fuel Price, Says Jonathan

Eromosele Ebhomele & with agency report President Goodluck Jonathan said in Abuja on Sunday that the Federal Government had no…

Business

19 Ships With Petroleum Products Arrive Lagos Ports

Nineteen ships laden with different petroleum products have arrived at the ports in Lagos, according to the Nigerian Ports Authority…

Business, Metro, News

Oil Pollution: Fashola Orders OPD To Sue Civil Defence

Governor Babatunde Fashola of Lagos State has ordered the Office of the Public Defender, OPD, to take legal action against…

Business, Headlines, News

No Going Back On Oil Subsidy Removal —Jonathan

The President Goodluck Jonathan-led Federal Government has restated its plan to fully deregulate the downstream oil sector, despite the aversion…

Business

How NIMASA Underdeveloped Nigerian Maritime Sector

Accusations and counter-accusations have continued over the alleged oil thefts along the nation’s coastal waters, as maritime, oil and gas…

Business

DPR Seals 294 Filling Stations In Lagos

The Department of Petroleum Resources (DPR) says it sealed 294 filling stations for various offences in Lagos in 2012. Mrs.…

Metro, News

Lagos Lawmakers Condemn Fuel Scarcity, Hawking

The Lagos State House of Assembly (LAHA), on Tuesday expressed concern at the scarcity of petrol and the rate at…

Opinion

The Subsidy Conundrum

By Chido Onumah If you are confused about the assurance by President Jonathan during his recent media chat that “Subsidy…

Opinion

The Scarcity Of Fuel

The lingering scarcity of petroleum products across the country and the hardship Nigerians are facing may destroy the last vestiges…

Metro, News

Alleged Subsidy Fraudsters Get N10m Bail

Petroleum products importers who were alleged to have fraudulently obtained the sum of N1.051 billion (about $656 million)  from the…

Business

NIMASA Unseals Iheanacho’s Oil Tank Facility

The Nigerian Maritime Administration and Safety Agency (NIMASA) said it has unsealed Integrated Oil and Gas petroleum products tank facility…

Business

Petrol Scarcity: 18 Ships Arrive Lagos With Fuel

Eighteen ships are waiting to berth and discharge petroleum products at various oil terminals within the Lagos ports, the Nigerian…

Opinion

Conflict And Insurgency In Nigeria: Impact On Dev. Prospects And Nationhood

By Obadiah Mailafia  With a population of 165 million, Nigeria is Africa’s largest country in terms of demographic size. With…