Tag: Petroleum
Petrol to hit ₦1,000/ per litre as marketers sound alarm
The price of petrol in Nigeria may soon rise to about ₦1,000 per litre following an increase in global crude…
Low petrol price not market-driven, shutdown looms – Marketers
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has warned that many filling stations may soon close down…
Fuel queues now history – Dangote
Dangote said that Nigerians, who had endured persistent shortages since 1975, were now witnessing “a new era”...
PETROAN to FG: Stop Dangote from hijacking entire petroleum chain
In a recent interview, the National President of PETROAN, Dr. Billy Gillis-Harry, described the development as “a national concern,” urging…
DPR to limit petrol supply to border areas
The Department of Petroleum Resources (DPR) in Adamawa on Wednesday said it would limit supply of petroleum products to border…
Army seizes 16 trucks laden with adulterated petroleum products in Rivers
The 6 Division of the Nigeria Army, Port Harcourt, has seized 16 trucks loaded with suspected adulterated diesel and kerosene.
Five ships arrive Lagos ports with petroleum products, other commodities
One of the five ships waiting to berth in Lagos ports contains petrol, the Nigerian Ports Authority (NPA), has said.
Committee Warns Against Corrupt Practices
The House of Representatives Adhoc Committee on Review of Pump Price of Petrol has said that it will not relent…
Nigeria’s refineries will produce 10m litres of petrol daily – Kachikwu
The Minister of State for Petroleum, Dr Ibe Kachikwu, said the nation’s refineries had been repositioned to produce not less…
Court grants 2 Nigerians, 5 foreigners N1m bail each
A Federal High Court in Lagos on Thursday granted one million bail each for two Nigerians, one Beninese and four…
21 ships to arrive Lagos ports with petroleum products, food
Twenty-one ships laden with petroleum products, food and other goods are expected to arrive Lagos ports from Monday to Sept.…
Removing Nigeria ’s fuel subsidy a lame excuse
By SKC Ogbonnia Plagued by endemic corruption, Nigeria ’s fuel subsidy scheme has ignited intense debate in recent times. The…
DPR seals petrol tank-farm in Calabar
The Department of Petroleum Resources (DPR) on Tuesday suspended operations of FINEFIELD Petroleum in Calabar, the Cross River State capital,…
Of OPEC’s Chairmanship, Oil Theft And MT Patience
By Erasmus Ikhide The Organisation of Petroleum Exporting Countries, OPEC announced her demise for electing Diezani Alison-Madueke, Nigeria’s Minister of…
SON To Stop Petroleum Products Adulteration
Director General, Standard Organisation of Nigeria (SON), Mr Joseph Odumodu, on Monday said a quality assurance system that would stop…