Petrol
NLC rejects hike in petrol pump price
Nigeria Labour Congress, NLC, Monday, rejected the fresh hike in the pump price of Premium Motor Spirit, PMS, commonly known as petrol, which took effect last Friday, demanding for immediate reversal. The post NLC rejects hike in petrol pump price appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
IPMAN directs members to sell petrol at N170 per liter
The Independent Petroleum Marketers Association of Nigeria, Kano branch has directed its members across the state to sell Premium Motor Spirit (petrol) from N168 to N170 per litre. The post IPMAN directs members to sell petrol at N170 per liter appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
PENGASSAN Strike: No need for panic buying – NNPC
The Nigerian National Petroleum Corporation (NNPC) on Tuesday dismissed mounting insinuation of possible scarcity of petroleum products following ongoing disagreement between the Federal Government and members of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on the implementation of the Integrated Payroll and Personnel Information System (IPPIS). Dr. Kennie Obateru, Group General Manager, Group Public Affairs Division of the Corporation, quoted Mallam Mele Kyari as saying, in a release, that the industrial action embarked upon by PENGASSAN would not lead to scarcity of petroleum products as all fuel stations and petrol depots in the country have enough stock of products to service consumers and are open for business. While expressing hope that the industrial dispute wo...
Nigerian government urges workers to ignore planned strike
The federal government has urged public servants to ignore the strike planned for Monday by organized lab our, saying efforts are in place to resolve all contending issues. This was made known yesterday in a circular signed by Dr. Folasade Yemi-Esan, Head of the Civil Service of the Federation. The circular read: “Sequel to the call by the labour unions for workers to embark on industrial action from Monday, 28th September 2020, the Office of the Head of Civil Service of the Federation, OHCSF, wishes to inform all public servants that the federal government team is currently engaging with the labour unions with a view to resolving all contentious issues and avert the planned industrial action. “Furthermore, it is important to note that there is a court injunction granted by the National In...
NPA: 20 ships discharging petrol other items at Lagos port
Agence France-Presse The Nigerian Ports Authority (NPA) on Monday said that 20 ships at the Lagos ports were discharging petroleum products and food stuff. The NPA made this known in its publication, `Shipping Position’, a copy of which was made available to newsmen in Lagos. It listed the contents of the ship as general cargo, containers, bulk wheat, petrol, frozen fish, butane gas, bulk sugar, maize, bulk salt and automobile gasoline. It said that other 12 ships had arrived the ports, waiting to berth with containers, bulk wheat, and general cargo. The authority said it was expecting 13 other ships with petroleum products, food items and other goods from Sept. 21 to 30. It said that the ships contained bulk wheat, bulk sugar, petrol, bulk gypsum, frozen fish, maize, bulk salt and general...
PPPRA: Forex, uncertainty responsible for lack of fuel import by marketers
The Petroleum Products Pricing Regulatory Agency, PPPRA, blamed foreign exchange challenges and prevailing uncertainty for the inability of oil marketers to resume fuel import. Addressing newsmen in Abuja, Executive Secretary of the PPPRA, Mr. Saidu Abdulkadir, explained that the Petroleum Products Marketing Company, PPMC, had been the one announcing the price of petrol over the last few months, because it was within its rights to do so, as one of the oil marketers and a major supplier of the commodity. Abdulkadir, who was represented by the General Manager, Administration, and Human Resources of the PPPRA, Mr. Victor Shidok, stated that because of the difficulties in accessing foreign exchange by oil marketers, the PPMC is currently the sole importer of the commodity into the country, and...
Oil marketers condemn planned protest, shutdown over fuel price hike
AHA Taxis Oil marketers, under the aegis of Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), yesterday, kicked against attempts by some labour groups and trade associations to stage a protest march in opposition to the recent hike in the price of Premium Motor Spirit, also known as petrol. The Nigeria Labour Congress (NLC), United Labour Congress (ULC) and some other oil marketing groups had threatened to embark on a nationwide strike over the hike in petrol price, while they called on the government to revert to the previous price. In a statement in Abuja, National President of PETROAN, Dr. Billy Gillis-Harry, stated that while its members are not happy with the way certain things are in the downstream petroleum industry at the moment, they do not think any stree...
Major Petrol Price Hike Could Cripple South Africa’s Economy says Expert
Sourced from the South African The major fuel price hike scheduled for tomorrow (3 June) is going to further hurt the economy and have a major impact on deeply indebted consumers. This is after the petrol price in the country slumped to a 21-year low as South Africa descended into a nationwide lockdown. All grades of petrol will spike at R1.18 ($0.07) a litre while diesel will increase by R0.22 ($0.013) a litre. Neil Roets, CEO of one of the largest debt counselling companies in South Africa, Debt Rescue, says the increases would have a devastating impact on consumers who are mostly three months or more behind in the repayments of their loans. /* custom css */ .tdi_3_56f.td-a-rec-img{ text-align: left; }.tdi_3_56f.td-a-rec-img img{ margin: 0 auto 0 0; } “This is going to lead to further un...
Marketers call for appropriate legislation on fuel subsidy removal
AHA Taxis Marketers are calling for appropriate legislation that will enforce the new fuel subsidy removal policy of the Federal Government. Speaking during a webinar on the downstream sector at the weekend, the Managing Director of 11 Plc, and Chairman of Major Oil Marketers Association of Nigeria (MOMAN), Adetunji Oyebanji, stated that there are some misconceptions that government has given permission to marketers to import premium motor spirit (PMS) otherwise called petrol. “There was never a time government stopped marketers from importing. It was the economics of it that made marketers stopped because it didn’t make sense to import products at a price that is higher than the government fixed price for the product at the pump. Gradually, all the players involved in importation stopped,...
50 ships with petroleum products, food items to arrive Lagos ports
Fifty ships laden with petroleum products, food items and other goods are expected at the TinCan Island Port and the Lagos Port Complex from May 20 to June 3. The Nigerian Ports Authority (NPA) made this known in its publication, `Shipping Position’, a copy of which was made available to newsmen in Lagos on Wednesday. It said that the ships contained vehicles, containers, bulk wheat, inballast, general cargo, sulphur in jumbo bag, base oil, frozen fish, bulk fertiliser, butane gas, petrol and automobile gasoline. The NPA said that another 50 ships that had arrived the ports were waiting to berth with container, used vehicles, bulk wheat, bulk malt, frozen fish, Jet A1, petrol and automobile gasoline. It said that 26 ships were discharging container, bulk sugar, bulk wheat, butane gas, gene...
Customs intercept N13 million bales of clothes on train
File Photo The Nigeria Customs Service, Oyo/Osun Area Command, has made a total seizure of 180 bales of second hand clothes from a train operated by the Nigerian Railway Corporation with a total Duty Paid Value of N13,252,311. The Area Controller, Oyo/Osun Command, Helen Uche-Ngozi, disclosed this during a press conference at the Command’s headquarters in Ibadan on Tuesday. Uche-Ngozi said, “During our anti-smuggling activities of March and April 2020, the Command made a seizure of 310 drums of 100 litres each and 180 kegs of 25 litres each of Premium Motor Spirit, otherwise called petrol, at different points and axis of the Command. “They will be auctioned and the proceeds will be remitted accordingly. We were also able to identify a petrol station carrying out illegal activities within i...
