Petroleum Products

Nigerian government orders parked trucks, trailers on Lagos-Ibadan Expressway to vacate

The Federal Government has ordered trucks and trailers parking on the Lagos-Ibadan Expressway to vacate with immediate effect. The post Nigerian government orders parked trucks, trailers on Lagos-Ibadan Expressway to vacate 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.

Nigerian government signs fuel transportation, storage deal with Niger Republic

The Federal Government, yesterday, signed a Memorandum of Understanding, MoU, with the Republic of Niger for the transportation and storage of petroleum products. The post Nigerian government signs fuel transportation, storage deal with Niger Republic 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.

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.

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...

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...

Petrol price hike a move to end subsidy regime – expert

AHA Taxis Nigeria’s first professor of the Capital Market and former Imo State Finance Commissioner, Prof Uche Uwaleke, on Wednesday described the hike in petrol price from N123.50k/litre to a price band of N140.80 to N143.80 as an indication that the Federal Government was ready to gradually exit the fuel subsidy regime. The Petroleum Products Pricing and Regulatory Agency (PPPRA), in a memo to oil marketers on Wednesday, said that the upward review of petrol price stemmed from existing market realities which were taken into consideration before the new pump price was released. Prof Uwaleke told newsmen that exiting the subsidy regime was necessary in view of plummeting government revenue and the pressure on government finances occasioned by COVID-19. ‘Fortunately for the Nigerian economy...

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...

PDP rejects N108 ex-depot fuel price, insist on N70 pump price

The Peoples Democratic Party, PDP, has rejected the new ex-depot price of N108 per litre of the Premium Motor Spirit insisting on a new pricing template that must accommodate a pump price of between N60 to N70 per litre to reflect the crash in the price of crude oil and petroleum products in the international market. The party described the N108 ex-depot price as fraudulent and a far cry from the appropriate pump price template that should not exceed N70 given the prevailing situation in the international oil market. In a statement issued by the national publicity secretary of the party, Kola Ologbondiyan, the PDP maintained that the N108 ex-depot price with a projected additional N9 per litre Expected Open Market “completely unacceptable to Nigerians.” The statement read: “The federal gov...

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