Stakeholders in Nigeria’s midstream and downstream petroleum sectors have urged the Federal Government to outline strategies for a sustainable future in the downstream sector. The appeal was made during a virtual online workshop on Friday in Lagos with the theme…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says five petroleum industry regulations have been gazetted while six others have been finalised and ready for gazetting. Mr Gbenga Komolafe, Commission Chief Executive, NUPRC, disclosed this on Monday in Abuja at the…
There are indications that fuel distribution crisis may soon hit the country, if the Federal Government goes ahead to implement the new tax regime imposing 0.5 per cent tax on the gross turnover of the petroleum marketing firms. The Depot…
An illegal petroleum products dump in the Federal Capital Territory has been uncovered and sealed by the operatives of the Nigeria Security and Civil Defense Corps (NSCDC). Olusola Odumosu, spokesman of NSCDC on Sunday, confirmed the incident in a post…
The Federal Government announced that it has launched a committee that will implement policies for effective and efficient management of illegally refined products recovered from dug-up pits found around the creeks of the Niger Delta. This was disclosed by the…
The Executive Secretary, Petroleum Equalisation Fund (PEF), Alhaji Ahmed Bobboi has said plans are in the pipeline to commence transportation of petroleum products through rail lines to save cost. Bobboi, who said this during an interaction with journalists in Abuja…
By Akintunde Jacobs, Akure The Nigeria Security and Civil Defence Corps (NSCDC), Ondo state command, has arrested six suspects for offences ranging from conspiracy, unlawful dealings in Petroleum products, transportation of petroleum products without haulage licence and requisite authorization, adulteration.…
