Olaseinde Gbenga, Abuja The Major Energies Marketers Association of Nigeria (MEMAN) has called on the Nigerian National Petroleum Corporation (NNPC) to embrace accountability and transparency in their operations. The association emphasised that lack of accountability and transparency which has resulted…
The Nigeria National Petroleum Corporation (NNPC) Limited has attributed the recent scarcity and hike in fuel price observed in Abuja to disruptions in movement of the products caused by thunderstorms and other weather-related issues. The Chief Corporate Communications Officer of…
The Nigeria Customs Service (NSC) said it has seized 26,950 litres of petroleum products worth N19 million being smuggled out of the country into Republic of Benin. The National Coordinator, Operation Whirlwind of the NSC, Mr Hussein Ejibunu, disclosed this…
…To begin export of 10ppm diesel in June Nigeria’s 650,000 barrels per day Dangote refinery will start exporting diesel conforming to European specifications along with gasoline (petrol) sales in June. The Vice President for Oil and Gas, Devakumar Edwin, said…
By Seun Ibiyemi The Federal Operations Unit Zone A of the Nigeria Customs Service has recorded significant strides in combating smuggling activities, recording a total of 206 seizures with a duty paid value of N2,877,049,777 in the first three months…
The National Bureau of Statistics (NBS), says the average retail price of a litre of petrol increased from N263.76 in February 2023 to N679.36 in February 2024, while the price of a litre of diesel increased from N836.91 in February…
By Seun Ibiyemi The Federal Operations Unit (FOU), Zone A, of the Nigeria Customs Service (NCS), announced on Tuesday that it intercepted 60 seizures with a Duty Paid Value (DPV) of N854.1 million in January 2024 from suspected smugglers in…
By Seun Ibiyemi The Federal Operations Unit FOU Zone ‘A’ of the Nigeria Customs Service (NCS) said it intercepted 5,459 bags of 50kg foreign rice equivalent to 9 trailer loads, 1,926 cartons of frozen poultry products and other various contraband…
By Seun Ibiyemi The Nigeria Customs Service (NCS), thr Federal Operations Unit, Zone A, intercepted Petroleum Motor Spirit (PMS), Rice and others worth N1.24 billion in October. Acting Controller of the unit, Hussein Ejibunu, who disclosed this while speaking at…
Oil marketers have raised alarm over the lightness of Premium Motor Spirit (PMS) otherwise known as petrol in some filling stations, noting that the products are inferior to the quality the Nigerian Midstream and Upstream Regulatory Authority (NMDPRA) approved. While…
