petrol Archives — Page 6 of 6 — National Accord Newspaper

Cross-border smuggling hampering fuel distribution – FG

BUSINESS

Cross-border smuggling hampering fuel distribution – FG

Bode January 28, 2023

The Federal Government says the current Premium Motor Spirit (PMS) distribution hitch is heightened by the activities of cross-border smugglers who divert petroleum products to sell at higher prices in neighbouring countries. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) made this known in an update it issued...

Nigerian News

Petrol: Don’t engage in panic buying – NMDPRA urges Nigerians

Bode October 25, 2022

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has appealed to Nigerians not to engage in panic buying of petrol, saying it has enough in stock. Mr Farouk Ahmed, the Chief Executive Officer, NMDPRA confirmed this to the News Agency of Nigeria (NAN) in Lagos on Tuesday. Ahmed...

Nigerian News

‘Are we drinking the petrol?’: Sanusi queries 66m litres daily fuel consumption, wants NNPC disbanded

Bode October 15, 2022

Former Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, on Saturday, queried the volume of Nigeria’s daily consumption of Premium Motor Spirit also known as petrol. Sanusi described as unbelievable the claim by the Nigerian National Petroleum Company (NNPC) Limited that Nigeria consumes 66 million litres of...

Nigerian News

We’ll no longer guarantee regular supply of petroleum products – IPMAN

Bode June 24, 2022

Some members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) in the South-East say they will no longer guarantee the supply of products at the approved pump prices. The marketers spoke in separate interviews with the News Agency of Nigeria (NAN) in Awka on Thursday. They said that...

Fuel subsidy scarcity Long queue at a filling station

Nigerian News

Fuel scarcity in Abuja, other areas caused by inadequate supply – IPMAN

Bode June 6, 2022

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has blamed the inadequate supply of petrol from the depots in Lagos for the scarcity being experienced in Abuja and other parts of the country. IPMAN President, Mr Chinedu Okoronkwo, made this known in an interview with the News Agency of...

Nigerian News

Six suspects in police net for stealing 40,000 litres of petrol

Bode April 25, 2022

By HARUNA AHMED, Kaduna – Police operatives from the Kaduna State Command have arrested six persons over alleged stealing of 40,000 litres of Premium Motor Spirit (PMS) popularly known as petroleum. The command’s spokesman, Mohammed Jalige, stated this in a statement issued on Monday in Kaduna. Jalige said that...

METRO

Lagos Govt vows to sanction organizers who shared kegs of petrol as souvenirs at party

Bode March 5, 2022

By OLA MUDOPE, Lagos – The Lagos State Government has frowned at a viral video showing kegs of petrol to be distributed to guests at the installation ceremony of Chief Dr Pearl Chidima Ogbulu as Erelu Okin of Orile Kemta. Recalled that the video which has gone viral on...

Nigerian News

Yuletide: IPMAN assures Nigerians of availability of petroleum products

Bode December 15, 2021

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has assured Nigerians of availability of petroleum products across the country during the yuletide. IPMAN’s President, Mr Chinedu Okoronkwo, gave the assurance in an interview with the News Agency of Nigeria (NAN) on Wednesday in Lagos while reacting to resurfacing of...

Nigerian News

Yuletide: NNPC urges Nigerians not to engage in panic buying, assures sufficient petrol supply

Bode December 15, 2021

By JOY ADARA, Abuja – The Nigerian National Petroleum Company (NNPC) Ltd has urged Nigerians not to engage in panic buying but to fully enjoy the spirit of the festive season as it continues to work tirelessly to ensuring sufficient supply of petrol to every part of the country....

OPINION

Fuel Subsidy Removal And The Concept of Change By JEROME-MARIO UTOMI

Bode November 30, 2021

It is a common knowledge that the Nigeria Labour Congress (NLC) recently rejected the Federal Government proposed N5, 000 for 40 million poor Nigerians when the subsidy on Petroleum Motor Spirit (PMS) is removed. While describing it as ‘nonsensical’ the argument that the complete surrender of the price of...

Cargo Container Ship Vessel Carrier Logistics Transportation News 494x413 1

METRO

21 ships discharge petroleum products, other items at Lagos ports – NPA

Bode November 27, 2021

By OLA MUDOPE, Lagos – The Nigerian Ports Authority (NPA) has said that about 21 ships at the Lagos ports were discharging bulk wheat, general cargo, container, petrol, bulk sugar, base oil, frozen fish, bulk gypsum and bulk urea. NPA disclosed this in its publication, ‘Shipping Position’, which was...

Nigerian News

South East residents pay highest average price for petrol in October – NBS

Bode November 17, 2021

By JOY ADARA, Abuja- The National Bureau of Statistics (NBS) has revealed that South East residents paid the highest average price for Premium Motor Spirit (PMS), popularly known as petrol, in October. The NBS said this in its “Premium Motor Spirit (Petrol) Price Watch for October 2021’’, released on...