Normalcy seems to have returned to petrol stations within Lagos metropolis as most of them were seen selling petrol on Thursday.
The Depot and Petroleum Products Marketers Association blamed the Nigerian National Petroleum Corporation for the scarcity in the country due to the shortfall in supply to depots.
Executive Secretary of Department of Petroleum Resources, Mr. Modecai Ladan, has warned that filling stations that hoard fuel or sell above pump price will be sanctioned.
Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu, says the major cause of the fuel scarcity currently being witnessed across the country is shortfall in supply of petroleum products.
The Akwa Ibom chapter of Independent Petroleum Marketers Association of Nigeria (IPMAN) says its members are currently lifting fuel at the cost of N144 per litre as against N133.28 approved by government.
The Senate Committee on Local Content has ordered Mr. Roland Ewubare, the Group General Manager of National Petroleum Investment and Management Service (NAPIMS) to appear before it in the next 24 hours or risk being slammed the sanctions of shunning Senate’s invitation.
The Federal Government has ordered the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, to ensure that the fuel scarcity currently being experienced across the country does not extend beyond this weekend.
A Nigerian National Petroleum Corporation (NNPC), an affiliate filling station at Apomu near Ifo, in Ifo Local Government Area of Ogun State, has been sealed by the Department of Petroleum Resources (DPR), on Wednesday, over safety measures.
The Federal Government has ordered the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, to ensure that the fuel scarcity currently being witnessed across the country does not extend beyond this weekend.
An indigenous oil company, Petrolex Ltd., says it has set aside $6bn to enable it to make an impact in the downstream and upstream sectors of the Nigerian oil and gas sector.
The Enugu Electricity Distribution Company (EEDC) announced that a fire outbreak at one of the Transmission Company of Nigeria (TCN) stations forced the organisation to ration electricity supply among some communities in Nsukka and Abakaliki in Enugu and Ebonyi states.
In a bid to salvage the fuel supply and distribution challenges witnessed in some parts of the country due to panic buying from motorists, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on Tuesday cut short his trip to London.
Chairman of Presidential Advisory Committee on Anti-Corruption (PACA), Prof. Itse Sagay, on Thursday applauded the leadership of the ninth Senate for its commitment to service of the country.
President of the Senate, Ahmad Lawan, on Thursday said the Senate is yet to receive any formal request from President Muhammadu Buhari for confirmation of the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu.
The new Commissioner of Police deployed to the Edo State Police Command, CP Lawal Tanko Jimeta, yesterday, said he would be firm in carrying out his duty in order to ensure the safety of lives and property of the citizens of the state.
Mr Chidi Izuwah, the Director-General, Infrastructure Concession Regulatory Commission (ICRC) has said that the Federal Government approved Public-Private Partnership (PPP) projects worth eight billion dollars between 2010 and 2018.
The National Economic Council, NEC, yesterday resolved to review the status of the ownership structure of the power distribution companies in the country.
Nigerian alternative music star Simi Ogunleye has deemed audience ‘unrealistic’ expectations from artist as one of the main issues plaguing the music industry.
The Centre for Democracy and Development (CDD) has expressed concern over reported cases of vote buying ahead of today’s governorship election in Kogi State.
Luis Enrique will return as coach of Spain and replace Robert Moreno ahead of Euro 2020, the Spanish Football Federation (RFEF) confirmed on Tuesday.
The All Progressives Congress (APC) United Kingdom chapter, has urged the newly elected governor of Bayelsa, Mr David Lyon to see his election as a call to higher service.
Melaye while speaking with journalists in his house said some thugs allegedly sent by the ALGON Chairman Taofeek Isa and the deputy chief of staff to the governor, one Samuel Faleke said they brought some thugs in two vehicles shooting sporadically and carted away the ballot boxes