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Fuel War Room
The Nigerian National Petroleum Corporation on Sunday said the landing cost of imported petrol is now N171 per litre, but emphatically stated that it will continue to make it available to Nigerians at the approved N145 a litre.
The Nigerian National Petroleum Corporation (NNPC) said it had activated the Fuel War Room comprising of team members from itself, the Department of Petroleum Resources (DPR), Petroleum Products Pricing Regulatory Agency (PPPRA), and Petroleum Equalization Fund (PEF), with support from the security agencies to bring the current crippling petrol scarcity across the country to an end.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Maikanti Baru, on Sunday disclosed that the current Landing Cost of petrol is N171 per litre, meaning that at N145 per litre, the Federal Government is currently paying a subsidy of N26 on a litre of the commodity.
The minister stated this when he received a delegation from the Africa-Asia Rural Development Organisation (AARDO) led by Secretary General of the Organisation, Eng. Wassfi Hassan El Sreihin in his office in Abuja.
The Federal Government said that electricity generation from hydro sources could reach 19,000 megawatts if fully harnessed.
President Donald Trump found himself isolated and under pressure to reverse course Tuesday after publicly challenging the US intelligence conclusion that Russia meddled in the 2016 election during his face-to-face with Vladimir Putin.
The Chairman of the Bayelsa State Board of Internal Revenue (BIR), Ayawei Nimbofa, has attributed the rise in Bayelsa’s monthly internally generated revenue above N1billion mark to deployment of electronic collection system.
Former US president Barack Obama on Tuesday singled out the African heritage of many players in France’s World Cup-winning football team in a speech paying tribute to Nelson Mandela.
A mother and her son, who allegedly used knife to inflict injures on co-tenant during a fight, were on Tuesday brought before an Ikeja Magistrates’ Court, Lagos State.
The Muslim Rights Concern (MURIC) has advised Nigerians to stop blaming President Muhammadu Buhari for killings around the country.
Nigeria Ambassador to the Netherlands, Oji Ngofa, on Sunday, urged the Dutch Embassy to resume issuance of Schengen Visas in Abuja to consolidate the increasing trade relations between Nigeria and Netherlands.
President of the Senate, Dr. Abubakar Bukola Saraki, has congratulated the Governor-elect of Ekiti State, Dr. Kayode Fayemi, on his victory in the just-concluded Ekiti gubernatorial election.
The Federal Inland Revenue Service has announced that it realised a total of N2.5 trillion (N2,529,615,174,601.25) from various taxes from January to June 2018.