Nigeria

NNPC Warns Against Adulterated Petroleum Products

The Nigerian National Petroleum Corporation (NNPC) has warned the public on the circulation of adulterated petroleum products which can cause destruction. The NNPC issued the warning on Thursday through Mr Ndu Ughamadu, the Group General Manager, Group Public Affairs Division. According to Ughamadu, exercising caution by consumers could forestall explosions, knockdown of engines, and threat to life. “The call for caution ...

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Customs Adopts Electronic Auction of Seized Vehicles, Others

Nigeria Customs Service (NCS) has decided to adopt electronic platform to conduct the auction of seized goods to ensure transparency. Mr Joseph Attah, NCS spokesman, told the News Agency of Nigeria (NAN) on Friday in Abuja that the platform was presently undergoing user acceptability test. “What that means is that in the very near future in a matter of weeks, ...

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Nembe Creek Trunk Line Shut, 232k Barrels Trapped

Nigeria stands to experience a shortfall in its oil exports earning as Shell Plc said it had shut down the Nembe Creek Trunk Line, which exports Bonny Light crude oil. The company said it shut the trunk line to remove theft points. The managing director of Shell Petroleum Development Company (SPDC) said the company was working to “remove a significant ...

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FG to Legalize Illegal Refineries in Niger Delta

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru has thrown some light on the modular refineries the Federal Government is planning for the Niger Delta. Maikanti at the 53rd International Conference and Exhibition of the Nigerian Mining and Geosciences Society(NMGS) in Abuja said the government would organised the youths now engaged in illegal refining ...

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CBN slashes dollar rate to N360

The Central Bank of Nigeria (CBN), has slashed the rate at which it sells dollars to Bureaux De Change (BDCs) in Nigeria to N360 and directed the BDCs to sell to end users at not more than N362. The slash came  24 hours after the CBN directive to banks  in the country to sell foreign exchange obtained from it to  end-users ...

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Arik Air extends N16,000 fare till Easter

Arik Air  has extended the validity of the ongoing N16, 000 promotional fare to cover the period of Easter. The special fare which enables an air traveller to buy a one-way ticket to any destination in Nigeria with N16, 000 was originally scheduled to end on March 31. The extension of the promo will afford air travellers  the opportunity of buying the N16, 000 ticket until  ...

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Senate Admits Buying Bullet Proof SUV at N62m

The Senate on Tuesday admitted that it bought a bullet proof Range Rover Sports Utility Vehicle ( SUV ) as had been reported in the media. Chairman, Senate Committee on Media and Publicity Sen. Aliyu Sabi Abdullahi told newsmen in Abuja that indeed the senate procured the said vehicle but not at the price that was being reported. Sabi said ...

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Nigerian University Set to Mass-Produce Vehicle Speed Limiter

University of Ilorin, has entered into partnership with some entrepreneurs to mass produce vehicles speed limiter for Nigerian motorists at affordable prices. Vice-Chancellor of the University, Prof. Abdul Ganiyu Ambali made this known at the weekend, while featuring at the News Agency of Nigeria (NAN) forum in Abuja. He said the effort was in line with a call by the ...

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Senate Probes Customs over N4trn Revenue Leakage

The Senate Committee on Customs, Excise and Tariff, has commenced investigation into alleged over N4 trillion revenue leakage in the Nigeria Customs Service between 2006 and 2016. The Chairman of the committee, Sen. Hope Uzodinma, made this known in an interview with newsmen on Sunday in Abuja. He said that the committee would stop at nothing in recovering the money, ...

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