Nigeria

Petroleum Marketers Shelve Strike, Resolves to Support FG

The Independent Petroleum Marketers Association of Nigeria, IPMAN, on Monday announced the suspension of a scheduled nationwide strike after meeting with the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC. IPMAN said this in Abuja in a statement released by Mr Ndu Ughamadu, NNPC Group General Manager, Public Affairs Division.‎ ‎According to the statement, ‎Chairman of the IPMAN Committee ...

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Recession: Toyota Nigeria Focuses on After-Sales Services

ROTIMI ASHER As average Nigerian auto buyers find it difficult to pay for new vehicles, due to recession, Toyota Nigeria Limited (TNL), auto assemblers and sole distributor Toyota products in Nigeria, has resolved to focus on after sales as a way of keeping and satisfying its existing customers. The company’s Managing Director, Mr Kunle Ade-Ojo, revealed this recently during a media ...

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Diageo Partners UNITAR to promote road safety in Nigeria

Diageo, a global leader in the beverage alcohol industry and parent company of Guinness Nigeria Plc has partnered the United Nations Institute for Training and Research (UNITAR) to deliver a workshop that aims to promote road safety and sustainable transport systems in Nigeria. The two-day workshop which held at the University of Lagos brought together various stakeholders who play a ...

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Buy-Nigeria-Car Campaign: VON Automobile Gives Out New Hyundai i10 to Nigerian Journalist (with Photos)

As part of efforts to encourage Nigerian families to buy locally made vehicles, VON Automobiles Limited, subsidiary of Stallion Group, on Monday, handed out a new, locally assembled Hyundai i10 to a Nigerian journalist from The Nation Newspaper. The beneficiary, Gboyega Alaka, was selected via a raffle Draw conducted among journalists, when Senate Committee on Privatization and Bureau of Private ...

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FCA Wins ‘The Most Improved Fleet Manufacturer’ at Fleet World Honours

As preparations for the arrival of FIAT brand in Nigeria moves close to its peak, Fiat Chrysler Automobiles (FCA) maker of Jeep, Fiat, Dodge, Alfa Romeo, Maserati, Ram and Chrysler brands has been named Most Improved Fleet Manufacturer in the prestigious Fleet World Awards.  Weststar Associates Ltd (Authorized General Distributor of Mercedes-Benz, Chrysler, Jeep, Dodge and Ram in the Federal ...

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FG Gives Vehicle Smugglers Ultimatum to Pay Duties

The Comptroller-General of Nigeria Customs Service (NCS), Retired Col. Hameed Ali, has approved one month grace for all Nigerian vehicle owners who have not paid duties to do so or face outright seizure of the vehicles. And this applies even to new vehicles bought from car dealers. The Acting Public Relations Officer of the NCS, Mr Joseph Attah, said this ...

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Nigerian Senate to Investigate $17 Bln Subsidies Received By Oil Firms

Nigeria’s upper house of parliament will investigate allegations the state oil company illegally inflated funds it collected from an official subsidy scheme to 5.1 trillion naira ($17 billion) between 2006 and 2015, lawmakers said on Wednesday. The Senate’s decision to launch an investigation followed an emergency motion raised by Senator Dino Melaye, who told the Senate there were possible irregularities ...

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Buhari Govt Approves New Business Model for Refineries

The Buhari Government has approved the implementation of a new commercial model targeted at attracting investors in the restoration of the nation’s three refineries. Mr Anibor Kragha, Chief Operating Officer (COO) Refineries, Nigerian National Petroleum Corporation, NNPC, said this on Wednesday in Abuja at a plenary at the ongoing 2017 Nigeria Oil and Gas Conference and Exhibition (NOG). The plenary ...

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FG Completes Repairs on Abuja-Kaduna Road

The federal government has inaugurated the Abuja-Kaduna road which was given an emergency facelift with the sum of N1.1 billion. Mr Babatunde Fashola, the Minister of Power, Works and Housing, who opened the road on Tuesday, commended the contractor for completing the project on scheduled. He said the project was awarded on Jan. 7 with completion period of 50 days. ...

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OPEC Loses $1trn to Oil Price Fluctuation

The Organisation of Petroleum Exporting Countries (OPEC) has lost over $1 trillion to fluctuation of oil prices, its Secretary General, Dr Mohammed Barkindo has said. Barkindo disclosed this on Monday while addressing a news conference organised by the Minster of State for Petroleum, Dr Ibe Kachikwu. According to the OPEC scribe who is on a four-day working visit to Nigeria, ...

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