Nigeria

Nigerian Custom Service Intercepts 500 Smuggled Vehicles

The Nigerian Custom Service(NCS), Ogun State Area Command, seized not less than 500 used vehicles smuggled into Nigeria via the neighbouring Republic of Benin through Idiroko border and its axis. The Controller of the Area Command, Sani Madugu, who made the disclosure while addressing journalists during a briefing held at Idiroko border at the weekend, said the total figure was ...

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NNPC Products Distribution, Sale Increase By 29%

The Nigerian National Petroleum Corporation (NNPC) distributed and sold about 1.3 billion litres of petroleum products throughout the country in September, a report has said. A statement issued in Abuja on Monday by Mr Ndu Ughamadu, NNPC Group General Manager Public Affairs Division, said the figure was contained in the Sept. 2017 edition of the monthly NNPC Financial and Operations ...

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DPR suspends Six Fuel Marketers Over Diversion

The Department of Petroleum Resources (DPR), Eket field, says it has suspended six marketers in Akwa Ibom for diverting petroleum products The DRP Operations Controller in Akwa Ibom, Mr Tamunoiminabo Sundaye, disclosed this to the News Agency of Nigeria (NAN) in Eket on Sunday. Sundaye said that the marketers lifted 180,000 litres of petrol from NNPC Calabar depot to an ...

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Peugeot 301 Midlife Voted Nigeria’s Car-Of-The-Year 2017

For the second successive year, a locally assembled car, Peugeot 301 has emerged winner of the Nigerian Car-Of-The-Year (COTY) Award 2017. The award was announced at the annual NAJA Awards Night held on Tuesday, December 12, in the prestigious Eko Hotels, Victoria Island, Lagos, with big industry experts, CEOs of corporate organizations, other stakeholders and major automobile dealers in attendance. ...

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Fuel scarcity in Nigeria: Obiano Hails Stanel Group’s Steadfastness

Governor Willie Obiano of Anambra State has commended the Chairman of Stanel Group, Mr Stanley Uzochukwu, for fuel availability, accurate metre and for maintaining official pump price of N145/litre in Awka while other stations either have no product or selling above N185/litre in the wake of fuel scarcity in the country. Stanel World, Akwa is witnessing unprecedented crowd and queue ...

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Nigerian National Petroleum Corporation Uncovers 144 Trucks of Hoarded Petrol

Security agents and Nigerian National Petroleum Corporation (NNPC) monitoring team have discovered 144 trucks of petrol not streamed by some marketers in Kano. The NNPC Group General Manager, Public Affairs Division, Ndu Ughamadu, made this known in a statement in Abuja on Friday. Ughamadu stated that the team was set up to rapidly end petroleum products supply gaps in parts ...

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Ekiti Fuel Marketers Dare NNPC, Adjust Metres above N145 per litre

As against several appeals to Nigerians that the federal government has no plans to increase pump price of petroleum motor spirit (PMS) in the country, many independent fuel marketers in Ekiti state from Wednesday adjusted their pump to prices ranging between N150 per litre to N165 per litre, above the supposed official maximum price of N145 per litre. Motoring World’s ...

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Dangote Plans to Crash Fuel pump Prices in Nigeria

Dangote Refinery currently under construction would save Nigeria $12 billion annual import substitution, create 4,000 direct jobs and crash prices of petroleum products. Mr Babajide Soyode, the Technical Consultant to Alhaji Aliko Dangote, said the project would add value to the economy as it would also create 145,000 indirect jobs. He said that the refinery would lower the prices of ...

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