Independent petroleum marketers in Lagos State have threatened to withdraw their services from Dec. 11 over NNPC’s breach of bulk purchase agreement to sell fuel to them at N133.28k per litre. The Independent Petroleum Marketers Association of Nigeria (IPMAN), Lagos State Chapter, on Wednesday said it was set for a showdown with NNPC over irregular…
Nigeria’s state oil firm is looking to set up a $3.5-$5 billion cash-for-crude prepayment with some of the world’s top commodity traders to fund oil and gas upstream projects as well as related infrastructure, sources with direct knowledge of the matter said. Africa’s biggest oil producer and OPEC member was hit hard by the sharp…
…Safety, Comfort Of Lagosians Remain My Priority, Says Ambode Lagos State of Nigeria has perfected plans to acquire Intelligence Surveillance and Reconnaissance (ISR) platform, which is a specialized light aircraft, to secure creeks and riverine communities in the State. Lagos State Governor, Mr Akinwunmi Ambode, who gave the hint at Lagos House in Alausa, Ikeja…
Nigeria Customs Service (NCS) says the country has implemented about 70 per cent of the requirements of the ECOWAS Common External Tariff (CET). The Comptroller-General of NCS, Col. Hameed Ibrahim Ali (Rtd) said this at the opening of the meeting of ECOWAS Directors-General of Customs in Abuja on Thursday. It would be recalled that the…
