In a recent press statement, the Dangote Group has firmly denied claims made by the Nigerian National Petroleum Company Limited (NNPCL) regarding the sale price of Premium Motor Spirit (PMS). The NNPCL spokesperson, Mr. Olufemi Soneye, alleged that Dangote sold PMS at an exorbitant rate of N898 per litre. This statement, according to Dangote Group, Read More…
In a significant development for Nigeria’s energy sector, the Nigerian National Petroleum Corporation Limited (NNPCL) has commenced the loading of Premium Motor Spirit (PMS), commonly known as petrol, at the Dangote Petroleum Refinery in Ibeju-Lekki, Lagos. This marks a major milestone in the country’s efforts to boost local fuel production and reduce dependency on imports. Read More…
The Lagos State Traffic Management Authority (LASTMA) has issued a stern warning to motorists contributing to traffic congestion at filling stations across the state. This follows a notable resurgence in fuel queues, which has led to significant disruptions on Lagos roads. In a statement released on Sunday and signed by LASTMA’s Director of Public Affairs, Read More…
My heart bleeds each time I encounter long petrol queues which have become a permanent fixture of city landscapes in Nigeria. Petrol scarcity has become so endemic that we are no longer embarrassed by the scandalous petrol queues. All over the country, lives have been lost, millions of man-hours wasted and citizens’ health negatively impacted Read More…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday stated its members would not embark on a nationwide strike as being predicted. In an interview with newsmen in Lagos, Mr. Mike Osatuyi, IPMAN’s National Operations Controller, provided the assurance. It was vital, according to Osatuyi, to refute the claim that lPMAN members intended to Read More…
The Lagos State Traffic Management Authority (LASTMA) advised drivers on Wednesday that the current gasoline shortage was no justification for stifling and impeding traffic movement throughout the state. This was stated by the Director of Public Affairs, Mr. Adebayo Taofiq, on behalf of the general manager of LASTMA, Mr. Bolaji Oreagba. According to the statement, Read More…
Drivers in Katsina State claim that the extreme scarcity of Premium Motor Spirit (PMS), also known as petrol, is having a negative impact on their companies. The Independent Petroleum Marketers Association of Nigeria (IPMAN) said that the problem was caused by flooding that shut down key roads leading to the country’s northern regions. This caused Read More…
The Nigerian National Petroleum Company (NNPC) has made assurances that the country will not suffer petrol scarcity in December and beyond, as it claims to have made adequate arrangements for supply. Umar Ajia, the Chief Financial Officer of NNPC Ltd, said this in Abuja on Monday standing before an ad hoc committee of the House Read More…
