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…
Nigerians celebrated twenty five years of Democracy last Wednesday, June 12. I did not mean to dampen the enthusiasm. I am not a killjoy. But democracy is not a declaration, it is a praxis. It is not what we wish, but what we live. Is this something to voice out in a country that has rolled out the drums to celebrate Democracy Day? I remember a basic Read More…
Nigeria aims to stop importing petroleum products before or around the third quarter of 2023, according to oil minister Timipre Sylva. Sylva stated that a rebuilt refinery in the oil-producing Niger Delta city of Port Harcourt will start providing 60,000 barrels per day of processed crude by the end of December. The minister also stated Read More…
13 ships laden with petroleum products and others are waiting to berth at the ports in Lagos, the Nigerian Ports Authority (NPA) said on Thursday. NPA in its ”Daily Shipping Position” listed the products in the ships as: general cargo, bulk wheat, petrol, bulk urea, bulk sugar and bulk gypsum. It said that another 20 Read More…
Lagosians have been assured of a good supply of petroleum products at Christmastime. This is the assurance provided by Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Giving the assurance in an interview with the News Agency of Nigeria (NAN), Zonal Operations Controller, Ayorinde Cardoso, said: “There is product sufficiency in Lagos with about 341,908,000 Read More…
