The Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Nigeria National Petroleum Company Limited (NNPCL) have warned Nigerians against panic-buying and dismissing reports of a planned hike in the pump price of petrol also called Premium Motor Spirit (PMS). According to reports, fuel marketers clashed with the Nigerian Nati...
The National Association of Nigerian Students, NANS, Southwest Zone, has urged the Nigerian National Petroleum Corporation Limited, NNPCL, not to think of increasing the pump price of petrol to N1,200 per litre as being canvassed by some people and groups. The student body, in a statement by the Zonal Coordinator, Comrade Alao John, the Secret...
The Nigeria Labour Congress, yesterday, warned the federal government against heeding the advice of the World Bank to increase the pump price of Premium Motor Spirit popularly called petrol to N750/litre. The NLC’s Head of Information, Benson Upah, in an interview with our correspondent, said any further increase in the price of petrol would l...
•Dangote refinery The Dangote Oil Refinery is finally set to commence fuel production as the first crude shipment arrives at the facility today, December 7, 2023. This was confirmed in a report by S&P Global, which stated that the OTIS tanker, carrying a 950,000 barrels of Nigeria’s Agbami crude, set sail yesterday December 6, reports [&he...
•Tanker explosion A diesel tanker went up in flames at the Ojota (Lagos) inward interchange in the early hours of today. The incident was confirmed by the Lagos State Traffic Management Authority (LASTMA), via X(formerly Twitter) where it stated that its personnel had been deployed to the scene. At the time of this report, the […]
There is growing apprehension in the manufacturing and aviation sectors that the rising costs of diesel and aviation fuel will lead to the total collapse of more industries and airlines operating in the country. In Kano, Ogun, Edo, Delta, Kogi, Lagos, and Kwara states, the Manufacturers’ Association of Nigeria told our correspondent yesterday ...

