The Manufacturers Association of Nigeria (MAN), has called for Federal Government’s urgent intervention to support the production of goods, as cost of diesel hits N720 per litre. Mr Lanre Popoola, the Chairman, Manufacturers Association of Nigeria (MAN), Oyo, Osun, Ekiti and Ondo branches, stated this in Ibadan on Sunday, while speaking on the increase … [Read more…]
As the Federal Government makes effort to clear the long queues occasioned by petrol scarcity brought about as a result of supply of adulterated petrol, President Muhammadu Buhari has approved the sanctioning of those responsible . Last month, the government had said methanol, a substance that is usually present in petrol, found in the … [Read more…]
Domestic airlines are currently groaning under acute scarcity of aviation fuel, popularly called Jet A1, with only few operators getting supplies from marketers. This is just as the Chief Executive Officer of Cleanserve Energy, a major marketer of Jet A1, Mr Chris Ndulle, told Vanguard that the current price of crude oil in the … [Read more…]
The Federal Government has approved a 25 percent increase in freight rate for petroleum products, raising it from N9.5 per litre to N11.87/litre, the National President of the Nigerian Association of Road Transport Owners (NARTO), Alhaji Yusuf Othman has disclosed. Alhaji Othman who disclosed this at NARTO’s 22 Annual General Meeting in Abuja, yesterday, … [Read more…]
Chairman of Nigeria Governors Forum (NGF) and Governor of Ekiti State, Kayode Fayemi, has said community policing is the way to go. However, he collaboration with the mainstream security agencies is needed to achieve results as obtainable in western nations. Become a partner with USA companies, promote their offers and get paid in US … [Read more…]
Indigenes of Lasukugbene in Southern Ijaw Local Government Area of Bayelsa State have lamented the adverse impact of crude oil leakage from an oil facility owned by Nigerian Agip Oil Company, NAOC. The natives are also calling on the oil firm to contain a second spill point from last month’s leakage from the Tebidaba/Brass … [Read more…]
The Federal Government through its Nigerian Midstream and Downstream Petroleum Regulatory Authority may return to the overseas supplier, the contaminated Premium Motor Spirit, popularly called petrol, which was imported into the country by the Nigerian National Petroleum Company Limited. Oil marketers estimated that about 100 million litres of contaminated petrol were imported into Nigeria … [Read more…]
A civil society organisation, the Socio-Economic Research and Development Centre, SERDEC, Tuesday, called on the federal government, agencies and international bodies to put an end to what it called the marginalization and economic injustice being perpetrated against the Original Inhabitants, OIs, in the Federal Capital Territory, FCT. The group made the call at the … [Read more…]
Abuja division of the National Industrial Court (NIC), Abuja, will, today, hear an alleged contempt suit filed by medical doctors operating under the platform of Association of Specialist Medical Doctors in Academics (ASMEDA). The doctors filed the action against the Minister of Finance, Zainab Ahmed, over alleged disregard to court order. Also joined … [Read more…]
President Muhammadu Buhari, Thursday, pledged to continue to support the Nigerian private sector with policies and programmes to propel it toward higher investments and productivity in the various sectors of the economy, even as he acknowledged that economic policies of his administration are indeed working. Buhari, who spoke at the official commissioning of line 4 … [Read more…]
The Federal Government on Monday met with oil marketers in the downstream sector to perfect plans for the full deployment of autogas in filling stations and the conversion of 200,000 commercial vehicles to run on gas this year. At the meeting, which was convened in Abuja by the Minister of State for Petroleum Resources, … [Read more…]
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said yesterday that the Federal Government has suspended removal of fuel subsidy. She said the government had made provisions for subsidy in the 2022 budget from January to June this year, adding that government will forward a request to the National Assembly to make additional … [Read more…]