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Sunday, September 27, 2020

COVID-19: Zero Oil plan critical to Nigeria’s economy—Awolowo

By Chijioke Okoronkwo Abuja, Sept.3, 2020 Mr Segun Awolowo, the Executive Secretary, Nigeria Export Promotion Council (NEPC), says active implementation of the Zero Oil Plan will boost Nigeria’s foreign exchange earnings in the face of economic contraction caused by COVID-19 pandemic. Awolowo spoke with State House...

5 filling stations sealed for under dispensing petroleum products in Benin

By Kevin Okunzuwa Benin, Sept. 4, 2020 The Department of Weights and Measures, Federal Ministry of Industry, Trade and Investment, on Thursday sealed five filling stations in Benin for under dispensing petroleum products to customers. Engr. Ibrahim Isa who led the department’s monitoring team round...

DPR recommends use of CNG, LPG as alternatives to petrol, diesel

By Rotimi Ijikanmi Lagos, Sept. 3, 2020 The Department of Petroleum Resources (DPR) has advised Nigerians to use Compressed Natural Gas (CNG) as an alternative to petrol and diesel in their vehicles for cost effectiveness and efficiency. Chief Executive Officer of DPR, Sarki Auwalu, gave the...

Petrol: Motorists, commuters groan as marketers implement new pump price regime in Lagos

By Solomon Asowata Lagos, Sept. 3, 2020 Vehicle owners and commuters in Lagos on Thursday decried the increment in pump price of Premium Motor Spirit (PMS), following the new ex-depot price announced by Petroleum Products Marketing Company (PPMC). Newsmen reports that the PPMC, a...

Reps minority caucus rejects rise in fuel pump price

By EricJames Ochigbo Abuja, Sept. 2, 2020 The minority caucus in the House of Representatives, has rejected the increase in pump price of fuel from N148 to N151. 56 announced by the Petroleum Product Marketing Company (PPMC) on Wednesday. The lawmakers, in a statement...

NLC rejects hike in fuel price, don reacts

By Joan Nwagwu/Edith Ike-Eboh Abuja, Sept. 2, 2020 The Nigeria Labour Congress(NLC) has rejected the increase in Premium Motor Spirit (PMS), also known as petrol from N148. 50 per liter to N151.56 per litre. Mr Ayuba Wabba, NLC President told Newsmen while reacting to the increase...

PPMC announces N151.56 ex-depot price for petrol

By Edith Ike-Eboh Abuja, Sept. 2, 2020 The Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporations (NNPC), has announced a new ex-depot price of N151.56k for premium Motor Spirit (PMD) also known as petrol. It disclosed this in a memo...

Ashrami Synergy moves to ease diesel supply to customers

By Solomon Asowata Lagos, Aug. 31, 2020 Asharami Synergy, a Sahara Group Downstream Company, has inaugurated the “value for money” campaign to give all classes of customers and consumers convenient access to safe, reliable, and top-quality diesel. A statement signed by Mr Foluso Sobanjo, Acting...

DPR warns against use of cell phones at petrol stations

By Victor Adeoti Osogbo, Aug. 24, 2020 The Department of Petroleum Resources (DPR) has warned motorists to desist from using mobile phones while refueling at filling stations to prevent fire outbreak. Mr Olusegun Daboh, DPR’s Operation Controller in Osun, told newsmen in Osogbo on Monday,...

Consumers in Taraba, Edo, Sokoto state paid more for kerosene in July, Reports reveal

The National Bureau of Statistics (NBS) said the average price per litre paid by consumers for National Household Kerosene increased by 0.44% month-on-month and by 6.17% year-on-year to N335.54 in July 2020 from N334.08 in June 2020. The bureau said the average price per gallon...
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