Adeyanju listed some members of the collation supporting deregulation of the oil sector as Stand up Nigeria, Centre for Leadership Development, National Youth Council of Nigeria and Arise Nigeria
Browsing: petrol
Four years later, President Buhari officially removes fuel subsidy. Millions of Nigerians are angry. Nigerians are understandably accusing the present administration of cowardice, deception and hypocrisy. This may be true
“Twenty import vessels laden with a total volume of 830.1 million litres have been confirmed to arrive in the month of April, 2016 for NNPC.”
It added that the NNPC and marketers vessels were currently discharging at various Depots and Jetties nationwide
It will be recalled that the Minister of State for Petroleum Resources, Dr. Ibe Kachickwu, had on March 29 assured Nigerians that the persistent petrol scarcity will end by April 7
It was gathered that in the process of avoiding severe impact with the truck, which was involved in dangerous overtaking, the Camry knocked down a passerby who fell and sustained leg injury
He said: “We have held series of meetings with owners of filling stations in the territory on the risk in discharging fuel during the day time, especially during the dry season
They claimed that depot owners at Apapa sold petrol to them at N92 per litre against the official depot price of N77 per litre approved by the government
Despite the public holidays, over 22 million litres of petrol was trucked-out nationwide within the last 24 hours, with a bulk of the volumes hauled to fuel stations in the countryside to ensure adequate product penetration
Korodo said the traffic gridlock would have been checked if the Nigerian National Petroleum Corporation was using over the 50 private depots in Lagos to distribute the product
A correspondent of the News Agency of Nigeria, who monitored the situation in the area, reports that the few independent marketers selling the commodity at the approved pump price of N87 per litre are attracting long queues of vehicles as prospective buyers wait patiently for their turns to buy the commodity
The Department said it has recorded greater achievements in the enforcement of the Federal Government’s rules that “no marketer should sell above government regulated price of N87 per litre for petrol and N50 per litre for kerosene
The Chairman of the state Petroleum Consumers Protection Agency, Adeyemi Adebayo, who made this known on Monday after monitoring sale of the commodity in the state capital, said each of the affected stations would also pay a penalty of N500,000 to coffers of the state government to serve as deterrent to others
The executive secretary promised to ensure prompt processing of documents for all imported products duly brought into the country
A NAN correspondent, who monitored the situation at Ejigbo and Mosinmi depots, reports that long queues of trucks were awaiting their turns at the depots