Members of Independent Petroleum Marketers of Nigeria (IPMAN) in Anambra State have threatened to shut operations following N13.6 million debt owed one of them by the Transport Company of Anambra State (TRACAS) since 2017. The body, on August 4, issued a 21-day ultimatum to the government to pay the debt […]
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Chief Innocent Chukwuma, Chairman/CEO, Innoson Vehicle Manufacturing, IVM, has revealed that his company only imports engine and light, as all the electrical aspects and other equipment are sourced in-country. Innoson said this when Chairman/Group CEO of Oilserv Group, Dr. Emeka Okwuosa, commended IVM during the tour of the manufacturing plant […]
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The downstream subsidiary of the Nigerian National Petroleum Corporation (NNPC), Petroleum Products Marketing Company (PPMC) has fixed the ex-depot price of premium motor spirit, known as petrol, at N138.62 per litre. The PPMC disclosed this in a memo signed by its Manager, Sales, Mohammed Bello, in Abuja on Tuesday. The […]
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) South West zone, on Sunday threatened to stop further lifting of petroleum products in all the Southwest depots over what it referred to as unfavourable increment in the prices of petroleum products. The IPMAN Southwest chairman, Alhaji Dele Tajudeen, who issued the […]
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The Nigerian National Petroleum Corporation (NNPC) has announced new appointments and redeployments in the National Oil Company, as part of ongoing efforts to strengthen and reposition NNPC for greater efficiency, transparency and profitability in line with the Next Level Agenda of President Muhammadu Buhari’s administration. Mr. Adokiye Tombomieye, the Group […]
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…As Gas Explosion kills 5 members of a family in Nekede Imo State Government has condemned the indiscriminate siting of Patrol and Gas stations in residential areas of the state. The Deputy Governor, Prof. Placid Njoku made the condemnation at the site of Tiengo Gas station in Umuoma Nekede where […]
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Amidst heavy rain, the Deputy Governor of Imo State, His Excellency, Prof. Placid Njoku stood in the heavy rain yesterday at Umuoma, Nekede as he inspected a gas explosion incident at The Tiengo Gas plant which claimed the lives of five Imo citizens.Decrying the painful and unfortunate incident, Prof Njoku […]
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The Joint Action Front on Thursday rejected the new pump price of petrol announced by the Nigerian Government from N123 to N143.80 per liter and demanded an immediate reversal. JAF in a statement by its Chairperson, Dr Oladipo Fashina, and Secretary, Comrade Abiodun Aremu, described the increment as a punishment […]
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President Muhammadu Buhari will on Tuesday flag off the construction of $2.8 billion Ajaokuta-Kaduna-Kano (AKK) pipeline, thus laying the foundation for the stimulation of Nigeria’s economy. A consortium of indigenous and international engineering firms will deliver the 614-kilometer gas pipeline conceived to provide the highly desired stimulus to domestic industrial […]
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The Republic of Chad has approach the federal government to help the country with electricity. While most residents in the country still lament over poor supply of electricity to their areas, the Chadian ambassador to Nigeria, Abakar Saleh Chachaimi has begged President Muhammadu Buhari‘s led government to allow for his […]
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