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Fuel scarcity: Demolish 2,000 illegal filling stations, IPMAN tells FG

  The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advocated immediate demolition of over 2,000 identified illegal filling stations operating across the country to check the persistent scarcity of petroleum products. The Chairman of Board of Trustees of IPMAN, Alhaji...

36 ships with fuel, food item, to arrive Lagos ports

Thirty six ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin Can Island Ports in Lagos from January 11 to January 29, up from 34 ships expected on Tuesday. The Nigerian Ports...

 ‘Use green bond proceeds to develop renewable energy’

  An energy expert, Ms Ify Malo, on Thursday canvassed the need for the Federal Government to use proceeds from green bond to fund renewable energy projects in rural communities. Malo, a Director of Power for All, an international organization,  gave...

Five ships arrive Lagos ports with fuel, other commodities

 One of the five ships waiting to berth in Lagos ports carries petrol, the Nigerian Ports Authority (NPA), has said. The port’s authority made this known on Wednesday in its daily publication “Shipping Position’’ in Lagos. NPA said the remaining...

Fuel Scarcity: Ex-petroleum minister wants IPMAN licences revoked

A former Minister of Petroleum, Alhaji Umaru Dembo, on Tuesday advocated for revocation of licences granted members of Independent Marketers’ Association of Nigeria (IPMAN) to end fuel scarcity in the country. He also called for the re-introduction of major marketers...

One of 9 storage facilities functional at Ejigbo Depot, says IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has decried the situation whereby only one storage tank out of nine installed at the Ejigbo Depot was working. It appealed to the Nigerian National Petroleum Corporation (NNPC) to rehabilitate all the...

Fuel scarcity: Ex-CBN director urges FG to repair refineries

Dr Titus Okunronmu, a former Director, Budgetary Department, Central Bank of Nigeria (CBN), on Monday, advised the Federal Government to repair all the four refineries in the country. Okunronmu said in Ota, Ogun State, that revamping of the nation’s refineries...

DPR sanctions 2 filling stations for hoarding fuel in Gombe

The Department of Petroleum Resources (DPR), Gombe office, has sanctioned two filling stations: Barikidi oil Nig. Ltd. Liji  and Manullahi Global Resource, Hina for alleged sharp practices. TBI Africa reports that the incident occurred on Monday in Hinna village of...

NNPC restores Escravos-Lagos pipeline, resumes gas supply

The Nigerian National Petroleum Corporation (NNPC) on Monday said the Escravos-Lagos Pipeline (ELP), which got burnt by a fire, had been restored. A statement in Abuja by the NNPC spokesman, Mr Ndu Ughamadu, said that gas supply to customers on...

No plans to increase fuel price, says Kachikwu

The Ministry of Petroleum Resources said the Federal Government has no plans to increase the pump price of petrol (premium motor spirit). A statement issued by the of Director, Press, Ministry of Petroleum Resources, Idang Alibi, said: “The attention of...

Motorists besiege filling stations in Osogbo as petrol drops to N145

Motorists in Osogbo on Friday besieged filling stations within the metropolis which were  dispensing  petrol  at the approved N145 pump price. Our correspondent reports that the large turnout of motorists at the filling stations was informed  by the availability of...

Kachikwu debunks reports on plans to increase fuel price

Minister of State for Petroleum, Dr Ibe Kachikwu, has denied news reports that the Federal Government was planning to jerk up the pump price of petrol, at present fixed at N145 per litre. Idang Alibi, the Director of Press in...

Dealer blames marketers’ hoarding, unfair profiteering for fuel scarcity

The South-East Zonal Supervisor, Pinnacle Oil and Gas, Mrs Amaka Okonkwo, has criticised some petroleum product marketers for hoarding and unfair profiteering of the products leading to the current scarcity. Okonkwo said this while speaking to newsmen in Enugu on...

Wuhan to have 40,000 new energy vehicles by 2022

Wuhan, Capital of Central China’s Hubei Province, plans to put 40,000 new energy vehicles (NEVs) on its roads by 2022. More than 150 charging stations and more than 70,000 charging facilities would be installed. Wuhan hopes to have carbon emission below...

IPMAN commends judgment declaring Okoronkwo as President

Members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have commended Appeal Court judgment in Abuja, which declared Chinedu Okoronkwo as the national president of the Association. The marketers gave the commendation in a statement issued by their National...

PPPRA monitors petrol price in Abuja, ensures sales

The Petroleum Products Pricing Regulatory Agency (PPPRA) on Wednesday monitored filling stations in Abuja to ensure that the limit of N145 per litre was not exceeded. Most of the filling stations visited maintained the N145 price cap and there was...

DPR seals 4 filling stations in Sokoto, Kebbi States

The Department of Petroleum Resources (DPR) on Wednesday said it has sealed four filling stations in Sokoto and Kebbi States for violating operational rules. Alhaji Mohammed Makera, the Zonal Operation Controller of DPR in Sokoto, made this known to newsmen....

Tanzania increases fuel prices

Tanzania’s energy regulator on Wednesday increased the maximum price for petrol, diesel and kerosene. Tanzania’s Energy and Water Utilities Regulatory Authority (EWURA) said in Dar es Salaam that the increase was unavoidable due to rising international crude oil prices. The authority...

IPMAN urges FG to invest more in modular refineries

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday urged the Federal Government to invest more in modular refineries as a way to end fuel scarcity. The Chairman, South-west zone of IPMAN, Alhaji Debo Ahmed, gave the advice in...

Respite for Umuahia residents as fuel queues reduce

There is now respite for residents of Umuahia, the Abia State capital, following the availability of petrol in filling stations, the TBI Africa reports. TBI Africa correspondent, who monitored the situation on Tuesday, reports that a litre of fuel now sells for...

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Obasanjo successfully completes PhD programme at NOUN

Former President, Chief Olusegun Obasanjo, is among 14,771 persons expected to receive honours at the 7th convocation of the National Open University of Nigeria...