The Nigerian Midstream and Downstream Petroleum Regulatory Authority has stated that the proposed implementation of the 15 per cent of valorem import duty on imported Premium Motor Spirit and Diesel is no longer in view. According to a statement posted on social media on last Thursday, the Director, Public Affairs Department, NMDPRA, Mr. George Ene-Ita,…
The Trade Union Congress of Nigeria (TUC) has said the recent Premium Motor Spirit (petrol) pump price increase will cause social unrest in Nigeria. This was as TUC kicked against the increase in the pump price of petroleum, warning that it would worsen poverty among workers. The union disclosed this in a statement signed by…
Organised Labour and stakeholders have slammed the Federal Government following the new pump price regime of petrol also known as Premium Motor Spirit introduced on Tuesday by the Nigerian National Petroleum Corporation Limited, NNPCL. It was observed that the pump prices had jumped to over 800 Naira per litre depending on the location. Reacting to…
Human rights lawyer, Femi Falana, has called for the swift investigation of the Premium Motor Spirit (petrol) scam. Falana made this call during a news station’s politics programme, saying there is no better time to probe petrol scam than now. “It is high time the importation scam was investigated. I am not talking of the…
Oyo State Government has embarked on sensitization campaign for Park Management System (PMS) and road users in a bid to ensure compliance with traffic regulations and enhance road safety across the state. The initiative, led by the Chairman, Oyo State Road Traffic Management Authority (OYRTMA), Retired Major Adekoya Adesagba, was carried out by all Zonal…
Oil marketers have attributed this round of scarcity of Premium Motor Spirit also known as petrol, to lingering logistics challenges. This was made known by the President of the Petroleum Products Retail Outlets Owners Association, (PETROAN), Billy Gillis-Harry who was a guest on Channels Television’s Morning Brief on Monday. According to him, oil marketers are…
The Federal Government has threatened to withdraw licences of oil marketers found guilty of hoarding Premium Motor Spirit otherwise known as petrol, following the unabated scarcity in Abuja, Niger, Nasarawa, Kaduna, and many other states. Some states, especially those in the North have witnessed continuous petrol scarcity for a while now, a situation that has…
The Joint Committee of the House of Representatives carrying out a forensic investigation into the challenges affecting the downstream and midstream petroleum sectors has commenced a probe into allegations of importation of contaminated Premium Motor Spirit, also known as fuel, into the country. The committee’s Chairman, Ikenga Ugochinyere, disclosed this at the formal inauguration of…
National Coordinator, Special Operation of the Nigeria Customs Service, Comptroller Hussein Ejibunu, said the command has intercepted 23,925 litres of Premium Motor Spirit, PMS, also known as petrol in Ogun State. Comptroller Ejibunu, stated this on Thursday while addressing newsmen at the Commands headquarters in Abeokuta, on the two weeks’ activities of ‘Operation Whirlwind team….
The federal government, through the office of the Head of Civil Service of the Federation, has charged the Transformative Permanent Secretaries to prioritise the professional growth and development of staff. Speaking on Tuesday, the Head of Service, Dr Folasade Yemi-Esan, said this would help the workers remain adaptive and resilient in the face of any…