Tag: Fuel

  • Aero Contractors shuts down operations

    Aero Contractors shuts down operations

    The management of Aero Contractors Company Nig. Ltd., said it would temporarily suspend scheduled passenger services operations from Wednesday.

    This is contained in a statement issued by the company and made available to newsmen in Lagos on Monday.

    According to the statement, the suspension does not affect Aero’s other businesses.

    ”These businesses are not suspended; the Approved Maintenance Organisation otherwise known as AeroMRO; the Approved Training Organisation also known as Aero Training School or the Helicopter and Charter Services operations”, it said.

    The statement read, “Due to the impact of the challenging operating environment on our daily operations, the management of Aero Contractors Company of Nig. Ltd. wishes to announce the temporary suspension of its scheduled passenger services operations with effect from Wednesday, July 20, 2022.

    “This does not in any way affect the maintenance activities of the Approved Maintenance Organisation known as AeroMRO, the Approved Training Organisation also known as Aero Training School, the Helicopter and Charter Services operations.

    “This decision is carefully considered and taken due to the fact that most of our aircraft are currently undergoing maintenance, resulting in our inability to offer a seamless and efficient service to our esteemed customers.

    “We are working to bring these aircraft back in the next few weeks, so we can continue to offer our passengers the safe, efficient and reliable services that Aero Contractors is known for, which is the hallmark of Aero Contractors Company Nigeria Ltd,” it said.

    The management said in the statement that the past few months had been challenging for the aviation industry and the airline operators in particular.

    It said that the challenges include; high cost of maintenance, skyrocketing fuel prices, inflation and forex scarcity resulting in high foreign exchange rates.

    It noted that the management was working assiduously to return to service as quickly as possible.

    The statement assured the esteemed customers and stakeholders of management’s determination, saying that that its short absence would not create any major void in the market.

    ”We are coordinating with our business partners to ensure minimum discomfort to ticket holders.

    “As members of Spring Alliance (a commercial alliance with member airlines providing mutual support in the area of operations), we are liaising with our partner airlines to minimise the impact on our esteemed customers.

    ”Our customer service team will be working to help affected esteemed customers reach their destinations, ” the management said.

    The announcement is coming a month after the airline operators at a public forum stated that three of their members might cease operations.

    Their reasons include unavailable and high prices of Jet-A1, amongst other challenges airlines have had to face this year alone.

  • Fuelmetrics launches Gensys- solution for fuel monitoring, control

    Fuelmetrics launches Gensys- solution for fuel monitoring, control

    A Lagos-based leading automation and control solutions provider in Africa, Fuelmetrics Limited has developed Gensys – a solution for tracking and managing consumption of fuel.

    According to a statement released on Wednesday by the company’s Head of Marketing, Folake Opanubi, the Gensys solution was designed to help users easily identify gaps in fuel consumption and put in place adequate measures for system check.

    “Fuel management and consumption is increasingly becoming an issue of concern in Nigeria. From the constant hike in prices to the shortage in power supply to mismanagement and pilferage within systems and organizations, household and enterprises are constantly complaining about how pocket draining this can be.

    “Gensys, an off shoot of Fuelmetrics’ flagship product, Epump, has been specially built to empower facility and resident owners that make use of generator tanks to adequately monitor their fuel delivery and consumption process with ease,” the statement read in part.

    Explaining how the Gensys solution can be launched for use, the company said an Automatic Tank Gauge (ATG) will first be installed in the tank to take stock of available product.

    “To launch the Gensys solution, an ATG (Automatic Tank Gauge) probe is installed in the tank to take stock of the available product, and a Console in the utility office for management.

    “The system then captures the fuel storage volume and temperature in tank in real-time and transmits to the cloud via the Console on site. Data collated is accessible anytime from anywhere on the web- based dashboard or through downloadable reports to ensure accurate information at the disposal of the customer.

    “In addition, customers can order for fuel on the Gensys platform from credible fuel suppliers and delivered to them. They can track the price and delivery status of their order through real-time data, and get a detailed insight into their consumption process.

    “The Gensys solution is indeed one of its kind as it offers clear cut transparency with fuel consumption which empowers customers to run their business with better efficiency,” the statement concluded.

  • ‘Prepare for worst fuel scarcity,’ marketers warn Nigerians

    ‘Prepare for worst fuel scarcity,’ marketers warn Nigerians

    What Nigerians are seeing in the last few days as fuel scarcity may turn out to be a child’s play when compared to what is to come.

    The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked Nigerians to prepare for the worst fuel crisis in the nation’s history.

    But to avoid this, IPMAN has asked the Federal Government to prevail on the Nigerian Midstream and Downstream Petroleum Regulatory Authority to pay its members their outstanding bridging claims amounting to over N500 billion.

    IPMAN chairman in Kano State, Bashir Danmalam, made the remarks while addressing a news conference in Kano State on Monday.

    ALSO READ: Fuel scarcity: Long queues resurface in Abuja

    He said the failure of the NMDPRA to pay the the bridging claims, otherwise known as transportation claims, had forced many of its members out of business as they couldn’t transport the commodity due to high cost of diesel.

    Danmalam lamented that non-payment of the claims by NMDPRA for over eight months had crippled the businesses of many of their members as they couldn’t transport the commodity even though it was available, thenewsguru.ng has learnt.

    In his words, “NMDPRA is responsible for the payment of bridging claims otherwise known as transportation claims.

    He started that failure of the NMDPRA to pay the outstanding claims for about nine months, many marketers cannot transport the product because their funds are not being paid.

    He said however that despite the high price of diesel, they manage to supply the petroleum products nationwide.

    Thenewsguru.com quotes him as saying further that; “The resurfacing of fuel queues in Abuja is just a tip of the iceberg with regard to the petroleum scarcity.

    “Out of 100 per cent, only five per cent of the marketers can supply the petroleum products because of the failure of NMDPRA to pay them.”

    He noted that after the amalgamation of DPR, PEF, and PPRA to NMDPRA, the agency had paid them only two times.

    Danmalam, therefore, called on the Federal Government to intervene before the situation degenerated into a serious fuel crisis and spread to other parts of the country.

    “As leaders, we have to come out to say the truth because our members are suffering from the failure of the agency to pay the fund. This Petroleum Equalisation Fund is our own money we contribute to each litre. This agency is doing more harm than good to us,” Danmalam said.

    He said Nigerians should not blame their members for the fuel scarcity but rather ascribe it to NMDPRA.

    According to him, IPMAN is not agitating for a transportation fee increase, “we are only clamouring for payment of our bridging claims that is over N500 billion.”

  • Fuel scarcity: Long queues resurface in Abuja

    Fuel scarcity: Long queues resurface in Abuja

    Most filling stations in Abuja have been shut down following scarcity of Premium Motor Spirit (PMS), popularly known as petrol.

    The situation has caused long queues of vehicles at various filling stations in the Federal Capital Territory (FCT), Abuja.

    A correspondent who monitored the petrol supply situation in Wuse, Gwarimpa, Wuye and Kubwa areas of Abuja reports that long queues had resurfaced with most fueling station not selling to motorists.

    A private car owner, Mr Alex Udoh, told NAN that the queue resurfaced on Saturday and all his efforts to buy fuel failed.

    Udoh urged government to find lasting solution to the lingering fuel scarcity because of its adverse effect on the national economy.

    He also called on all relevant authorities to maintain peace and order in filling stations and curb black marketing spots.

    “I do not know the reason for the scarcity again and it is annoying,” said the motorists.

    A taxi driver, Malam Yakubu Umar, said he had been at the petrol station for over five hours waiting to buy the product.

    “I bought black market yesterday and I did not make any profit,” he lamented.

    None of the filling station operators responded to enquiries on the sudden scarcity of the product.

    The Nigeria National Petroleum Company (NNPC) is also yet to explain the cause of the scarcity and efforts to restore normalcy in the industry.

  • BREAKING: Lagos socialite jailed 2 years for using fuel as souvenir

    BREAKING: Lagos socialite jailed 2 years for using fuel as souvenir

    A Lagos State Special Offences (Mobile) Court sitting at Oshodi has sentenced a socialite, Ms Chidinma Ogbulu, to two years in prison for distributing petrol as a souvenir during a party.

    Chief Magistrate Kehinde Ogundare convicted and sentenced the socialite following her guilty plea on Thursday and evidence by prosecution.

    Ogundare held that prosecution proved its case against the socialite beyond any reasonable doubt, according to a statement from Lagos State Ministry of Justice on Friday.

    The socialite was first arraigned on March 14 for distributing petrol as souvenir during her installation party on March 5 at Havillah Event Centre in Lagos State.

    She pleaded not guilty then, but changed her plea to guilty on Thursday when the case came up for hearing.

    Ogundare sentenced the socialite to three months’ imprisonment or fine N15, 000 fine on count one of the three-count charge, and one year imprisonment or N500,000 fine on the second count.

    The chief magistrate sentenced the socialite to one year imprisonment or N500,000 fine on the third count.

    According to Lagos State Government, the socialite violated Section 251(1), 168 (1), 244 of the Criminal Law of the state, 2015, and Section 195 (2)(b) of the Environmental Management Protection Law of the state, 2017.

  • Buhari endorses plan to end fuel scarcity in Nigeria

    Buhari endorses plan to end fuel scarcity in Nigeria

    President Muhammadu Buhari has endorsed a plan to conclusively end the fuel scarcity in the country, a presidency official has said.

    The official, who disclosed this on Sunday in Abuja, said the plan would ensure that incidence of fuel scarcity does not occur again.

    He said that in a matter of days, virtually every state in the country would have returned to a very low queue situation at filling stations or a complete return to normalcy.

    The source said the plan, which was presented to the Federal Executive Council (FEC) last week, had been signed off previously by the president before he left the country last Sunday.

    The plan, according to the source, had clear goals that included a conclusive determination on the initial cause of the scarcity with attendant consequences imposed.

    “The plan is designed to do everything necessary to end the scarcity quickly and hold those responsible for it in the first instance responsible so as to avoid a repeat,” he said.

    What used to be a recurring decimal of fuel scarcity had been reduced to the barest minimum by the Buhari administration until the recent case of adulterated petrol.

    The plan drawn up by NNPC executives, however, had won the endorsement of the president and the praise of Vice President Yemi Osinbajo, especially because of the 24-hour round the clock operations.

    24-hour sales in major supply centers in the country and 24-hour continuous loading at all depots coordinated personally by NNPC Group Managing Director, Mr Mele Kyari, with the active participation of the Director-General of the DSS, Alhaji Yusuf Bichi, are ongoing.

    The 24-operations also have an enforcement element with monitoring teams “to prevent any act of sabotage and ensure smooth operations.”

    That 24 hour operations also included the direct participation and support of members of the Major Oil Marketers Association of Nigeria, Independent Petroleum Marketers Association of Nigeria and private depot owners.

    By the end of the previous week, the source said the country had over one billion litres of petrol stock equivalent to about a month sufficiency based on the 60 million litres per day evacuation.

    He said Lagos and Warri/Oghara loading zones hold the highest land stock of petrol with over 200million litres and over 100 million litres respectively, with the balance of the stock held as Marine Stock.

    According to the source, the endorsed plan also maintains the high evacuation rate which is the total amount of stock supplied until such a time that the distribution situation is normalised.

    By the middle of the previous week, a National Filling Stations Queue Map presented to the presidency and at FEC indicated that fuel supply had returned to normal in the four states of Bayelsa, Akwa Ibom, Cross River and the FCT.

    In another six states- Oyo, Osun, Lagos, Imo, Abia and Ebonyi–there were very small queues with mostly about 10 cars at a time.

    It also indicated that in 13 states there were medium queues of maximum of 50 vehicles.

    Those states were Delta, Rivers, Anambra, Edo, Ekiti, Kogi, Nasarawa, Bauchi, Kano, Ogun, Ondo, Sokoto and Zamfara.

    In the rest of the 14 states, there were still high queues of above 50 cars at a time in the filling stations as at the middle of last week.

    “The most important thing to the presidency is that this scarcity is quickly ended and a recurrence firmly avoided in the future.

    “This now seems certainly possible,” the official said.

  • Nigerians react to distribution of fuel as souvenir at party

    Nigerians react to distribution of fuel as souvenir at party

    Nigerians have reacted to the Federal Fire Service, FFS, who said that the act of distributing fuel as sourvenir at a party is highly condemnable.

     

    The FFS on Twitter said, “how on earth will someone use an inflammable liquid like petrol as souvenir?, thereby endangering the lives of those at that event. This act is highly condemnable.”

     

    According to Ahmad Salisu, “are you talking about safety? Where were you when fuel station and gas station were build within a residence area without proper fire alarms, extinguisher, sand and even blanket?”

     

    Adenrele Babatunde noted that, “it is not within their jurisdiction that fuel station or gas station are built around residential areas. The problem is from state govts granting approval of such. Then greed of owners of such buildings because of money they sold houses that’s been erected for years to highest bidder.”

     

    However, Ejiofor Onyishi, asserted that, “the person has forgotten to consider the danger involved in his actions because of fuel scarcity within that period in a country that have crude oil but can’t fix any of their refineries bc of corruption, leadership failure is the problem of Nigeria, get your PVC enough is enough.”

     

    Kamsy Okoye, opined that “this is as a result of the laxity in your system. Not coming on Twitter ranting. Your impact is rarely felt when it comes to safety concerns. Fix your system and empower your staff.”

     

    Mbonu Patrick, on his part, stated: “What is the difference between keeping fuel at home and serving it as souvenir. Until the right things are done, this question will still come up in 20 years from today.”

     

    Recall that the host of the Lagos party where fuel was distributed as souvenir, Pearl Chidinma Ogbolu, had explained that she only wanted to show appreciation to guests who turned up for her chieftaincy installation ceremony, despite the hard times caused by fuel scarcity.

     

    Taking to her Instagram account on Saturday where she shared a statement, she also apologized for her action which she described as ‘momentary indiscretion.

     

    Ogbolu wrote: “I want to use this medium to apologize for the momentary indiscretion of bringing fuel souvernirs into the hall.

     

    “My intent was just to show appreciation to my guests for turning up at my event at these hard times.

     

    “I have paused to reflect and truly apologize and I thank you all for your understanding and criticisms.”

     

    The state government, in a reaction on Saturday, through the Commissioner of Information and Strategy, Gbenga Omotoso, said the development will be investigated.

     

    He pointed out that having jerrycans of petrol as souvenirs is a dangerous development which contradicts safety standards and is capable of causing harm to lives and property.

     

    Omotoso added that the safety of the people of Lagos remains a top priority to Governor Babajide Sanwo-Olu.

  • Petrol being dispensed at the various filling stations in the country is safe – NNPC

    Petrol being dispensed at the various filling stations in the country is safe – NNPC

    “As of today, NNPC has over one billion litres of petrol in stock and the petrol
    being dispensed at the various filling stations in the country is safe,” the Nigerian National Petroleum Company (NNPC) announced on Tuesday in Abuja.

    NNPC Group Executive Director (Downstream), Mr Adetunji Adeyemi, noted that in order to accelerate PMS distribution across the country, the company has commenced 24 hours operations at its depots and retail outlets nationwide.

    Adeyemi revealed that NNPC has several million litres of petrol in stock, adding that they were expecting about 2.3 billion litres of petrol in the country by the end of the month.

    He stated that the retail outlets of major oil marketers have also commenced 24 hours service to ensure that more motorists were attended to daily.

    Adeyemi added: “To address the (fuel scarcity) situation, over 2.3 billion litres will arrive in the country between now and the end of February 2022,” the NNPC group executive director said.

    “This will restore sufficiency level above the national target of 30 days. As of today, NNPC has over one billion litres of petrol in stock and the petrol being dispensed at the various filling stations in the country is safe.

    “Furthermore, NNPC has constituted a monitoring team with the support of the authority and other security agencies to ensure smooth distribution of petrol nationwide.”

  • It‘ll take another two weeks for supply of petrol to normalize-  IPMAN warns

    It‘ll take another two weeks for supply of petrol to normalize- IPMAN warns

    The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned that it would take another two weeks for the supply of Premium Motor Spirit, also known as gasoline or petrol, to normalize.

    Adding: “No inland depot has received clean petrol that would boost supply to filling stations.”

    IPMAN Public Relations Officer, Chief Chinedu Ukadike, on Monday, said the Federal Government was yet to improve supply.

    In his words: “Nothing much has changed in the last few days, the issue is that up till now we have not seen the intervention of the NNPC based on evacuating these products (bad fuel) from some of our stations. Some marketers are trying to see if they can get new products and blend them to see if they can move.

    “Marketers’ capitals have been tied down and the bad product is also occupying their storage tank and that is why you are seeing some skeletal services. Some also have their tanks quarantined, so it is not easy.

    We have been expecting products in the inland depots like the Port Harcourt Refinery depot but up till now, no product has been received. These things happen. Once there is a break in the supply chain it will take some time to fix.

    “Forget what people are saying it will take one-two to three weeks to fill in the gaps. It is talking about evacuating and replacing, it is not just about the shortage, it is also about evacuating and replacing.”

    According to him, Port Harcourt has not witnessed the acute shortage being experienced in many parts of the country.

    He said most of the marketers who have placed orders have not received supply.

  • NNPC assures Nigerians of sufficient PMS stock

    NNPC assures Nigerians of sufficient PMS stock

    The Nigerian National Petroleum Corporation Ltd. (NNPC) has assured the public that the Company has sufficient stock of Premium Motor Spirit (PMS), otherwise known as petrol, to meet the needs of Nigerians.

    Mr Garba Muhammad, Group General Manager, Group Public Affairs Division of NNPC, gave the assurance in a statement on Wednesday.

    Muhammad, therefore, advised the public not to engage in panic buying of petrol and to ignore all rumours that may suggest otherwise.

    “In line with the existing laws of the land, NNPC Ltd. is deeply committed to ensuring energy security for the country,” the group general manager said.