Tag: Petroleum
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APGA blames fuel scarcity on corruption, urges Buhari to appoint substantive minister
Dr Victor Oye, National Chairman of the All Progressive Grand Alliance (APGA) has blamed the current fuel scarcity in the country on corruption and confusion in country’s petroleum industry. Oye said this in an interview with TheNewsGuru (TNG) in Awka while reacting to the situation on Saturday. He said it was unfortunate that the cartel…
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Petroleum bill to be passed by March, NASS assures
Sen. Donald Alasoadura, Chairman Senate Committee on Petroleum Resources (Upstream), has assured that the Petroleum Industry Governance Bill will be passed latest in March. Alasoadura said this on Tuesday in Abuja at a plenary to discuss new legislation and policy to transform the oil and gas sector. The plenary, which held on the margins of…
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Navy seized N420 billion petroleum products in 2016 – CNS
The Chief of Naval Staff, Rear Admiral Ibok Ekwe-Ibas, on Wednesday said the Nigerian Navy seized 810,725 metric tonnes of stolen crude in 2016. He said the Navy also seized 1,078,104 metric tonnes of illegally-refined diesel and destroyed 181 illegal refineries during the same period. The Chief of Naval Staff, Ibok Ekwe-Ibas, disclosed the figures…
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DPR seals filling station in Sokoto for malpractices
The Department of Petroleum Resources (DPR),said it had sealed a filling station in Illela, Sokoto State for allegedly selling petrol above the pump price of N145 per litre. The Department’s Operations Controller in Sokoto, Mr Mohammed Makera, disclosed this to the News Agency of Nigeria (NAN) in Sokoto on Saturday. Makera said that, the axed…
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Petroleum products will soon be transported by rail
Plans are underway to transport petroleum products by rail to some parts of the country, Mr Goddy Nnadi, General Manager, Corporate Services, Petroleum Equalisation Fund (PEF), has said. Nnadi made the disclosure on Sunday in Abuja in an interview with the News Agency of Nigeria (NAN). “We are moving into something else. Our pipelines are…