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Maritime

Era of Fuel Scarcity is Gone for Good, Says NNPC GMD

The Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, on Saturday assured Nigerians that the era of fuel scarcity is gone for good. Receiving the Man of the Year Award from Nigeria NewsDirect newspaper, the NNPC GMD said that the corporation had learnt a great lesson …

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Crude Oil Price Hits $70

Oil prices jumped on Friday, with Brent crude futures hitting their highest in more than two weeks as U.S. stock prices rose. Investors covered short bets ahead of a weekend in which the U.S. news programme “60 Minutes” will air an interview with Saudi Arabia’s crown prince. Brent futures rose …

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IPMAN urges NNPC on steady supply of petroleum products

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Wednesday urged the Nigerian National Petroleum Corporation (NNPC) to intensify the distribution of petroleum products to Western depots, to address shortage in the hinterlands. Alhaji Debo Ahmed, Chairman, IPMAN Western Zone, made the appeal in Lagos, against the backdrop of the …

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Seme Customs Command collects N1.07bn revenue in two months

The Seme Command of the Nigeria Customs Service (NCS) on Thursday said it collected N1.07 billion in the first two months of 2018. A statement by the command’s Spokesman, Taupyen Selchang, in Lagos said the amount was N28 million lower than the command’s expected revenue target of N1.35 billion. The …

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NO CRISIS IN NUPENG

PRESS RELEASE The Nigeria Union of Petroleum & Natural Gas workers (NUPENG) has debunked alleged insinuations of tenure elongation of its National Executive Council as reported in some national dailies. The Union states that there is no iota of truth in it, as the union is working assiduously to conduct …

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