Uche Usim, Abuja Seven years after falling out of reckoning in the global oil freighting trade, the Nigerian National Petroleum Corporation (NNPC), on Tuesday, announced the re-entry of its subsidiary, NIDAS Shipping Services, into the international shipment of crude oil and petroleum products. Consequently, NIDAS would optimise right of first refusal offer in the NNPC […]
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petroleum products
FG’s unpaid subsidy arrears affecting our operations —Marketers
Lagos—Depot and Petroleum Products Marketers Association, DAPPMA, said, yesterday, that unpaid subsidy arrears of over N650 billion by the Federal Government posed huge financial challenges to the downstream operations.
Continue reading FG’s unpaid subsidy arrears affecting our operations —Marketers at Vanguard News. …
Oil marketers beg FG to settle N130.7bn subsidy arrears
One of the major challenges the Nigerian downstream petroleum sector is still facing is the non-payment of the long standing fuel subsidy to oil marketers. Adewale Sanyaolu The Major Oil Marketers Association of Nigeria (MOMAN) has appealed to the Federal Government to come to its aid by settling in full, the N130.7 billion subsidy arrears […]
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34 ships carrying various goods expected at Lagos ports
NAN The Nigerian Ports Authority (NPA) is expecting 34 ships to bring petroleum products, food and other goods from Sept. 21 to Sept. 30 at the Apapa and Tin Can Island Ports. The News Agency of Nigeria (NAN) reports that eight of the 34 ships will sail in with petrol. READ ALSO NAPTIP nabs Sweden-based Nigerian, […]
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Petroleum products import dip by 15.3% in Q2’18
Blockchain technology to slash PMS, others by 10.5%
32 ships laden with petroleum products, food items due in Lagos ports
Customs seizes 174,015 litres of petroleum products valued N27m ―Official
MR Joseph Attah, Public Relations Officer, Nigeria Customs Service (NCS) says the Service seized 174,015 litres of petroleum products valued at about N27 million in 2017. Attah made this known in an interview with the […]
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