Ike Amos 30 December 2017, Sweetcrude, Lagos — The Nigerian National Petroleum Corporation (NNPC), Saturday, maintained its stance that the…
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Mkpoikana Udoma 30 December 2017, Sweetcrude, Port Harcourt — The Special Assistant to the President on Prosecution, Mr. Okoi Obono-Obla,…
30 December 2017, Sweetcrude, London — At a time when the world is moving away from fossil fuels towards renewable…
*Tasks govt on oil metering, recovery of $3.7billion outstanding revenues *Urges NNPC to give full account, status of $16.8 billion…
It also showed that $586.011 million accounted for unreconciled export sales receivables in the year under review explaining that this is as a result of previous year unexplained/unreconciled difference. “The difference may continuously be carried forward. ”
*May restrict Egina FPSO’s access to Nigerian waterways Vincent Toritseju 30 December 2017, Sweetcrude, Lagos — The Nigerian Ports Authority,…
“There is a deep-seated conflict of interest in the downstream sector; regulators are operators, regulators are importers, importers are products hoarders, regulators are also saboteurs, definitely we have a sector capture in our hands, Nigeria and Nigerians need liberation,” he remarked.
“Those marketers that have hidden products in odd locations, you better bring them out and sell to the public at N145 per liter maximum. If NNPC sold it to you at N133.28, you have sufficient margin within that ambit to be able to supply and sell to the public at maximum N145 per liter.”
He said about 24 trucks laden with petrol meant for Abuja were diverted to some states in the South Eastern part of the country, adding that the defaulting marketers have been identified and would be sanctioned accordingly.
*Insists “greedy” marketers are cause of fuel scarcity *Says marketers smuggle products out of Nigeria OpeOluwani Akintayo 30 December 2017,…