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Tag Archives: petrol

Shameful!!! Oil Rich Nigeria Becomes World Largest Importer Of Petrol

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, yesterday disclosed that Nigeria is the only member country in the Organisation of Petroleum Exporting Countries (OPEC) that imports petrol and is currently the largest importer of Premium Motor Spirit (PMS) in the world.

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FG removes fuel subsidy, petrol to sell for N145 per litre

The Minister of State for Petroleum Resources, Ibe Kachikwu, on Wednesday, said any Nigerian entity is now free to import petroleum products into the country, subject to existing quality specifications and other guidelines issued by regulatory agencies. Kachikwu pronouncement effectively ended the fuel subsidy regime. The minister said that all Oil marketers will be allowed to import the product on …

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Arase orders arrest, prosecution of persons selling petrol in plastic containers

 The Inspector-General of Police, Mr Solomon Arase, has ordered all Zonal Assistant Inspectors-General of Police, FCT and State Command Commissioners of Police to arrest anybody found selling petrol and other petroleum products in plastic containers. Arase gave the order in a statement issued by the Acting Commissioner of Police, ACP Olabisi Kolawole, the Force Public Relations Officer, on Tuesday in …

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