petroleum products – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sat, 14 Nov 2020 18:39:11 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png petroleum products – InfoStride News https://www.theinfostride.com 32 32 NNPC Speaks On Increasement Of Petrol Products https://www.theinfostride.com/nnpc-speaks-on-increasement-of-petrol-products/ https://www.theinfostride.com/nnpc-speaks-on-increasement-of-petrol-products/#respond Sat, 14 Nov 2020 18:39:11 +0000 https://www.theinfostride.com/?p=274501 Following the further increase in the petrol pump price, the Nigerian National Petroleum Corporation, has cleared the air on the new increasement in petroleum products. According to the Nigerian National Petroleum Corporation, the increase of the petrol pump price from #130 to #155 was a slight increase. In a statement by the NNPC’ Group General [...]

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]]> https://www.theinfostride.com/nnpc-speaks-on-increasement-of-petrol-products/feed/ 0 CNPP backs Labour and Students, vows to resist N5 Fuel Tax https://www.theinfostride.com/cnpp-backs-labour-and-students-vows-to-resist-n5-fuel-tax/ Mon, 05 Jun 2017 21:20:19 +0000 http://www.theinfostride.com/?p=167211 The Conference of Nigeria Political Parties (CNPP) has thrown its weight behind Nigeria’s organised labour over planned increment of prices of petroleum products, accusing the National Assembly of taking more anti-people decisions than resolutions that could better the lives of the already impoverished masses of Nigeria. “We assure the Senate and the federal government that [...]

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]]> Court Setenced 20 Oil Thieves To Six Years Jail Terms https://www.theinfostride.com/court-setenced-20-oil-thieves-to-six-years-jail-terms/ Tue, 03 May 2016 09:14:47 +0000 http://www.theinfostride.com/?p=127277 The Federal High Court sitting in Ikoyi, Lagos last week through Justice Ibrahim Buba convicted twenty persons for illegal dealing and storage of petroleum products. The convicts are Captain Daniel Lebile, Ala Ibanibo, Wole Ajayi, Adesunloye Fani-Kayode, Michael Mgbanwa, Segun Ekundemi, Johnson Mashebinu, Ndidi Benjamin, Bright Nwaezuoke, Blessing Omoviye and Kayode Ireti. Others are Chuks Isiwepkweni, Friday Nchikpa, Peter [...]

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]]> DPR Sealed Five Petrol Stations In Warri, Delta State https://www.theinfostride.com/dpr-sealed-five-petrol-stations-in-warri-delta-state/ Sat, 09 Jan 2016 12:27:16 +0000 http://www.theinfostride.com/?p=117669 Five petrol stations in Warri and environs was yesterday sealed by the Department of Petroleum Resources (DPR), Warri Zonal Office for various offences. The stations were sealed for hoarding and over pricing of petroleum products. The affected stations which are Jaak Nig Ltd, Fomas Marine & Engineering Service Ltd and Conoil were punished for hoarding of fuel. Also, [...]

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]]> Fuel Scarcity: NUPENG Promises To Make Petrol Available Soon https://www.theinfostride.com/fuel-scarcity-nupeng-promises-to-make-petrol-available-soon/ Mon, 28 Dec 2015 13:54:58 +0000 http://www.theinfostride.com/?p=115694 The National Union of Petroleum and Natural Gas Workers (NUPENG) today says that petrol would soon be available in filling stations across Nigeria. The South-West Chairman of the union, Mr Tokunbo Korodo, told our report in Lagos there had been improvement on loading of petroleum at the depots in Lagos. He observed that Nigerians would appreciate the [...]

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]]> NLC Condemns FG’s Move To Increase Electricity Tariff, Reintroduce Toll Gates https://www.theinfostride.com/nlc-condemns-fgs-move-to-increase-electricity-tariff-reintroduce-toll-gates/ Thu, 24 Dec 2015 22:37:05 +0000 http://www.theinfostride.com/?p=115080 Nigeria Labour Congress (NLC) on Wednesday kicked against the Federal Government’s move to increase electricity tariff, pump price of petroleum products, and reintroduce toll gates on federal highways. A communiqué signed by NLC President Ayuba Wabba and the General Secretary Dr. Peter Ozo-Eson, said the 45% upward increase in electricity tariff with the challenges in the economy would adversely [...]

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]]> NNPC Reveals Pump Price May Fall Below N87/Litre By First Quarter Of 2016 https://www.theinfostride.com/nnpc-reveals-pump-price-may-fall-below-n87litre-by-first-quarter-of-2016/ Sat, 19 Dec 2015 07:56:36 +0000 http://www.theinfostride.com/?p=113804 The Nigerian National Petroleum Corporation (NNPC) has revealed that the pump price of petrol may sell for less than the current official price of N87/litre before the end of the first quarter of 2016. The announcement is coming on the heels of the Kaduna Refining and Petrochemical Company (KRPC) resuming production of petroleum products beginning [...]

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]]> NPA Discloses 31 Ships Laden With Petroleum Products, Foods Arrive Lagos Ports https://www.theinfostride.com/npa-discloses-31-ships-laden-with-petroleum-products-foods-arrive-lagos-ports/ Tue, 15 Dec 2015 22:59:46 +0000 http://www.theinfostride.com/?p=112922 Nigerian Ports Authority (NPA) has disclosed that thirty-one ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island Ports in Lagos between Tuesday and Jan. 1. NPA made this known in its daily publication, Shipping Position, a copy of which was made available to newsmen on Tuesday [...]

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]]> NUPENG Promises To End Fuel Scarcity Before Christmas https://www.theinfostride.com/nupeng-promises-to-end-fuel-scarcity-before-christmas/ Sat, 12 Dec 2015 20:27:18 +0000 http://www.theinfostride.com/?p=112288 National Union of Petroleum and Natural Gas Workers (NUPENG) is assuring that the current fuel scarcity will soon come to an end. The South-West Chairman of the union, Alhaji Tokunbo Korodo, disclosed in Lagos yesterday that massive loading of petroleum products is ongoing in different depots in Lagos and other parts of the country. Minister of Finance, [...]

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]]> Investigate Lingering Petrol Crisis, Reps Mandate Committees https://www.theinfostride.com/investigate-lingering-petrol-crisis-reps-mandate-committees/ Thu, 10 Dec 2015 14:04:23 +0000 http://www.theinfostride.com/?p=111672 Nigeria’s House of Representatives on Wednesday mandated its Committees on Petroleum Resources, Upstream, and Downstream, to investigate the lingering crisis in the supply of petroleum products in the country. This followed a motion moved by Rep. Omoregie Ogbeide-Ihama (PDP-Edo) which was unanimously adopted. Leading the debate, Ogbeide-Ihama said that Nigerians were experiencing difficulties because of persistent [...]

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]]> IPMAN Proffers Solution To Fuel Scarcity In Nigeria https://www.theinfostride.com/ipman-proffers-solution-to-fuel-scarcity-in-nigeria/ Mon, 30 Nov 2015 22:08:00 +0000 http://www.theinfostride.com/?p=109751 The Independent Petroleum Marketers Association of Nigeria (IPMAN) yesterday urged the Federal Government to decentralise loading of petroleum products to make for effective loading at depots across the country. “The government approach, where marketers across the country are expected to load petroleum products from only depots in Lagos state, is counter-productive,” Chief Lawson Obasi, national [...]

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]]> NPA Update: 41 Ships Carrying Petroleum Products And Food Items To Arrive At Lagos Ports https://www.theinfostride.com/npa-update-41-ships-carrying-petroleum-products-and-food-items-to-arrive-at-lagos-ports/ Fri, 27 Nov 2015 23:58:30 +0000 http://www.theinfostride.com/?p=109438 Forty one ships carrying petroleum products, food items and other goods are expected to berth at the Apapa and Tin-Can Island Ports in Lagos from today, Friday, till December 18. The Nigerian Ports Authority (NPA) stated this in its daily publication – ‘Shipping Position’, – a copy of which was made available to newsmen on Friday [...]

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]]> Nigerian Senate Gives NNPC Two Weeks To End Fuel Scarcity https://www.theinfostride.com/nigerian-senate-gives-nnpc-two-weeks-to-end-fuel-scarcity/ Fri, 27 Nov 2015 11:50:52 +0000 http://www.theinfostride.com/?p=109129 The Nigerian National Petroleum Corporation (NNPC) and all the agencies under the Ministry of Petroleum Resources has just two weeks to end petroleum products’ scarcity in the country. This is according to the Senate which gave the order on Thursday. The red chamber also said notable sharp practices including discrepancies in prices of petroleum products, [...]

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]]> Fuel Subsidy Is Killing Nigeria’s Economy – Onukeme https://www.theinfostride.com/fuel-subsidy-is-killing-nigerias-economy-onukeme/ Sat, 21 Nov 2015 21:35:58 +0000 http://www.theinfostride.com/?p=108160 An oil magnate, Chief Tony Onukeme, has urged the Federal Government to remove all forms of subsidy on petroleum products. Chief Onukeme made the call in Awka, Anambra State on Friday. He said the subsidy regime had contributed greatly to the underdevelopment of the nation’s oil sector and had led to the starvation of other [...]

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]]> PENGASSAN Determined To Resist FG, Oil Companies Plan To Downsize https://www.theinfostride.com/pengassan-determined-to-resist-fg-oil-companies-plan-to-downsize/ Sun, 15 Nov 2015 16:46:13 +0000 http://www.theinfostride.com/?p=107317 The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has vowed to resist any form of downsizing in the industry by the federal government and International Oil Companies (IOCs). While declaring it is not averse to removal of subsidy on petroleum products, PENGASAN said it will not back any policy that will have [...]

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]]> This Is The Right Time To Remove Fuel Subsidy – Professor Ezigbo https://www.theinfostride.com/this-is-the-right-time-to-remove-fuel-subsidy-professor-ezigbo/ Sun, 08 Nov 2015 11:57:35 +0000 http://www.theinfostride.com/?p=106566 Managing Director of Falcon Petroleum Limited, Professor Joseph Ezigbo has said now is the right time for the government to remove subsidy on petroleum products. “I think it is something that needs to be done now but it requires both the political and economic will. The turning point is highest now from every group and [...]

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