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Fuel Can Sell Below NNPCL Rate, Says IPMAN

NNPC quietly approves petrol pump price hike to N179/litre

Independent oil marketers have stated that they could sell premium motor spirit, fuel, below the rate it is being sold in Nigerian National Petroleum Company Limited retail stations if they get the product directly from NNPCL.  The National President of …

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Lekki Port Assures Users Of Improved Operations

The management of Lekki Port and Lekki Freeport Terminal have assured maritime stakeholders of quality service delivery. According to a statement on Monday, the duo gave the assurance during the 2024 Roadshow organised by Lekki Port and Lekki Freeport Terminal, …

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Ports Need Urgent Reconstruction, Reps Tell FG

Truckers accuse NPA of safety compromise

The House of Representatives Committee on Ports and Harbours has called on the Federal Government to urgently reconstruct ports in the country. The Chairman of the committee, Nnolim Nnaji, gave the commendations recently, during a press conference to mark the …

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Customs, NIWA To Partner On New Jetties

Adewale The Nigeria Customs Service is planning to collaborate with the National Inland Waterways Authority to construct modern jetties. This was according to the NCS Comptroller General, Adewale Adeniyi, who spoke recently in Lagos during the 2024 International Customs Day celebration themed …

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Dangote Refinery To Export Two Fuel Cargoes – Report

A Modular refinery The Dangote Petroleum Refinery has issued tenders to sell two fuel cargoes for export, the first from the newly commissioned refinery, trading sources with knowledge of the matter told Reuters. Nigerians have been eagerly looking forward to …

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Minister Seeks More Investments In Gas Sector

Heineken Lokpobiri The Minister of State for Petroleum Resources, (Oil), Heineken Lokpobiri, has called for more investments to explore Nigeria’s “enormous” gas reserves. Lokpobiri made this call Tuesday at the 8th edition of the Sub-Saharan Africa International Petroleum Exhibition and …

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NPA Defends Fees Collection In Dollars

Truckers accuse NPA of safety compromise

The Nigerian Ports Authority has explained that it charges operators in dollars because shipping is an international business and the dollar is the globally recognised currency. The acting General Manager of Corporate and Strategic Communications of NPA, Mrs Sarah Ballah, …

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Port Workers Threaten Shutdown Over FG Planned 50% Revenue Slash

Akinola Bodunde, President of SSASCGOC The Maritime Workers Union of Nigeria and Senior Staff Association of Statutory Corporations and Government Owned Companies maritime branch have issued a warning that they will close down the country’s seaports if the Federal Government …

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Minimum Wage: Private Sector, States Fault Labour’s Push For N1m

Joe Ajaero, NLC President The organised private sector, Ekiti, Sokoto, and other states have faulted the demand by the Nigeria Labour Congress for N1m minimum wage, stating that it is not realistic. The NLC President, Joe Ajaero, in an interview …

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Nigeria Facing Worsening Economic Crisis, Says IMF

FG projects 82% of revenue for debt servicing – Report

The International Monetary Fund has said stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria. The report came amid rising inflation, exchange crisis, weak economic growth and business shutdowns. The global lender said …

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Shell supplies 475,000 barrels of crude oil to P’Harcourt refinery

Bonga attains one billion barrels oil export – Shell

The Shell Petroleum Development Company of Nigeria Limited said it has completed the supply of 475,000 barrels of crude oil to the Port Harcourt Refining Company Limited. The SPDC said this was in furtherance of the Federal Government’s commitment to …

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Eagles Clinch Silver As Cote d’Ivoire Win AFCON

Impressive Ekong named tournament MVP Two second-half goals from Franck Kessie and Sébastien Haller cancelled out William Troost-Ekong’s first-half opener as hosts Ivory Coast beat Nigeria 2-1 to win the 2023 Africa Cup of Nations on home soil on Sunday. …

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Ngolibem Ngozi

Dr. Ngozi Omambala is the Chairperson of Lagos  Chambers of Commerce and Industry (LCCI) Creative and Entertainment sector. Ngozi is also the Group Chief Executive Officer(CEO) of NMO Management & PR Limited and a seasoned club promoter and Entertainment Editor …

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CRFFN: Nwakohu Writes Minister On untimely Removal, Lobbies For Recall

Race For CRFFN Registrar/CEO Position Begins As Nwakohu’s Tenure Expires

Registrar, Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) Loyalists blackmail Minister, Acting Registrar with N90m contract Nwakohu claims official cars In a seeming unprecedented audacious move, the former Registrar/CEO of the Council for the Regulation of Freight …

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BEARS: BUA’s Deception

Port Concession: How Bello-Koko Rescued BUA Terminal From Stakeholders' Rage

When BUA Cement said it has crashed the price of Cement by selling N3, 500 as against Dangote Cement price of N5, 500, Nigerians prayed for BUA Group to remain in business. However, market survey later revealed that BUA Group …

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BULLS: CRFFN And A New Dream

In what seems like finding one’s voice, the management of the Council for the Regulation of Freight Forwarding in Nigeria(CRFFN)began a tour of the various accredited associations to seek their support for mutual existence and collaboration for greater industry. The …

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Ban On Sachet Spirits, PET Bottles Threatens N800bn Investments – MAN

25 companies affected   5.5m direct, indirect jobs at risk The Manufacturers Association of Nigeria (MAN) said the ban imposed on the production and sales of alcoholic drinks in sachets and PET bottles threatens investments worth over N800 billion. This was …

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SGF, Akume Caught In N1billion Diversion Allegation

Senator George Akume On his arrival from France on a private trip, President Bola Tinubu’s first assignment was the signing of an Executive Order, directing Nigerians to recite ‘I pledge to Nigeria My Country” at events. It was a deceit …

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EPTs: How NPA Rekindled Hope On AGOA And Intra-African Trade

The licensing of five Export Processing Terminals (EPTs) in 2022 by the Nigerian Ports Authority (NPA) was a game-changer in the nation’s drive for increased non-oil export and the export value chain which has grown in different dimensions.  Establishing and …

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Keyamo: A Daniel Comes To Judgement In Aviation Industry

By Nduka Uzuakpundu Festus Keyamo There is an ongoing fierce lobbying at the National Assembly in Abuja, about what should be the content and scope of a planned legislation that would be protective of consumer rights in the aviation industry. …

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