Energy

Oyo will soon commence generation, distribution of electricity – Makinde

Web News 5 June 2023 400 0

By Iyabo Adebisi Governor Seyi Makinde of Oyo state has promised to work assiduously to ensure that the state emerges first to attain energy sufficiency in the country. He said this during the commissioning of an electrification project in Olorunda Ogunsola Idi-Obi and environs in Ona-Ara Local Continue Reading

Energy

Okonjo-Iweala Recalls Nasty Experience with Vicious Fuel Subsidy Cabal (Video)

Web News 4 June 2023 800 0

This isn’t the first time the idea of petrol subsidy removal would be mooted. The Jonathan administration under which the incumbent Director General of the World Trade Organization, WTO, Dr Ngozi Okonjo-Iweala, served as Minister of Finance and Coordinating Minister of the Economy also had its fair share of mention in the saga. In fact, […]Continue Reading

Energy

Petrol price will eventually drop- NNPC

Web News 1 June 2023 319 0

The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, NNPC, Mele Kyari, on Thursday, allayed the fear of Nigerians on the rising prices of Premium Motor Spirit, known better as petrol across the country. The NNPC boss said competition among major players in the oil sector would force down the price of petrol as […]Continue Reading

Energy

NNPCL Releases New Petroleum Pump Price

Web News 31 May 2023 372 0

The Nigerian National Petroleum Ccompany Limited (NNPCL) has jerked up pump prices of petrol (PMS) by over 200 per cent bringing the price of fuel to between N488 and N557 per litre.A new pricing template purportedly sent to marketers by the NNPCL management to oil marketers late yesterday, a copy of which was obtained by newsmen, […]Continue Reading

Energy

Pump Price: Motorists Appeal to Government to Address Situation

Web News 31 May 2023 90 0

By Rotimi Famakin The Federal and State governments have been told to take urgent step that would put an end to the exploitation perpetrated by fuel marketers in the country. Some motorists in Ibadan stated this while speaking with Radio Nigeria on their experience in getting premium motor spirit otherwise known as petrol. The motorists […]Continue Reading

Energy

Do not engage in panic buying – IPMAN

Web News 31 May 2023 78 0

The Independent Petroleum Marketers Association of Nigeria, IPMAN, urged Nigerians not to engage in panic buying, saying that petrol is sufficiently available in the country. IPMAN National Public Relations Officer, Yakubu Suleiman said this on a Television programme on Wednesday. Suleiman said the deregulation of the oil sector and subsidy removal is the only way […]Continue Reading

Energy

Tinubu has not removed subsidy – Keyamo

Web News 31 May 2023 130 0

The Chief Spokesman for the All Progressives Congress Presidential Campaign, Festus Keyamo, has said President Bola Tinubu did not remove fuel subsidy. According to him, a section of the media is “mischievously twisting the narrative to read that Tinubu’s government has removed subsidy,” despite President Tinubu proclaiming that subsidy was gone while giving his inaugural Continue Reading

Energy

Ekiti IPMAN Goes Tough on Filling Stations

Web News 31 May 2023 94 0

By Kazeem Ayodeji Independent Petroleum Marketers Association of Nigeria, IPMAN, in Ekiti state have assured the state government that all filling stations in the state will open and start selling fuel at reasonable prices to the people. They gave the assurance in Ado Ekiti a during meeting with Governor Biodun Oyebanji, following sudden hoarding and hike […]Continue Reading

Energy

Avoid hoarding petroleum products – Gov. Oyebanji warns Marketers

Web News 30 May 2023 220 0

By Ogunrinde Amos Following the scarcity of petrol and long queues at filling stations in Ekiti State, Governor Biodun Oyebanji, has cautioned marketers in the state against hoarding petroleum products. The governor in a statement by his Special Adviser on Media, Mr. Yinka Oyebode, pleaded with the marketers to await further directives on the implementation […]Continue Reading

Energy

Long Queues Surface at Fuel Stations in Ibadan, Other Cities

Web News 30 May 2023 213 0

By Tawakalit Ibrahim/Adenitan Akinola/ Olajumoke Idowu Some filling stations within Ibadan metropolis have started experiencing long queues of humans and vehicles.  Radio Nigeria Premier FM reporter, who monitored the situation, observed that some of the filling stations around Apete, Sango, Mokola, Idi-Ishin Jericho, Akobo, Apata and Molete now witnessed the heavy Continue Reading

Energy

Subsidy Removal: Petrol Pump Price Skyrockets

Web News 30 May 2023 316 0

The downstream end of the Nigerian petroleum industry has gone into a frenzy as operators respond to the immediate removal of subsidy on petrol with a sharp hike in pump price just as consumers crowded to the petrol stations. Commercial transporters have also hiked their trip fares across the country in response to the developments […]Continue Reading

Energy

IPMAN Kicks Against Tinubu’s Planned Fuel Subsidy Removal

Web News 30 May 2023 637 0

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has opposed the plan by President Bola Tinubu to enforce his predecessor’s decision to remove fuel subsidy by June end. Tinubu had earlier on Monday, in Abuja, affirmed that his administration would not continue to pay subsidy on petroleum products. He said given the high opportunity cost […]Continue Reading

Energy

Osun Govt Condemns Petrol Hoarding

Web News 30 May 2023 88 0

By Funmi Adekoya Osun State government has condemned the deliberate action of petroleum marketers in hoarding the premium motor spirit, PMS, causing unnecessary hardship for the people in the State. The deliberate hoarding of fuel is sequel to the statement from the inaugural Speech of President Bola Ahmed Tinubu on the removal of fuel subsidies. […]Continue Reading

Energy

Oyo Unveils Gas Distribution Master Plan

Web News 26 May 2023 157 0

By Iyabo Adebisi Oyo State Governor, Engineer Seyi Makinde has unveiled a newly conceived gas distribution master plan in partnership with Shell Nigeria gas to create a platform for constant gas supply to the state.  He said the plan was poised to boost industrialization and generate employment opportunities.  Unveiling the gas master plan at the […]Continue Reading

Energy

PENGASSAN Warns on PIA Implementation

Web News 11 May 2023 201 0

The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has warned the Federal Government against selective implementation of the Petroleum Industry Act 2021. The President of PENGASSAN, Comrade Festus Osifo who gave the warning at the 7th triennial national delegates conference in Abuja, said the government must set up the host communities Continue Reading

Energy

Fuel Scarcity: The Four Critical Ws

Web News 27 January 2023 270 0

As fuel scarcity lingers, one is bound to ask these questions. When will this debacle end? What is the real cause of the trauma the public is made to go through? Who are those that have left their duties undone? Where are we going as a nation? Titilayo Kupoliyi/Simeon Ugbodovon Subscribe to our Telegram and YouTube Channels also […]Continue Reading

Energy

Persistent Petrol Scarcity Fuels Concern in Ibadan

Web News 26 January 2023 269 0

Residents of Ibadan have called for the availability of premium motor spirit, PMS, known as petrol to ease their suffering. They made the call while speaking with Radio Nigeria correspondent who monitored the fuel situation in the state capital. The residents, who frowned at the frustration in getting PMS, said Federal Government had neglected its […]Continue Reading

Energy

Frustrations, Lamentations as Fuel Scarcity Bites Harder

Web News 20 January 2023 203 0

Residents of Ibadan have expressed disappointment and frustration over the persistent fuel scarcity in the metropolis. A visit by Radio Nigeria correspondent to some filling stations in the metropolis revealed that most of them were not dispensing the product while those that have the product sell it between two hundred and fifty naira and three […]Continue Reading

Energy

NNPC Strikes Oil in Nasarawa

Web News 14 January 2023 187 0

The Nigerian National Petroleum Company Limited has announced the discovery of oil in Nasarawa State, saying it will spud the first oil well in March 2023. It said the discovery was in continuation of its oil exploration activities in the country’s inland basins. NNPC’s Group Chief Executive Officer, Mele Kyari, announced the discovery and the […]Continue Reading

Energy

Man Dies While Queuing to Purchase Fuel

Web News 29 December 2022 845 0

A man presumed to be in his 50s has been feared dead while queuing to buy petrol at a filling station in Oluyole Estate. The man, whose identity is unknown, suspected to be an Alhaji was sitting on his steering with one leg on the pedal and the other on the ground with his door […]Continue Reading

Energy

Buhari Reaffirms 30 Gigawatts Energy Target

Web News 14 December 2022 232 0

President Muhammadu Buhari has restated the determination of the Nigerian Government towards achieving the vision of 30 Gigawatts of energy by the year 2030. The President said this in Washington during the discussion panel on Just Energy Transition at the ongoing US-Africa Leaders Summit.  President Buhari said as part of the National Renewable Energy and […]Continue Reading

Energy

Fuel Scarcity: Residents of Ibadan Decry NMDPRA’s Attitude

Web News 2 December 2022 554 0

Residents of Ibadan have condemned the negative attitude of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) as the scarcity of premium motor spirit known as petrol bites harder. They made their displeasure known in Ibadan while speaking with a Radio Nigeria correspondent who monitored the situation in Ibadan, the state Continue Reading

Energy

FG has no intention to increase fuel price – NMDPRA

Web News 1 December 2022 423 0

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Federal Government has no intention of increasing the price of Premium Motor Spirit (PMS) during the festive period. The General Manager, Corporate Communications, NMDPRA, Mr Kimchi Apollo said this through an advisory which addressed speculations on the increase in price and Continue Reading

Energy

Power Project: Ogun Residents Accuse Consultants of Irregularities

Web News 3 November 2022 421 0

Residents of two communities in Sagamu local government area of Ogun State have urged the federal and state governments to prevent the outbreak of violence by investigating the alleged unwholesome activities of consultants handling a proposed power project in the area.  The residents while staging a peaceful protest in Sagamu claimed that the consultants were […]Continue Reading

Energy

Queue Easing as Fuel Situation Improves in Ibadan

Web News 27 October 2022 408 0

Long queues that resurfaced on Wednesday at filling stations in the Ibadan metropolis are fast disappearing. Radio Nigeria correspondents who monitored the situation reported that a few vehicles were seen queuing up to buy petrol at stations dispensing the product  A motorcyclist and a motorist, Mr Rasak Ayinla and Mr Yon Yon who relayed their […]Continue Reading