petrol

Soaring Petrol Prices Fuels British PM’s Woes

Soaring Petrol Prices Fuels Boris Johnson’s Woes

June 10, 2022 4:36 am

Prime Minister Boris Johnson on Thursday moved to reset his embattled leadership with a policy blitz aimed at tackling Britain’s cost-of-living crisis, including contentious new measures to boost home ownership.

After narrowly escaping removal via a no-confidence vote among his own Conservative MPs on Monday, Johnson is now under pressure to turn the page on a series of scandals including lockdown-breaching parties in Downing Street.

In a speech later, he was to pledge ‘more affordable energy, childcare, transport, and housing’. according to excerpts released by Downing Street which were obtained by Africa Daily News, New York on Friday.

‘And, while …

We Have Run Out Of Petrol, Sri Lanka New PM Tells Citizens

We Have Run Out Of Petrol, Sri Lanka New PM Tells Citizens

May 17, 2022 4:19 am

Sri Lanka’s newly appointed prime minister has disclosed that the cash-strapped island nation has run out of petrol stock, even as he pointed out that the country desperately needed to obtain $75m in foreign exchange over the next few days to pay for essential imports, including medicine.

Speaking on Monday in an address to the nation, as the country suffers from fuel and medicine shortages Ranil Wickremesinghe lamented; ‘We have run out of petrol … At the moment, we only have petrol stocks for a single day’.

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He disclosed …

Fuel Scarcity NNPC Distributes One Billion Litres PMS

Fuel Scarcity: NNPC Distributes One Billion Litres PMS

February 16, 2022 4:12 am

The Nigerian National Petroleum Corporation Limited (NNPC), has revealed that it is has commenced the process of distributing one billion litres of safe Premium Motor Spirit (PMS), known as petrol, in its stock to various fuel stations nationwide to ease the scarcity of the product.

The NNPC also disclosed that about 2.3 billion litres of PMS would arrive Nigeria between now and February ending to address the current situation and restore sufficiency.

Mr. Adetunji Adeyemi, Group Executive Director, Downstream, NNPC made this disclosure on Tuesday in Abuja while briefing newsmen.

Adeyemi said this would address the situation and restore sufficiency …

Buhari Appoints Sulaiman Ibrahim As New NAPTIP DG

Nigeria At 60: Buhari Announces New Price For Petrol

October 1, 2020 4:49 am

President Muhammadu Buhari has announced a new price for the pump price of petrol in the country.

Buhari said fuel will now be sold at ₦161 per litre in Nigeria, noting that other nations such as Ghana, Niger, Chad Saudi Arabia and other oil-producing countries sell petrol on a higher price than Nigeria.

He lambasted the previous governments from 1999 to 2015 for criticising his administration when they allegedly presided over the near-destruction of the country.

Read Also: Nigeria@60: Let National Unity Remain In Our DNA – Obasa

Buhari, in his nationwide broadcast to mark the Independence Day celebration, said …

Ban On Petrol Supply: FG Urges Border To Exercise Patience

January 18, 2020 10:36 am
The Federal Government has appealed to those living in border communities to exercise more patience over the suspension of fuel supply to their areas.

NAN recalls that the Federal Government, through the Nigeria Customs Service (NCS), in November 2019, announced the suspension of petrol and diesel supply to filling stations within 20 kilometres radius to all Nigerian borders.

The people of the area have since been complaining that the policy is having adverse effect on them; saying it has paralysed economic activities in their areas.

On many occasions, they accused security agencies involved in the Exercise Swift Response of swindling

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One Dead As Petrol Protests Spread In Iran

November 17, 2019 3:02 pm

One person was killed and others injured in protests that spread Saturday across Iran after a surprise decision to impose petrol price hikes and rationing in the sanctions-hit country.

The death occurred Friday in the central city of Sirjan, where protesters had tried to set a fuel depot ablaze but were thwarted by security forces, semi-official ISNA news agency reported.

Protests erupted hours after it was announced the price of petrol would be increased by 50 percent for the first 60 litres and 300 percent for anything above that each month.

Sirjan’s acting governor Mohammad Mahmoudabadi said a civilian was …

Petrol Truck On Fire At Alimosho, Lagos

November 11, 2019 9:25 am
Reports indicate that a petrol truck erupted into flames close to Gowon Estate at Alimosho, Lagos.

According to AN24, the incident happened around 6:30 am Monday, at a parking site for trucks along the road.

Lagos State Fire Service and the State Emergency Management Agency (LASEMA) officials have since responded to the scene of accident to combat the fire and assess damages.

Read Also: APC Raises Alarm Over Printing Of Ballot Papers

 

 

DAILY SUN…

Fire Disaster Averted At MMIA As Fuel Truck Spills Petrol

November 10, 2019 4:50 am

Vehicular traffic came to standstill yesterday at the Murtala Muhammed International Airport (MMIA), Lagos when a 42 feet truck, laden with 33, 000 litres of petrol fell and spilled content on the link road connecting the domestic terminals to the international wing of the airport.

The road was blocked for hours, creating fear that the highly flammable product could ignite fire and gut some part of the airport, located few meters to the headquarters of the Nigerian Civil Aviation Authority (NCAA), Forte Oil Filling Station, the Head officer of Arik Air and about 20 meters to the General Aviation Terminal …

Anambra Bans Day Movement Of Petrol Tankers Over Fire

Anambra Bans Day Movement Of Petrol Tankers Over Fire

November 2, 2019 5:27 am

Following the indiscriminate bursting into flames of trucks carrying petroleum products in Anambra State in recent times, the state government has ordered a ban on their movement in the state during the day.

Within two days, in October, the state witnessed three petrol tanker incidents, while one more happened on  October 31, also in Onitsha.

The notice of the ban was contained in a press release by the state Commissioner for Information, Mr. CDon Adinuba.

He said, “Anambra State Government has decided to restrict the time which vehicles laden with petroleum products can move in the state. With effect from …

In Lagos: Hoodlums Attack Petrol Tanker, Scoop Fuel

In Lagos: Hoodlums Attack Petrol Tanker, Scoop Fuel

October 16, 2019 4:27 pm

Some hoodlums at Mile 2 area of Lagos State yesterday attacked a petrol-laden tanker as it passed through the area, causing it to spill its content. The hoodlums had waylaid the truck driver to extort money (Owo boys) from the driver.

When the driver hesitated, the boys hit the tanker with an iron, causing it to spill its content. Following this incident, residents and passersby began to scoop petrol gushing out from the 33,000-litre tanker despite the danger of such action.

The incident caused panic in the area with many nursing the fear of a fire outbreak in the event …

FG Sets Up Committee To Monitor Local Petrol Dealings

FG Sets Up Committee To Monitor Local Petrol Dealings

October 11, 2019 3:00 am

The federal government has set up a committee comprising of 89 persons to monitor the volume of petrol imported and consumed daily in Nigeria.

The team, according to a statement from the Nigerian National Petroleum Corporation (NNPC), was drawn from five key agencies comprising the corporation itself, Department of Petroleum Resources (DPR), Petroleum Products Pricing Regulatory Agency (PPPRA), Petroleum Equalisation Fund (PEF), and Department of State Services (DSS).

Their job, the statement, which was signed by the Acting Group General Manager Public Affairs of the NNPC, Mr. Samson Makoji, explained, would be to ensure transparency and accountability in the distribution …

Nigeria loses ₦2 billion daily to petrol smuggling

Nigeria loses ₦2 billion daily to petrol smuggling

September 9, 2019 2:38 am

The Nigerian National Petroleum Corporation (NNPC) has confirmed that the nation’s economy loses ₦2 billion daily to fuel smuggling.

This comes as the Federal Government said its border closure decision had led to a reduction in the demand for the product, even as prices for rice and frozen foods keep rising due to restricted supplies.

Indeed, the national oil company submitted that it had witnessed a significant drop in Premium Motor Spirit (popularly called petrol) evacuation from the depots since August 22.

There had been concerns about the nation’s daily fuel demand, especially when the amount used to offset subsidy …

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