petrol

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 …

Three sustain injury in Anambra petrol tanker accident

May 12, 2019 1:31 pm

Three persons on Sunday sustained severe injuries when a fully laden petrol tanker lost control and crashed into a a Lexus Jeep before falling into a nearby valley at Amawbia, Awka in Anambra.

The News Agency of Nigeria (NAN) correspondent, who was at the scene of the crash, reports that two of the injured persons were occupants of a Lexus Jeep while the third was the tanker driver.

NAN reports that men of the Anambra Fire Service were battling to ensure that the spilled contents of the tanker did not burst into flames.

Mr Andrew Kumapayi, Sector Commander of Federal …

Man nabbed with lighters, petrol at New York Cathedral

April 18, 2019 8:41 am

A 37-year-old man was arrested on Wednesday night after walking into St. Patrick’s Cathedral in New York City with two full gasoline cans, lighter fluid and lighters, police said.

The incident occurred two days after a massive fire severely damaged the 850 years old Notre Dame cathedral in Paris, causing global shock and sorrow. The blaze was most likely the result of an accident though a major investigation is under way.

In New York, the man entered the Roman Catholic cathedral in midtown Manhattan just before 8 p.m. (0000 GMT) and was confronted by a security guard, according to a …

BREAKING: ex-NBA chairman slumps in court over fraud case

Gospel artiste sued for allegedly stealing of Petrol

April 17, 2019 8:37 am

A 36-year-old gospel musician, Ajibola Oyetunde, who allegedly stole his employer’s 45,000 litres of Premium Motor Spirit (petrol) valued at N8 million, on Wednesday appeared in an Ikeja Chief Magistrates’ Court.

Oyetunde, whose lives at No. 2 Aruawe St., Aradangun in Badagry, is charged with three counts of conspiracy and stealing.

The defendant pleaded not guilty to the charge.

The Police Counsel, Sgt. Michael Unah, told the court that the defendant allegedly stole the PMS worth N8 million from the complainant, Mr Idowu Adeyemi.

Unah told the court that the defendant committed the offence with three others still at large

…