Petroleum product

By IndepthAfrica
In Article
Sep 20th, 2012
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By Ben Ndubuwa, Leadership opinion The current fuel scarcity which NNPC thought it could contain now seems intractable as marketers insist that the federal government pays their subsidy reimbursement. The Jetty and Petroleum Tank Farm Owners of Nigeria (JEPTFON) who are also both marketers and import...
By IndepthAfrica
In News
May 22nd, 2012
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Rules out imminence e of full subsidy removal The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, yesterday said the Farouk Lawan-led House of Representatives ad hoc committee, which probed the oil subsidy, was unfair to her. The minister said it was the late President Umar Musa Yar’Adu...
By benim
In News
Nov 1st, 2011
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Yenagoa – Nigeria’s military said on Monday it has seized a ship laden with 5 000 tons of stolen oil and 30 barges amid rising cases of crude theft in one of the world’s main oil producing regions. The spokesperson of the Joint Task Force deployed in the Niger Delta, Timothy Antigha...
By benim
In News
Oct 25th, 2011
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Abuja – Seven Nigerians and two Ghanaians have each been sentenced to 90 years in prison for oil theft and illegal refining, an organised underground industry that costs Africa’s largest oil exporter hundreds of millions of dollars a year. Nigeria’s oil production capacity of more t...