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FG halts implementation of 15%...

FG halts implementation of 15% import duty...

Tinubu okays 15% import duty...

Tinubu okays 15% import duty on petrol,...

FG halts implementation of 15% import duty on petrol, diesel

FG halts implementation of 15% import duty on petrol, diesel The Federal Government has suspended plans to implement the proposed 15 per cent ad-valorem import duty on Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel). This was disclosed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in a statement posted on its X handle on Thursday. According to the Director of Public Affairs, George Ene-Ita, “It should also be noted that the implementation of the 15 per cent ad-valorem import duty on imported Premium Motor Spirit and Diesel is...
Maryam Umar -
Crime

Police nab 2...

Police nab 2 oil bunkerers, recover petroleum products Two oil bunkering syndicates operating in Benin City, Edo State have been arrested by police operatives attached...
Gift Luckson -
Business & Economy

Nigerian gov’t moves...

Nigerian gov't moves to end crude oil theft Story from Isah Aliyu CHIROMA, Abuja The Federal Government of Nigeria says it is determined to end the...
Gift Luckson -
Local

Fuel Scarcity: NSCDC...

Fuel Scarcity: NSCDC in Kogi threatens to arrest marketers selling above pump price Story from Rabi'atu, Lokoja The Kogi State Command of the Nigeria Security and...
Salim Sani -
Local

IPMAN forms task...

IPMAN forms task force against scarcity of petrol, assures of no price hike The Independent Petroleum Marketers Association of Nigeria (IPMAN) has formed a task...
Salim Sani -
Accident

Rampage in Rivers...

Rampage in Rivers State as tanker conveying adulterated petroleum explodes A tanker conveying adulterated petroleum products TEMPhas exploded while trying to avoid a police check-point...
Maryam Umar -
Business & Economy

Buhari directs incorporation...

Buhari directs incorporation of NNPC Limited, appoints board Story from Ibraheem Hamza MUHAMMAD, Lafia President Muhammadu Buhari, in his capacity as Minister of Petroleum Resources, has...
Gift Luckson -
Development

DPR subdues fears...

DPR subdues fears of Bauchi residents over siting of 5 gas plants The Department of Petroleum Resources (DPR) has allayed the fears of some residents...
Gift Luckson -
Business & Economy

Nigeria lost $50...

President Muhammadu Buhari has lamented a loss of $50 billion worth of investments in the petroleum industry since 2011 due to the absence of...
Salim Sani -
Crime

NSCDC nabs 5...

Five persons with a truckload of 200 cellophane bags filled with suspected adulterated Automotive Gas Oil (AGO) plus a truck containing about 33, 000...
Gift Luckson -
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