LAGOS SEPTEMBER 30TH (NEWSRANGERS)-Following the Fuel scarcity in the United Kingdom about six Nigerians have been arrested for hoarding Fuel in Jerry cans and selling at an outrageous prices. According to the UK police spokesma Greg Smith, some of the Nigerians arrested include Kenneth Obiora (M), chukwuma Ahamba (M), Gift Nwankwo (F), Kelechi Amadi (M),…
LAGOS MARCH 1ST (NEWSRANGERS)-Premium Motor Spirit (PMS) also known as petrol is to sell for as much as N230 per litre in March, fuel marketers declared yesterday. This came as panic buying and fuel hoarding rocked many filling stations in Lagos and Abuja, making queues to resurface in the two cities. The Nigerian National Petroleum…
LAGOS NOVEMBER 21ST (NEWSRANGERS)-Nigeria, Africa’s biggest oil producer, is set to resume the importation of petroleum products from a neighbouring country, Niger Republic. The Ministry of Petroleum Resources announced on Thursday in a statement that the two countries signed a Memorandum of Understanding on Thursday for petroleum products transportation and storage. According to the statement,…
LAGOS NOVEMBER 12TH (NEWSRANGERS)-The Inspector-General of Police (IGP), Muhammad Adamu, on Tuesday said the Force would need N24.8bn to fuel its fleet of vehicles and motorcycles in a year. He said this when he presented the 2020 budget performance. He also defended the 2021 budget proposal before the House of Representatives Committee on Police. Adamu…
LAGOS SEPTEMBER 9TH (NEWSRANGERS)-Neighbouring Niger Republic, which started commercial oil production in 2011, now exports petroleum products to Nigeria, as Egypt and Algeria lead African operations with 13 refineries. Both countries (Egypt and Algeria) have combined capacity of 1.4 million barrels per day. For decades, Nigeria’s three major refineries have been grounded to near-zero capacity…
LAGOS SEPTEMBER 4TH (NEWSRANGERS)-The governor of Ogun State, Dapo Abiodun, on Thursday expressed his support for the hike in electricity tariff and fuel pump price. Abiodun made his position known on the increases that have attracted knocks from Nigerians in an interview with State House correspondents after a meeting he had with the President, Major…
LAGOS JANUARY 17TH (NEWSRANGERS)-The Federal Government says a plan is in motion to provide alternative fuel, Compressed Natural Gas (CNG), that would cost between N95 to N97 per litre. The Minister of State for Petroleum Resources, Timipre Sylva, disclosed this while addressing journalists in Abuja on Thursday, January 16, 2020. He noted that CNG has…
LAGOS DECEMBER 14TH (NEWSRANGERS)-The Federal Government has set a 2023 deadline to stop the importation of petrol into the country. Nigeria, an oil-producing country has been heavily dependent on the importation of petroleum products since its four major oil refineries have been under-utilized. According to the Group Managing Director of the Nigerian National Petroleum Corporation…