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The downstream arm of the oil and gas sector has now been fully deregulated by the federal government, and guiding price bands for the sale of petrol at fuel stations will no longer be released. The Petroleum Products Pricing Regulatory Agency which made the announcement, said PMS price will now be determined by
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The downstream arm of the oil and gas sector has now been fully deregulated by the federal government, and guiding price bands for the sale of petrol at fuel stations will no longer be released. The Petroleum Products Pricing Regulatory Agency which made the announcement, said PMS price will now be determined by
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A Mack tanker with registration number, AKM 65 ZY, blue colour, loaded with petrol, has a ruptured tank in transit, resulting in the petroleum content spilling away right now at the Ota toll gate inbound Sango- Ota from Lagos. An official of NUPENG, who spoke on the condition of anonymity, said
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The Petroleum Product Pricing Regulatory Agency (PPPRA) has recommended an upward review of the retail pump price of petrol from the previous N121.50. According to the agency, the recommended petrol retail band for a litre of petrol is now between N140.80 and N143.80. “Please recall the provision for the establishment of a
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by Alli Mustapha President Muhammadu Buhari has approved the reduction in the pump price of petrol from N145 per liter to about N130. It was gathered from presidency sources that the approval followed a presentation by Minister of State for Petroleum Resources, Timipre Sylva to the Federal Executive Council (FEC), on Wednesday,
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Many persons including children yesterday morning, Sunday, March 17, 2019, sustained burnt injuries after petrol exploded at a restaurant at Idimu, Lagos Mainland. The incident occurred at about 8:00a.m. at the restaurant called University of Amala along Ejigbo Road in Idimu area of the state. It was gathered that the owner of the restaurant, six of
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The Ijegun community of Lagos Mainland is reputed as one of the Lagos communities flowing with petroleum products occasioned by pipeline vandalism. In a recent video that has surfaced on the internet, residents were seen at different spots siphoning petroleum products into jerry cans. In the video, however, a large number of officers of
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Motorists and other passerby along Isolo road in the Mushin axis of Lagos were stunned after the area was cordoned off by emergency services yesterday, April 21, 2017. The development was as a result of a loaded petrol tanker that developed a fault on the major road. The road was however closed
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