Five Companies Shut Over Environmental Infractions In Ogun
The Ogun State Environmental Protection Agency has sealed five industries for environmental infractions. The companies are Nixim Paper Limited, and Long Xiang Aluminum both at the Sagamu axis of the Lagos -Ibadan Expressway, New Shidai Manufacturing Limited, Mowe in Obafemi Owode Local Government Area and two unregistered companies operating illegally in the Ogere axis […]
Fuel Price Increase Will Lead To Job Losses, Heightened Poverty – OGUNCCIMA
The Ogun State Chamber of Commerce, Industry, Mines, and Agriculture has warned that the recent fuel price increase will lead to job losses, reduced economic activity, and higher poverty levels in Nigeria. In a statement signed by OGUNCCIMA President, Mr Niyi Oshiyemi, on Thursday, the chamber cautioned that the price hike will have far-reaching consequences […]
NNPC Yet To Lift Petrol From Our Refinery – Dangote
Dangote Group has dismissed reports that the Nigerian National Petroleum Company Limited (NNPCL) has started lifting Premium Motor Spirit (PMS), popularly known as petrol, from its refinery. A newspaper had reported that NNPCL lifted petrol from Dangote Refinery and sold it for N897 per litre to Nigerians. However, the Group Chief Branding and Communications Office […]
Dangote Refinery Is poised To Be Game-Changer In the Production Of Petrol – Gov Dapo Abiodun
Gov Dapo Abiodun of Ogun has said production by the Dangote refinery will strengthen the nation’s economy by eliminating constant shortages and conserving foreign exchange. This is contained in a statement in Abeokuta by Abiodun’s Chief Press Secretary, Lekan Adeniran. The governor said:”with the refinery coming on stream, one of the most significant challenges faced […]
Petrol Scarcity Set To Worsen As NNPCL Admits $6bn Debt To Petrol Suplliers
Oil giant Nigeria National Petroleum Company Limited (NNPCL) yesterday admitted that its financial strain may affect the sustainability of petrol supply. Its admittance came on the heels of reports that it is indebted to suppliers to the tune of about $6 billion. According to the reports, supply agents have been reluctant to make the product […]
Dangote Refinery Prepares To Roll Out Petrol
The Dangote Petroleum Refinery is set to roll out the sale of Premium Motor Spirit, otherwise known as petrol. This is coming a few days after the 650,000-capacity refinery engaged in a test-run of the product. Industry sources confirmed to our correspondent that the product would hit the market soon. The sources, who pleaded anonymity, […]
Federal Government Sets To Shut Culpable Filling Stations as petrol hits N1,000/litre
Many filling stations operated by independent oil marketers have now fixed the pump prices of Premium Motor Spirit, popularly called petrol, at between N900 and N1,000/litre. Owners of these stations seem not to care about the cost of the product at retail outlets operated by the Nigerian National Petroleum Company. Petrol prices at NNPC stations […]
Breaking News: Residents Raise Alarm As Fire Guts Sterling Bank PLC In Oju-Ore, Ota
Report reaching VOA News right now has it that fire is currently razing Sterling Bank PLC at Baby’O, Ota in Ado-Odo/Ota local government area of Ogun state. According to a source, who confirmed the incidence to our Correspondent, said that cause of the fire accident is still unknown as at the time of providing the […]