Aviation fuel: ‘Passengers may pay higher fares’

With airline operators still battling to cut costs and stay afloat in the face of rising prices of aviation fuel and operations, air passengers...

Nigerian Ports now operate at a world class standard – MD, NPA

The ongoing reformation of the seaports in Nigeria that led to the standardization of their operations has recorded a drastic increase in the patronage...

Indigenous firms’ intervention boosts LPG utilisation

Nigeria is a predominantly gas province with untapped huge expanse of gas reserves in excess of 187trillion cubic feet (tcf) and an average production...

LCCI warns on return of congestion at ports

The nation’s premier seaport in Lagos is said to be heading towards a return to the horrible old days when the entire port was...

Downstream operators groan under multiple regulations

Operators in the downstream sector of Nigeria’s oil and gas industry are groaning under conflicting operating requirements imposed by different government agencies, including the...

FG pays N287bn to oil marketers

The federal government has paid a total of N287,351,770,696.16 as subsidy on verified claims to marketers this year with subsidy payments expected to decline...

NNPC plans integration into Customs single window platform

The Nigeria National Petroleum Corporation (NNPC) has expressed interest in being integrated to the Single Window (SW) platform of the Nigeria Customs Information System...

Faulty concession legal framework hampers port services — ANLCA

National President, Association of Nigerian Licensed Customs Agents (ANLCA), Alhaji Olayiwola Shittu, has blamed the total concession of Nigerian ports for their poor services. The...

FG saved N879bn from fuel price increase, reforms – Alison Madueke

The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has stated that the federal government saved N879,billion in 2012 as a result of the increase...

Vessel hijackers now pose as charterers – NIMASA

Dare-devil hijackers of ships now pose as business people wanting to hire vessels in a bid to carry out their criminal acts, the Nigerian...

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