The Independent Petroleum Marketers Association of Nigeria (IPMAN) has assured of free flow of petroleum products to end scarcity in Cross River. Mr Robert Asu-Obi, Interim Chairman of IPMAN in the state, gave the assurance in an interview with News Agency of Nigeria at the Association’s office on Wednesday in Calabar. He said that the…
No fewer than 893 locations comprising formations, properties and utilities of Ministries, Departments and Agencies (MDAs) have been metered by the Distribution companies (Discos) in Lagos State. We gathered that Wednesday that the Discos — Eko Electricity Distribution Company (EKEDC) and Ikeja Electric (IE) — have some 1,081 of such MDAs’ facilities within their networks in…
The Department of Petroleum Resources (DPR) on Wednesday sealed three petrol stations and placed 30 pumps on out-of-use in Awka, Anambra over infractions of under-dispensing. The clampdown on defaulting stations followed an ongoing surveillance in compliance with the standard operations guidelines by DPR in the state. Addressing newsmen in Awka, after the surveillance visit, Mr…
……. We have increased like loading activitie Fuel The Major Oil Marketers Association of Nigeria (MOMAN) has urged airlines and air travellers not to panic over aviation fuel scarcity, as members have product in stock and increased distribution. Its Executive Secretary, Mr Clement Isong gave the assurance in an interactive session with the media on…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has partnered with CrowdForce, a financial services firm, to operate as mobile money agent to expand financial inclusion in the country. Mr Tomi Ayorinde, the Chief Executive Officer, CrowdForce said the partnership would help to boost IPMAN members’ businesses being mobile money agents. Ayorinde said this in…
Alhaji Ahmed Inga, Director, Niger State Emergency Management Agency (NSEMA), says that three more victims of last Friday’s petrol tanker explosion at Diko junction on Abuja-Kaduna highway have died. He said on Tuesday in Minna that they died as a result of severe burns which they suffered from the explosion. Inga said that one of…
Mr Usman Mohammed, Managing Director, Transmission Company of Nigeria (TCN), says any Electricity Distribution Company (DisCo) that fails to perform in accordance to the market rule will be sanctioned. Mohammed, who was speaking on the sidelines of a meeting of West Africa Power Pool (WAPP) in Abuja on Tuesday, said that any Disco that broke…
Activity in Egypt’s non-oil private sector contracted in August after a marginal expansion the month before, a survey showed on Tuesday. The IHS Markit Egypt Purchasing Managers’ Index (PMI) for the non-oil private sector fell to 49.4 in August from 50.3 in July, dipping below the 50.0 threshold that separates growth from contraction. That was…
The Nigerian Navy on Tuesday deployed troops on board 14 warships, including gunboats and aircrafts in a special military exercise code-named “Exercise Yangha Mi.” Rear Adm. David Adeniran, the Flag Officer Commanding Eastern Naval Command (ENC), Calabar, announced the deployment at the flag-off of the exercise in Onne, Rivers. Adeniran said that the three-day exercise…
Mr Roland Ewubare, Chief Operating Officer, Upstream, Nigerian National Petroleum Corporation (NNPC), says the redeployment in the corporation’s upstream subsidiary is in line with efforts to achieve the targeted growth in the country’s oil reserve to 40 billion barrels. The upstream subsidiary, Nigerian Petroleum Developments Company (NPDC), was established in 1988 as a wholly owned…