Depot Owners
Depot owners and major fuel marketers: The unfair bashing of downstream sector critical stakeholders
9 Sep
As the nation grapples with gasoline (a.k.a petrol) supply and distribution hiccups and its attendant strain on economic activities, the expected role(s) of each of the stakeholders in the supply and distribution value chain has come to the fore for discourse and dissection once again. This has become even more so given the recent announcement…
4 Sep
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has expressed great excitement over the commencement of premium motor spirit (PMS) production by Dangote Refinery. The refinery, which is set to revolutionise Nigeria's petroleum industry, began producing petrol this week. Aliko Dangote, the Executive Chairman and CEO of Dangote Refinery, announced at a press…
15 Aug
Depot owners in Nigeria have once again dismissed accusations that they are undermining local refineries, instead preferring to continue importing petroleum products. They also reject claims that their operations inflate foreign exchange demand and contribute to rising fuel prices. In a media briefing on Wednesday, Olufemi Adewole, Executive Secretary of the Depot and Petroleum Products…
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17 mins ago
The Ado Bayero family has said the tax reform bills have nothing to do with moving the venue of the wedding of their daughter, Maryam Nasir Ado Bayero, to Jibrin (Abba) Barau, the son of the Deputy President of the Senate. Reports had claimed that the wedding was relocated from Kano to Abuja due to…
20 mins ago
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that 90 per cent of Nigerians support the tax reform bills currently before the National Assembly. Taiwo, who stated this on Monday at a special town hall on the tax reform bills on Channels TV, said his team conducted a…
24 mins ago
The Department of State Service (DSS) has challenged a popular civil society organization, the Socio-Economic Rights and Accountability Project (SERAP), to implement what it preaches to society. DSS aggrieved staff, who are pressing legal charges against SERAP, used an adage that "it is easier to criticize than to do the right thing" to validate what…
1 hour ago
Tragedy struck Akankan, Ede North Local Council of Osun State, in the early hours of yesterday when a fire claimed the lives of a Nigeria Customs officer, Tijani Kabiru, his wife, and four of their children.
1 hour ago
Troops of 6 Division, Nigerian Army, in collaboration with other security agencies, have dismantled several illegal oil bunkering networks in the Niger Delta region in a week-long operation conducted between November 25 and December 1, 2024.
1 hour ago
The Edo State Chapter of the All Progressives Congress (APC) has carpeted the Peoples Democratic Party (PDP) for criticising the current administration of Governor Monday Okpebholo, saying the party lacked today’s governance realities.
1 hour ago
Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of an estate located in the Federal Capital Territory (FCT).
1 hour ago
A huwan rights lawyer, Dele Farotimi, yesterday, alleged that some group of elite and well-to-do Nigerians have colluded with the security agencies and some legal experts to deplore state resources not only against his fundamental human rights but also against his associates and those around him.
1 hour ago
The Rivers State Police Command has dismantled a child trafficking syndicate and arrested a suspect, Esther Anthony, while rescuing four children during a raid in Port Harcourt.
1 hour ago
The Kwara State Command of the Nigeria Security and Civil Defence Corps (NSCDC) yesterday rescued a 19-year-old undergraduate of Kogi State University, Ayungba, who was reportedly abducted by ritualists.