Maritime Nigeria

Main Menu

  • Home
  • News
  • Interviews
  • Maritime Info
  • Photo Gallery
  • Fact
  • Profiles

logo

Header Banner

Maritime Nigeria

  • Home
  • News
    • FG Commits To Enhance NSC Regulatory Capacity

      May 28, 2025
      0
    • NPA, Dangote Agree On Port Expansion, Export Promotion

      May 27, 2025
      0
    • "Tinubu Reforms Driving Surge In Customs Revenue"-CGC

      May 25, 2025
      0
    • Sea Port Efficiency: FG To Deepen Lekki Port Channel

      May 25, 2025
      0
    • Maritime Bank Takes Off, Gets President/CEO

      May 23, 2025
      0
    • Customs Intercept N3.2Billion Illicit Drugs, Smuggled Items

      May 22, 2025
      0
    • Oyetola Engage French Ambassador On IMO Seat

      May 22, 2025
      0
    • CGC Revitalizes Seme Command, Regional Trade With SIGMAT

      May 21, 2025
      0
    • Full Implementation Of Marine And Blue Economy Policy On Course

      May 14, 2025
      0
  • Interviews
    • Nigeria Takes Leadership Of MOWCA

      Nov 18, 2021
      0
    • APM Participates in UK Trade Expo

      Oct 31, 2021
      0
    • Reps Seek Admission at MAN

      Dec 7, 2020
      0
    • NIMASA URGE SHIP OWNERS TO RENEW CABOTAGE LICENSES

      Oct 5, 2020
      0
    • FG Sacks Aboloma As NAIC Gets New EDs

      Aug 28, 2020
      0
    • Britain Celebrate Nigerian In Covid Efforts

      Jul 26, 2020
      0
    • Zuckerberg Backs Trump Against Twitter

      May 28, 2020
      0
    • NAFDAC DG Sheds Light On Chloroquine, Herbals, Masks and Covid19

      May 12, 2020
      0
    • Reps Threaten MDAs

      Feb 24, 2020
      0
  • Maritime Info
    • 2023 POP: Minister Task Cadets On Blue Economy

      Dec 15, 2023
      0
    • Rector, Trainees Excited, Laud FG On Modern Academy

      Jan 26, 2023
      0
    • Buhari Redeploys Minister As NPA, NIMASA, MAN, Others Get New Boards

      Apr 7, 2022
      0
    • World Bank Endorse Nigerian Ports, Partners Navy On Capacity Building

      Mar 19, 2022
      0
    • NIMASA Commend Nigerian Navy, Reassures On Floating Dock

      Feb 9, 2022
      0
    • MAN Unveils Lighthouse For Training of Cadets

      Jan 27, 2022
      0
    • shipping

      Singapore Strait Dangerous To Shipping-ReCAAP

      Jan 24, 2022
      0
    • Lekki Deep Sea Port Will Increase Port Efficiency-Amaechi

      Jan 24, 2022
      0
    • Fair Competition: NSC Partners FCCPC For Effectiveness

      Jan 21, 2022
      0
  • Photo Gallery
    • SERAP Calls for Probe of Entire Privatization Processes 1999-2011

      Dec 4, 2017
      0
    • IMO Election: South Africa, Kenya, Liberia, Morroco and Egypt Make Category C

      Dec 2, 2017
      0
    • Maersk Ship on Fire as Coy Launches Six Container Lifting Tech

      Nov 2, 2016
      0
    • Captured Seafarers Languish In Captivity without Ransom

      Nov 1, 2016
      0
    • Niger Delta: Militants Ask FG to Include Former Agitators in Negotiations

      Nov 1, 2016
      0
    • Self-Audit: NIMASA Set to Review 3% Freight Charge

      Nov 1, 2016
      0
    • Recession: Japanese Shipping Companies to Merge

      Oct 31, 2016
      0
    • NSC Partners ICS on Capacity Building

      Oct 31, 2016
      0
    • AGAIN, APAPA CUSTOMS SURPASS MONTHLY TARGET WITH N33B COLLECTION

      Oct 5, 2016
      0
  • Fact
    • Maritime Police Boss Celebrate Workers

      May 1, 2025
      0
    • “VIN Is A Trade Tool, Not Punitive”-Customs

      Mar 2, 2022
      0
    • Blackmailers, False Publishers and Their Agents: Court Clears Rector

      Feb 18, 2022
      0
    • MAN Unveils Lighthouse For Training of Cadets

      Jan 27, 2022
      0
    • "APM Terminals Is Beyond Moving Boxes Around"-Laursen

      Jan 24, 2022
      0
    • MWUN: Welfare, Safety Our Priority-Adeyanju

      Dec 27, 2021
      0
    • Reversing the Trend: Koko Breaks Record at NPA

      Dec 24, 2021
      0
    • Minister Demands More From MAN At Passing Out Parade

      Dec 20, 2021
      0
    • MARITIME NIGERIA TASK NIMASA ON MARITIME DEVELOPMENT

      Dec 15, 2021
      0
  • Profiles
    • CMA CGM Brings AI Onboard

      Jun 5, 2018
      0
    • Customs Notify 577 Officers of Retirement by Eguono Odjegba

      Jan 12, 2018
      0
    • Over 100 Persons Feared Dead in Mediterranean Ship Wreck

      Nov 3, 2016
      0
    • Ballast Water: Panama Signs Up

      Oct 24, 2016
      0
    • Ist Half Report: Customs generate N385.7bn revenue

      Aug 15, 2016
      0
    • Minister/MD Speeches at the Launch of NPA's CCCIS

      Jul 23, 2016
      0
    • Face off Imminent as Dakuku Warn IOCs to Sit Up or Stay ...

      Jul 22, 2016
      0
    • Hadiza, Welcome to NPA

      Jul 16, 2016
      0
    • Habib Abdullahi Sacked Again from NPA

      Jul 12, 2016
      0
  • FG Commits To Enhance NSC Regulatory Capacity

  • NPA, Dangote Agree On Port Expansion, Export Promotion

  • “Tinubu Reforms Driving Surge In Customs Revenue”-CGC

  • Sea Port Efficiency: FG To Deepen Lekki Port Channel

  • Maritime Bank Takes Off, Gets President/CEO

Featured
Home›Featured›Fuel Importation: Reps invite NNPC, Marketers, by Judith Nwaode

Fuel Importation: Reps invite NNPC, Marketers, by Judith Nwaode

By Editor
May 13, 2017
1238
0
Share:

nnpc-truck

The House of Representatives Ad hoc Committee on Review of Pump Price of Petrol has directed the NNPC and its subsidiaries to make public the true cost of imported petrol.

The Chairman of the Committee, Rep. Raphael Igbokwe, gave the directive in an interview with the News Agency of Nigeria on Saturday in Lagos.

Igbokwe spoke on the side lines of the committee’s visit to Lagos depots of some private operators involved in transportation and distribution of petrol from the ports to the consumers.

NAN reports that the depots visited by the committee are Folawiyo Energy Limited, WOSBAB Energy Solutions, First Royal and Stallionaire Oil & Gas Limited.

According to him, NNPC and its subsidiaries sourced 90 per cent of petrol while private marketers sourced only 10 per cent of the product into the country.

“The reason for our curiosity and unannounced visit to some depots is that our investigation shows that importation of petrol is no longer profitable to the private marketers and dealers.

“The issue is how come that only the government agencies are engaging in the importation and supply of petrol.

“This will make us compel them to open their (NNPC and subsidiaries) books for Nigerians to know the true cost of importation of petrol,’’ Igbokwe said.

The chairman said that the committee would find out from neighbouring countries and refineries the cost of petrol per litre.

He said that the committee got authentic information from a reliable source that the price of petrol was around N230 to N250 per litre in neighbouring countries.

Igbokwe noted that the official landing cost of petrol was about N130 to N135.

He said that the committee, however, received information that the landing cost of petrol was higher than the N145 official rate fixed by the government.

Igbokwe commended the management of Folawiyo Energy and WOSBAB Energy for being diligent in their operations.

He directed the management of First Royal to appear before the committee on May 26 to present its record of operation and explain why it failed to honour two previous invitations by the committee.

According to Igbokwe, officials of the Directorate of Petroleum Resources (DPR), had on Thursday sealed Stallionaire Oil & Gas depot at Satellite Town, Lagos due to inadequate storage facilities.

He said that the committee would not shield any depot firm frustrating government’s efforts at making fuel available and affordable to Nigerians.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • More
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)

Related

Previous Article

Pastor Finds Diamond, Rejects $7.8m Offer…by Perpetual ...

Next Article

Costa Concordia: Captain Gets 16 Years in ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • FactFeaturedMaritime InfoNewsPhoto Gallery

    Shippers Council Seek Support for Truck Transit Parks

    Aug 19, 2016
    By Editor
  • FeaturedNews

    Americans Reject Covid19 Vaccines

    May 21, 2020
    By Editor
  • FeaturedMaritime InfoNews

    Maritime Education: NMU Partners MAN, Seeks Transformational Ideas

    Aug 17, 2021
    By Editor
  • FactFeaturedMaritime InfoNews

    Community Relations: Customs Train Officers on Proper Handling of Arms/Ammunitions

    Oct 9, 2016
    By Editor
  • FeaturedNews

    Oil Tanker Goes Missing

    Aug 20, 2018
    By Editor
  • FeaturedNews

    NIMASA: We Are Committed to Safety, Environment, Certification, Training-Jamoh

    Jan 29, 2022
    By Editor

Leave a Reply Cancel reply

  • NNPC
    News

    NNPCL, Daewoo sign $740m Contract for Kaduna Refinery

  • News

    IMO, EBRD Partner on Safer Shipping

  • News

    Osinbajo Calls For Sustainable Higher Education in Africa

Looking For Something?

Read From

  • Agriculture
  • Customs Operations
  • Fact
  • Featured
  • Interviews
  • Maritime Info
  • News
  • One Question
  • Photo Gallery
  • Profiles
  • sports

Just In

News

FG Commits To Enhance NSC Regulatory Capacity

Secretary to the Government of the Federation (SGF), Senator George Akume, has pledged the support of the Federal government to address and ensure that modern, the Nigerian Shippers’ Council, NSC, ...
  • NPA, Dangote Agree On Port Expansion, Export Promotion

    By Editor
    May 27, 2025
  • AfCFTA: Nigeria Launches Air Cargo Route To Boost Exports

    By Editor
    May 26, 2025
  • Canada Commends Nigeria On Anti Smuggling Efforts

    By Editor
    May 25, 2025
  • “Tinubu Reforms Driving Surge In Customs Revenue”-CGC

    By Editor
    May 25, 2025
  • Home
  • About Us
  • Contact Us
© 2013 Maritime Nigeria | All Rights Reserved