Maritime Nigeria

Main Menu

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

logo

Header Banner

Maritime Nigeria

  • Home
  • News
    • Maritime Academy: A Very Critical National Asset-Dr. Okonna

      Jul 31, 2025
      0
    • "Efficient Sea Ports Crucial To Africa's Economic Growth"-Dr. Dantsoho

      Jul 30, 2025
      0
    • Nigeria's IMO Council Bid Gains Traction With MOWCA Executives

      Jul 30, 2025
      0
    • Customs Urge Nigerians To Comply With Visa Regulations

      Jul 30, 2025
      0
    • "MAN A Pivotal Institution For The Blue Economy" Senator Eshinlokun

      Jul 29, 2025
      0
    • Nigeria Customs Set To Recover ₦379.5Billion From 223 Companies

      Jul 25, 2025
      0
    • Seme Command Records N1.5b Revenue, Makes N1.2b Seizures

      Jul 24, 2025
      0
    • SON Celebrate Inuwa As Board Chairman

      Jul 21, 2025
      0
    • "How JournalNG Emerged Best Maritime Magazine"-Kagbare

      Jul 21, 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
  • Maritime Academy: A Very Critical National Asset-Dr. Okonna

  • “Efficient Sea Ports Crucial To Africa’s Economic Growth”-Dr. Dantsoho

  • Nigeria’s IMO Council Bid Gains Traction With MOWCA Executives

  • Customs Urge Nigerians To Comply With Visa Regulations

  • “MAN A Pivotal Institution For The Blue Economy” Senator Eshinlokun

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
1280
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

  • FeaturedNews

    Rwanda Deploy Robots For Covid19

    May 13, 2020
    By Editor
  • FeaturedNews

    New Rails on Track…minister

    Mar 7, 2016
    By Editor
  • FeaturedNews

    WE CANNOT UNDERMINE MARITIME WORKERS –FG

    Oct 14, 2022
    By Editor
  • FeaturedNews

    Digital Currency: Nigeria Launches eNaira

    Oct 26, 2021
    By Editor
  • FeaturedMaritime InfoNews

    “Maritime Holds Huge Economic Opportunities”-FG

    Jan 19, 2020
    By Editor
  • FactFeaturedNews

    FOR A JOB WELL DONE, FG SALUTE EFFEDUA

    Aug 30, 2021
    By Editor

Leave a Reply Cancel reply

  • Maritime InfoNews

    Chinese President Calls For Global Maritime Synergy

  • FeaturedNews

    US Iran Face Off: Oil Prices to Soar

  • News

    NDLEA Intercept Marijuana in FCT

Looking For Something?

Read From

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

Just In

News

Maritime Academy: A Very Critical National Asset-Dr. Okonna

As MAN Trains 4, 595 Professionals, Restores Connection to National Grid, Begins Rewiring The Acting Rector, Maritime Academy of Nigeria, MAN, Oron, Dr. Kevin Okonna, has again emphasized the critical ...
  • “Efficient Sea Ports Crucial To Africa’s Economic Growth”-Dr. Dantsoho

    By Editor
    Jul 30, 2025
  • Nigeria’s IMO Council Bid Gains Traction With MOWCA Executives

    By Editor
    Jul 30, 2025
  • Customs Urge Nigerians To Comply With Visa Regulations

    By Editor
    Jul 30, 2025
  • “MAN A Pivotal Institution For The Blue Economy” Senator Eshinlokun

    By Editor
    Jul 29, 2025
  • Home
  • About Us
  • Contact Us
© 2013 Maritime Nigeria | All Rights Reserved