Customs releases impounded trucks after CGC’s intervention at bonded terminal
By Godwin Oritse The Nigeria Customs Service (NCS) has released 36 trucks belonging to members of the Association of Maritime Truck Owners (AMATO) that were impounded during an investigation into alleged trade infractions at Zarmmak Bonded Terminal in the Amuwo Odofin area of Lagos. The trucks were detained by Customs Police attached to the Zone ‘A’ […]
‘I don’t want to lose money’
The series on “You can invest”, which dove-tailed into the one on “Why you are not investing”, received interesting responses from readers.
Nigeria’s production down by 160,000 bpd — Alison-Madueke
Nigeria is losing about 160,000 barrels of oil daily due to the activities of pipeline vandals, the Minister of Petroleum Resources, Mrs Diezani Alison-Madueke has said.
Petrol price reduction: FG considers increase in marketers’ margin
The Federal Government has reached an agreement with major oil marketers in the country’ for an upward review of traders/marketers margins in the sale of imported Premium Motor Spirit, PMS or petrol.
Vandals attack Trans Forcados pipeline again
ABUJA — The Trans Forcados oil pipeline has again been vandalised at Oteghele axis in Bayelsa State by yet-to-be identified persons, causing a crude oil spill in the area.
Egbin Power invests N50bn
Residents of Lagos and its environs may be in for improved power supply going by the investment of N50 billion for the restoration of 220 megawatts of unit six of the Egbin Power Plant.
