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3 days ago | 
punchng.com | Solomon Odeniyi |Stephen Angbulu |Dare Olawin |Bankole Taiwo |Maiharaji Altine |Isah Ojo | +6 more
President Bola Tinubu is planning to meet with the service chiefs to discuss the rising killings in Plateau, Benue and other parts of the country on his return to Abuja from his two-week working visit to Paris, the French capital. Tinubu returned to Abuja on Monday night after spending 18 days on a working visit and retreat in Paris and London.
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3 weeks ago | 
punchng.com | Stephen Angbulu |damilola aina |Dare Olawin |Dele Ogunyemi
President Bola Tinubu’s decision to sack Mele Kyari and other board members of the Nigerian National Petroleum Company Limited stems from mounting concern over performance and a failure to meet key production targets, Presidency officials have disclosed. In an abrupt move on Wednesday, Tinubu removed Kyari, who had been at the helm of the national oil company since 2019, as part of a broader overhaul, which the Presidency said was aimed at boosting Nigeria’s crude and gas output.
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1 month ago | 
punchng.com | Dare Olawin |Sami Tunji
•Fuel marketers decry closure of stations at border towns, citizens demand more Nigerian goodsLess than two years after President Bola Tinubu removed the fuel subsidy in Nigeria, the effect of the decision is now being felt deeply by neighbouring Niger Republic.
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1 month ago | 
punchng.com | Dare Olawin |Uthman Salami
The Electricity Distribution Company has cried out over the invasion of its corporate headquarters by men and officers of the Nigerian Air Force from the Sam Ethnan Air Force Base in Ikeja, Lagos State on Thursday.
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1 month ago | 
punchng.com | damilola aina |Dare Olawin |Josephine Ogundeji
In its bid to enhance the liquidity of the Nigerian Electricity Supply Industry, the Federal Government has said it is considering plans to regularise the electricity tariffs to address disparities in the current billing system for customers outside the Band A category. The proposed hike seeks to align tariffs for customers in the Band B and C categories with the N206/kW rate paid by Band A customers, who make up approximately 15 per cent of the total 12.82 million power consumers nationwide.
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1 month ago | 
punchng.com | Dare Olawin |Arinze Nwafor |Olasunkanmi Akinlotan |Temitope Aina |Gabriel Oshokha
Marketers of petroleum products have expressed concerns that the alleged harassment of tanker drivers by officials of the Lagos State Government could lead to fuel scarcity in a few days, as some filling stations were shut in various parts of the state on MondayThey also vowed to shut down operations in the South-West if the 30 tankers arrested by the Lagos State Government are not released.
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2 months ago | 
punchng.com | Dare Olawin |Justice Okamgba
There is looming fuel scarcity in Lagos and other parts of Nigeria as tanker drivers have stopped fuel loading over alleged harassment by officials of the Lagos State Government and the Federal Ministry of Transportation. Also, telecommunications companies have raised concerns over a possible network blackout as the strike by petroleum tanker drivers could disrupt diesel supply, threatening the operations of mobile and internet services.
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2 months ago | 
punchng.com | Josephine Ogundeji |Dare Olawin
Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027. This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, according to Bloomberg. She said the improved security around oil production and transportation sites is the key factor that supports the increase in output.
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Jan 18, 2025 | 
punchng.com | Okechukwu Nnodim |Dare Olawin
Oil marketers have declared that filling stations should not be blamed for the hike in the pump prices of Premium Motor Spirit, popularly called petrol, as queues for the commodity surfaced in various locations on Saturday. Many filling stations in Lagos, Ogun, Abuja, and Port Harcourt, among others, were closed on Saturday, as dealers explained that they were monitoring developments to make adequate price adjustments.
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Jan 17, 2025 | 
punchng.com | Okechukwu Nnodim |damilola aina |Dare Olawin
The pump prices of Premium Motor Spirit, popularly called petrol, have risen to between N1,050 and N1,150/litre depending on the area of purchase, following the hike in the cost of the commodity by the Dangote Petroleum Refinery and various depot owners. Dealers confirmed that PMS prices would continue to rise since the major component in fuel production, crude oil, has been on the upward swing lately.
