The federal government’s plan to introduce a 5 percent surcharge on refined petroleum products — including petrol and diesel — has been met with swift and loud opposition from industry stakeholders, civil society groups, and political figures. The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has warned that the tax could push many … Read more
The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its commitment to re-stream the Port Harcourt Refining Company (PHRC), marking the start of crude oil processing and the distribution of petroleum products to the market. This milestone was announced in a statement on Tuesday by the Chief Corporate Communications Officer of NNPC Ltd., Olufemi Soneye. … Read more
EKO HOT BLOG reports that the Nigerian Navy has arrested two individuals for alleged involvement in oil theft activities in Rivers State. The suspects were caught operating a covert bunkering operation hidden within their private residence. EDITOR’S PICK FG To Repatriate 250 More Nigerians From UAE JUST IN: Imo Assembly Votes Out Chief Judge For Alleged … Read more
The Senate has raised concerns about the increase in substandard petrol and diesel in Nigeria. EKO HOT BLOG reports that the Senate on Wednesday raised an alarm over the increase in substandard Premium Motor Spirit (petrol) and diesel in the Nigerian market. Senator Asuquo Ekpeyong noted that on June 16, 2024, a report revealed that 12 … Read more
Eko Hot Blog reports that the Managing Director of Financial Derivatives Company Limited, Bismark Rewane, has predicted that the pump price of diesel would drop significantly in May with the commencement of diesel production at Dangote Refinery. The renowned economist made this projection while appearing on Channels TV’s news bulletin. Editor’s Picks Lagos Govt Announces … Read more
NNPC has refuted claims of a decrease in petrol and diesel prices at its filling stations nationwide. Chief Corporate Communications Officer, Olufemi Soneye, clarified that reports of a price crash were false. The company affirmed that there were no plans for price adjustments. Eko Hot Blog reports that The Nigerian National Petroleum Corporation (NNPC) has … Read more
EKO HOT BLOG reports that the Nigerian Federal Government has unveiled intentions to shift the locomotives of the Nigerian Railway Corporation (NRC) from diesel to both liquefied natural gas (LNG) and compressed natural gas (CNG). According to reports from this online media platform, the announcement was delivered by the Minister of Transportation, Said Alkali, emphasizing the … Read more
Eko Hot Blog reports that the Nigerian Association of Road Transport Owners (NARTO) has suspended its planned nationwide strike. This development came after Monday’s meeting with the Federal Government and stakeholders, following the suspension of operations by tanker drivers who halted the lifting of petroleum products due to harsh economic conditions. The Federal Government had … Read more
Eko Hot Blog reports that the Dangote Petroleum Refinery company has sought the approval of the Federal Government to hit the domestic market with diesel and aviation fuel. The approval is expected from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, which is responsible for the regulation of midstream and downstream petroleum operations in … Read more
High cost of diesel hampering our operations – LAWMA …We are assuring Lagosians of our total commitment to rid the environment of dirt EDITOR’S PICK: BREAKING: Firm Announces Annual Tonnes Of Plastic Waste Generated In Lagos JUST IN: LASG Partners ELCA To Produce 128 Young Filmmakers Fresh Graduate JUST IN: Lagos To Demolish Five Structures, … Read more
Kyari stated that the government cannot afford the payment of subsidies on diesel The lawmakers had summoned stakeholders in the oil and gas sector, including NNPC and NMDPRA to an investigative hearing EDITOR’S PICK Ohanaeze Reveals Why Nnamdi Kanu Was Denied Bail Drama As PDP Gives Ex-President Obasanjo 48hrs To Clarify Atiku’s ‘Regret’ Remarks Tinubu … Read more
We are committed to a clean environment – LAWMA boss …appeals for waste containerisation EDITOR’S PICK: BREAKING: Lagos PDP Nominates Nollywood Actress As Potential Running Mate Buhari Writes Sanwo-Olu On Brithday Ceremony JUST IN: My School Certificates Were Stolen In 1990- Tinubu EKO HOT BLOG reports that despite the difficulty of diesel scarcity, Lagos Rubbish … Read more
FG Finally Speaks On Rising Price Of Diesel, Aviation Fuel, Reveals Reason Chief Sylva explained that the prices of both products which are imported are being impacted by foreign exchange rate EDITOR’S PICK: Police Recover Unexploded IEDs At Owo Church Owo Church Attack “Targeted At Turning Yorubaland Into A War Zone” – Ooni Of Ife … Read more
By Babatunde Kaka The Management of the popular LA CASA Hotel situated along Yemco Road, Poka, Epe, has reacted to the unfortunate incident of 2 dead bodies found in the Hotels Diesel Tank. The Management, in a chat with Ekohotblog, said that it is essential to correct the misapprehension of the unfortunate incident, the demise … Read more
…indicating that many citizens in Nigeria depend on generators for electricity. EKO HOT BLOG reports that generators powered by petrol, diesel and gas provide 48.6 per cent of the electricity consumed by power users across the country, according to the latest data obtained from the National Bureau of Statistics (NBS). A document by the NBS … Read more
The federal government says the hardship that is occasioned by the deregulation of the downstream sector is just for a little time and that Nigerians will get accustomed to the fluctuation of the pump price of petrol. Speaking while addressing state house correspondents on Monday after a meeting with President Muhammadu Buhari in Abuja on, … Read more
In a viral video shared on the Internet, residents were seen scooping diesel from a fallen tanker at Opic. A diesel tanker had in the early hours of Wednesday, April 8, 2020, tipped over and spilled its flammable contents on the Ibadan express road, OPIC area of Ogun State. The people were seen, both old … Read more
A tanker laden with 33,000 litres of diesel, has fallen and spilled its content along the Ozumba Mbadiwe Avenue at Victoria Island, Lagos State. According to the Director-General, Lagos State Emergency Management Agency, Dr. Oluwafemi Oke-Osanyintolu, one of the tyres of the truck conveying the diesel burst while in motion and the truck ran over … Read more