Trending News
Tuesday, 22 October
  • Home
  • Business Listing
  • Property Listing
  • About Us
  • contact us
News/Opinion

Petrol Marketers Import 123m Litres, Continue Talks with Dangote

21 October

Reported by Ibadan Media


At least four vessels carrying imported Premium Motor Spirit (PMS), commonly known as petrol, arrived at seaports along Nigeria’s borders between Friday, October 18, and Sunday, October 20.

A document obtained from the Nigerian Port Authority on Sunday revealed that approximately 123.4 million litres of petrol were offloaded at two seaports to boost fuel supply across the country.

This development aligns with an earlier exclusive report by The PUNCH, which indicated that oil dealers planned to import petrol to supplement supply from the $20 billion Dangote Petroleum Refinery. The dealers had stated that the refinery’s current output, around 10 million litres of petrol per day, was insufficient to meet local demand, compared to the 25 million litres it had initially promised.

In September, the source also reported that importation of about 141 million litres of PMS due to a hike in the pump price of petrol produced by the Dangote Refinery and distributed by the Nigerian National Petroleum Company Limited (NNPCL). Oil marketers attributed the imports to the government\'s full deregulation of the downstream oil sector, which allowed more flexibility in PMS imports.

An analysis of the document showed that the recent shipments arrived at Lagos\' Apapa Port and the Calabar Port in Cross River State. However, it was not confirmed whether the vessels belonged to NNPCL or independent oil marketers.

The first shipment, carrying 35,000 metric tonnes of PMS, was allocated to West African Port Services and arrived at the ASPM jetty on Friday, October 18, at 10:13 am, The Punch reported.
Share This Post :
  • Previous Post

    Sango Fire Outbreak: Senator Sympathies With Victi..

Leave A Reply

Similar Stories

Sango Fire Outbreak: Senator Sympathies With Victims, Seeks Support From Government
Akungba-Akoko Student Allegedly Murdered By Unidentified Assailant(S) In Her Room
Corps Members No Longer Posted To Unsafe States - FG
Makinde Set To Sign New Bill Into Law
Oyo Govt Moves To Take Over Abandoned Buildings
Breaking News: APC Chieftaincy, Medical Doctor, Dies OF Heart Attack During AFCON Match
Ibadan Explosion: Notable Figures, Mining Companies Undergoes Investigation
Lawmakers Are Going To Reopen The Case Of State Policing - Oyo Federal Law Maker
Breaking: Lagos Nurses Protest Over New Certificate Verification Guidelines
NLC Pushes N1M As New Minimum Wage
Oyo Assembly Passes New Bill For Rule of Law Enforcement Authority
Nigerian Police Warns Citizens Against Fake News Dissemination, Promises To Take Action Against Defaulters
In Order To Avoid Flood Disaster, Dispose Waste Properly Not In Water Bodies – NGO Cries Out
Just In: Ibadan Residents Begins Protest Over High Cost Of Living
Lion Kills Veterinary Technologist In OAU Zoo While Feeding
Cement Manufacturer Express Readiness To Bring Down Prices Of Product
Makinde Urges Corps Members Not To Follow Slang, ‘No Gree For Anybody’
Seyi Makinde, Lucy Ayedatiwa, Other Prominent Nigerians Pay Akeredolu Last Respect
Travellers Lament As Flood In Olodo Leaves Them Stranded
Man Dies While Rescuing Son From Well
Three Siblings suffocates To Death Inside Motionless Car
Maritime Workers Sets To Join NLC Strike, Moves To Shut Down Sea Port
One Life Claimed, Many Injured In Lagos-Ibadan Expressway Auto Crash
Just In: Many injured As Car Crashes Along Lagos-Ibadan Expressway
Oyo Chief Judge Grants Freedom To 38 Inmates, Aims To Decongest Prisons
Two Dead, Others Injured In Palliative Stampede
Binance Executive Escapes FG Custody
Support This Administration Against Street Trading - Environment Comm.
‘We Cannot Arrest Bobrisky, Because…’ – Force PRO, Adejobi
EFCC Arrests Idris Okuneye Popularly Called Bobrisky Over Naira Abuse
Over N650M Debt Profile: Oyo Clamps Down on Advertising Practitioners, Third-party Agents
Former First Bank Chairman, Ajibola Afonja Passes Away At 82
IGNITE HOPE, JULIKOL Plans Fun-Filled Fest For Slum Kids
NBA Ibadan Names Building After Akeredolu
Ayegun-Oleyo Road Construction Approved By FG, Residents Relieved
Democracy Day: FG Declares June 12 Public Holiday
Democracy Day: Police arrest June 12 protesters in Ibadan
Nigerians Are Suffering, New Anthem Not Priority – Makinde
Bukola Saraki Loses Mother At 89
Nnamdi Kanu Seeks Negotiation With FG Over Trial
EFCC Arrests Ex-Union Bank Staff For N4.2 Million Theft From Deceased Customer’s Account
Oyo State High Court Justice Is Dead
NAF Helicopter Crashes In Kaduna, Pilot Survives
Apartment Building Collapses In Abuja, Three Injured
Oyo Govt Condemns Vandalism Of Newly Rehabilitated Road
Oyo Govt Clamps Down On Shanties, Condemns Dumping Of Building Materials On Roads
Oyo House Of Reps Member Is Dead
Oyo Set to Showcase Cultural Potential at 2024 Egungun/Fuji/Amala Festival
Tears As Late Reps Member Akinremi Is Laid To Rest in Ibadan
Alleged Police Extortion: IPMAN, NUPENG Suspend Strike In Oyo, Osun
FRSC Appoints New Zonal Commander For Oyo, Osun, Ondo States
AU Meeting: Tinubu Addresses African Leaders, Highlights ECOWAS Achievements
Max Air: 100 Passengers Stranded In Abuja As Plane Tyre Bursts
Max Air: FAAN Closes Yola Airport Runway After Plane Incident
Nationwide Protest: Learn From #ENDSARS, Ezekwesili Urges FG
SIM Blockage: MTN Faces Backlash From Users In Ibadan
Police Ready To Protect Peaceful, Lawful Protesters – Oyo CP
Tinubu Approves Youth Secretariat For FCT
Nationwide Protest: Ex-Oyo Deputy Gov Urges Youth To Exercise Caution
Nigerian Music Icon, Onyeka Onwenu Dies At 72
#EndBadGovernance: Protests Begin In Ibadan
Nationwide Protests: Commercial Activities Paralyzed In Ibadan As Residents Stay Indoors
August 1 Protests: Banks, Petrol Stations, Shops Shut Down In Ibadan
#EndBadGovernance: Protests Turn Violent In Kano, Gombe, Abuja
Taiwo Akinkunmi: Makinde Releases Funds For Burial Of National Flag Designer
EndBadGovernance Protest In Ibadan Continues Despite Tinubu’s Broadcast
#EndBadGovernance: Protest Resumes In Ibadan Despite Tinubu’s Broadcast
IYD: Ibadan North Chairman, Hon. Olufade; DCoS, Hon. Oyekunle; PDP Youth Leader, Hon. Michael, Others Present as Hon. ‘Demola Hosts 3rd Itesiwaju Oyo Synergy
Isese Festival: Makinde Declares August 20 Work-Free Day
Oyo APC Chairman Reportedly Dies In US
Isese Day: Oyo, Osun, Lagos, Ogun Declare Today As Public Holiday
Betty Akeredolu’s BeMore Foundation Organises Tech Summer Bootcamp In Oyo
Oyo Govt Warns Traffic Offenders, Arrest 52 Defaulters, Sensitizes Park Managers
Julikol Foundation Hosts Slum Kids Fest In Makoko Community
Fire ravages goods worth millions of naira in another Ibadan market
Ibadan Residents Storm Secretariat Over Demolition Of Houses
Stop Demolishing Our Houses, Ibadan Residents Appeal To Makinde
NAFDAC Destroys Fake Products Worth N43 Billion In Ibadan
Oyo Govt Orders Officials To Halt Marking And Demolishing Of Buildings Along Ibadan Circular Road
Fire Razes Section Of UCH After Spark In Faulty Electricity Panel
UNGA: Nigeria Demands Permanent Security Council Seats For Africa
Flood Control: Oyo Desilts Over 153km Drainages, Culverts
Flood in Ibadan Claims Two Lives, Leaves Two Missing, and Displaces Many
Oyo AAC Declares Support for October 1 Protest
FG To Toll Lagos-Ibadan Expressway, Second Niger Bridge, Others
Akwa Ibom First Lady Patience Umo Eno Is Dead
Reps Begins Probe Of GTCO, Segun Agbaje Over Alleged N1Trillion Profit
Oyo NUJ Hails Tinubu’s Appointment Of Tegbe As DG, Nigeria-China Strategic Partnership
No One Who Disrespects Or Assaults Our Officers Will Go Unpunished - OYRTMA Chairman
October 1 Protest: Oyo Residents Demand Reversal Of PMS Price, Others
NNPCL Delivers 48.6m Barrels Of Crude Oil To Dangote Refinery
Senate Summons Works Minister, Umahi, Over Poor State Of Oyo-Ogbomoso Highway
Alleged ₦110bn Fraud: Court Issues Public Summons Against Yahaya Bello
Niger State Boat Tragedy: 70 Bodies Recovered As Rescue Operations Continue
Nigeria On The Brink, Needs Rescue In 2027 – Tambuwal
We Are Not Revoking Anyone’s Land - Oyo Housing Corporation Chairman
OYRTMA Closes Mokola-Sango Route Due To Ongoing Reconstruction
Nigeria Gets Additional $1.8m From IOM To Support Flood Victims
Stranded Traders Sell Off Livestock, Perishable Goods Over Poor State of Ogbomoso/Oyo Road
‘Nigeria Was Not Snubbed’, Presidency Addresses Exclusion From 2024 UN Council Elections
Oyo State Governor Advocates For UNESCO Recognition Of Igbo Ora Twins Festival
Six Dead, Others Injured In Amuloko Road Accident
Ladoja Loses Wife
Ifesowapo-Jenriyin Community Leaders Praise Chairman Kamorudeen For Quick Response To Flood Mitigation Efforts
NBS Ranks Oyo Number One in the South
CBN Plans To Unveils Improved Website
Protest Erupts In Ona Ara LGA As Communities Face Land Grabbing Crisis
Protest Erupts in Ibadan as Communities face Land Grabbing Crisis
Bodija Explosion Victims Lament Unsafe Homes, Inability To Return
Tragic As Petrol Tanker Explosion Claims 140 Lives in Jigawa
Oil Magnate, Akinduro, Files N5bn Lawsuit Against EFCC For Unlawfully Declaring Him Wanted
Many Injured As CNG Powered Vehicle Explodes In Edo
Youths to Protest Oyo Ogbomoso Highway Abandonment
Nigeria\'s National Power Grid Collapses for Third Time in One Week
Investigative Panel Reveals Bobrisky Received Special Privileges While In Jail
Scout Commissioners Protest Against Alleged Impostors In Oyo
Flooding Collapses Bridge In Eruwa, Stranding 50 Communities
Kano Bans AIT, NTA, Other Journalists From Covering Activities
MTN Will Shut Down Without Tariff Hike - CEO
BREAKING: Bill To Create New Oyo State Passes 2nd Reading

Recent Post

Stay Connected With Us