Headlines Subsidy removal without measures to cushion hardship untidy, Peter Obi declares By Abiodun Oba The announcement of subsidy removal without putting measures in place to cushion the hardship that comes with the action, amounted ... By maritimemagJune 7, 20230
Headlines Fuel subsidy, NLC asks pertinent questions By Tayo AFOLABI Ahead of its Wednesday declared nationwide strike, the National Labour Congress (NLC) has raised some salient questions over the spending ... By maritimemagJune 5, 20230
Headlines Nation’s refineries will come on stream gradually – Kyari By Abiodun OBA Plans are at an advanced stage to put the country’s four refineries in good shape in order to augment importation. ... By maritimemagJune 2, 20230
Headlines Dangote Refinery, designed to produce cleaner AFRI-6 (10 ppm sulphur) fuels from the onset – ARDA Abiodun OBA The Dangote Refinery has been affirmed to have been designed to produce cleaner AFRI-6 (10 ppm sulphur) fuels from the onset. ... By maritimemagMay 26, 20230
Headlines Sambo seeks involvement of NNPC in national fleet project —–as ministerial committee submits report Segun Oladipupo The Minister of Transportation, Mu’azu Jaji Sambo, has received an interim report ... By maritimemagSeptember 7, 20220
Headlines FG’s protectionist policies fuel smuggling – Stakeholders Abiola Seun Stakeholders in the nation’s maritime sector have called for a review of the federal government’s protectionist policies, saying the long prohibition list ... By maritimemagAugust 29, 20220
Headlines FG spends N1.593trn on fuel subsidy as refinery rehabilitation gulps N54.66bn Abiola Seun Latest data on the amount spent in subsidising Premium Motor Spirit (PMS), popularly called petrol, seen in Abuja showed that the government ... By maritimemagAugust 18, 20220
Headlines NIMASA, NLNG to set up standing committee to improve operations The Management of the Nigerian Maritime Administration and Safety Agency, (NIMASA) and that of the Nigeria Liquefied Natural Gas, NLNG, have agreed ... By maritimemagJuly 28, 20220
Headlines FG spent N1.5trn on petrol imports in Q1, 2022 The National Bureau of Statistics (NBS) has disclosed that Nigeria spent N1.51tn on the imports of premium motor spirit, also known as ... By maritimemagJune 7, 20220
Headlines UK, EU shut Russian Oil out of maritime insurance market The UK and the European Union have agreed to jointly shut off Russia’s access to oil cargo insurance, the Financial Times reported, which ... By maritimemagJune 5, 20220
Headlines NNPC, NPA to relay pipeline at Warri Port Abiola Seun The Nigerian Ports Authority, (NPA) said discussion is at an advanced stage with the Nigerian National Petroleum Corporation (NNPC) corporation for ... By maritimemagMay 23, 20220
Headlines Oil Theft: Court Jails Captain One Year, Forfeits Vessel to FG The Lagos Zonal Command of the Economic and Financial Crimes Commission, (EFCC), has secured the conviction and sentencing of one Omosehin Ipinle, a vessel captain, for ... By maritimemagApril 10, 20220
Headlines Court jails five oil thieves in Port Harcourt Justices P. M. Ayuba and S. D. Pam, both of the Federal High Court sitting in Port Harcourt, Rivers State, have convicted and ... By maritimemagApril 2, 20220
Headlines FG urges African countries to seek alternative funding as IOCs stop hydrocarbon investment Abiola Seun The Federal Government has said that the freezing of equity investment in upstream field development projects by International Oil Companies (IOCs), ... By maritimemagMarch 8, 20220
Headlines Nigeria reneges on payment of oil pollution compensation fund in three years Abiola Seun The National Standing Committee (NSC), International Oil Pollution and Compensation (IOPC), has said that Nigeria has not contributed to the IOPC’s ... By maritimemagMarch 4, 20220
Headlines Fuel scarcity: Why we withdrew our trucks – NARTO Segun Oladipupo The Nigerian Association of Road Transport Owners (NARTO) has explained that inadequate and unsustainable freight rate paid to it for its ... By maritimemagFebruary 11, 20220