Featured Gas Oil

Suspend companies involved in bad fuel importation — Reps to NNPC

There was anger in the House of Representatives at the plenary on Thursday over the recent importation of adulterated Premium Motor Spirit, popularly called petrol, into Nigeria.

The House consequently resolved to investigate the matter, insisting that the government officials in the import and distribution chain, whose action or inaction led to the spread of the commodity, must be held accountable.

The Nigerian National Petroleum Company Limited, and MRS Oil Nigeria Plc had traded blame on the issue.

The Group Managing Director, NNPC Limited, Mele Kyari, had named MRS and three other dealers as the firms that imported the contaminated products into Nigeria.

But MRS had on Wednesday denied any involvement in the imports of the adulterated products, as it explained that methanol was prohibited in petrol imported into Nigeria.

Related posts

$15.4bn lost to oil production shortfalls in 2022

Our Reporter

Envoy tasks Nigerians on community development

Editor

How Nigerian Stock Exchange Emerged World’s Best In 2020 –Onyema

Our Reporter

OPEC yet to agree final deal as Iran seeks exemptions -Sources

Editor

Wabote: Security critical for growth in oil, gas sector

Abisola THOMPSON 

Power generation rises in 48 hours, hits 4,864MW

Our Reporter