A tanker containing 45,000 litres of Premium Motor Spirit on Friday tumbled at Otedola Bridge, Lagos, causing multiple vehicle collisions. The tanker with an unknown registration number collided with four vehicles, leading to a fire incident. The Lagos State Emergency Management Agency confirmed the accident in a statement by its Permanent Secretary, Dr. Olufemi Oke-Osanyintolu….
Barely a week after the intervention that fixed aviation fuel at N480/litre, Jet-A1 scarcity has hit local airlines causing multiple flights delay. According to report, more than half of scheduled flights were delayed for hours yesterday. The operating carriers have also warned the travelling public to brace up for massive disruptions in the days ahead….
The Federal Government may soon end the fuel subsidy regime with the signing of the Petroleum Industry Bill by the President, Major General Muhammadu Buhari (retd.), on Monday. The report on Monday that the government’s position of fuel subsidy would form the major item during the Minister of State for Petroleum Resources, Chief Timipre Sylva’s…
