…Carries out on the spot checks of filling stations nationwide The Director of Petroleum Resources, Mr. George Osahon, adduced non-renewal of the contracts of some independent marketers to import PMS as a reason for the recent spate of fuel scarcity in the country. This position was adduced at the recent 2014 budget defense exercise in the National Assembly. The Director who was represen...

…..targets N250m revenue from licensing The Federal Government recently announced measures to liberalize oil bunkering operations in Nigeria. Steps to achieving the objective include the development of a new set of guidelines aimed at stimulating activities in the area in ways that would maximize value for the nation and stakeholders. Operations will rely on enhanced synergy and cooperat...