Industries – Page 4 – Moov Logistics News

Scarcity: NBS puts average price of petrol at N191/litre

by Tola Ojobo - February 18, 2018February 18, 2018 01687

Many Nigerians are still paying far above N145 per litre pump price of petrol approved by the Federal Government for the product, a report of the National Bureau of Statistics has indicated. The NBS in its Premium Motor Spirit (petrol) price watch for January stated that on the average, Nigerians paid

No Love at the Pump as Petrol Rises to Sh107 in Kenya

by Casandra Aniemeke - February 16, 2018February 15, 2018 01813

Nairobi - Drivers will have to pay more at the fuel station after the Energy Regulatory Commission issued new rates in its monthly review. Super petrol is up by Sh1.62 to now retail at 107.92, the highest it has hit in three years. Diesel will retail at Sh93.68 while Kerosene hits

IMO moves to ban non-compliant fuel on board ships in 2020

by Casandra Aniemeke - February 11, 2018February 10, 2018 01699

ANTWERP, BELGIUM - JULY 9: Oil tanker moored near an oil silo in Port of Antwerp July 9, 2013 in Antwerp, Belgium. The Port of Antwerp is Europe's second largest seaport after Rotterdam. The International Maritime Organization’s Subcommittee on Pollution Prevention and Response has proposed to move forward with banning the

NNPC set to import 100 million litres daily to curb Fuel scarcity

by Casandra Aniemeke - February 9, 2018February 9, 2018 01635

The Nigerian National Petroleum Corporation on Thursday announced that it had programmed to bring in two cargoes of petrol per day for the rest of this month in order to boost supply and eradicate the fuel queues that had resurfaced in many cities across the country. It said each of the

Fuel scarcity worsens in Abuja, marketers arrested

by Tola Ojobo - February 8, 2018February 8, 2018 01570

File photo: A long queue of Motorist at a filling station in Wuse Abuja... on Wednesday. Photo: Olatunji Obasa/Punch Abuja (The Punch) - There seemed to be no end in sight with respect to the queues for petrol in Abuja and neighbouring states of Kaduna, Niger and Nasarawa, as the situation

Fuel Prices Expected to Continue Soaring on Uganda

by Casandra Aniemeke - February 7, 2018February 7, 2018 01922

Kampala (The Monitor) - In 2008, a litre of petrol used to cost Shs1,950. But 10 years later, this price has increased to Shs4,000, indicating a 51 percent increase. To break this further, it means 10 years ago if you had a fuel budget of Shs100, 000, you would get 51

Tanker drivers deny embarking on strike

by Casandra Aniemeke - February 3, 2018February 3, 2018 01768

Lagos (Punch) - The Petroleum Tanker Drivers, a branch of the Nigeria Union of Petroleum and Natural Gas Workers, has denied reports in the media that its members will embark on a strike action from Monday. The National Chairman, PTD, Akanni Oladiti, said the union did not issue any three-day strike

Autos officials hopeful that industry can avoid a NAFTA disaster

by Tola Ojobo - January 28, 2018January 27, 2018 01610

Montreal (Reuters) - Auto industry officials fretting about hardline U.S. NAFTA demands with the potential to turn a globally integrated industry upside down now are hopeful that a Canadian compromise plan could avert disaster. The officials, speaking to Reuters on the sidelines of NAFTA talks here, said strenuous lobbying efforts on

Nigerian Senate tells National Oil Corporation to End fuel scarcity in seven days

by Casandra Aniemeke - January 26, 2018January 26, 2018 01555

Abuja - Vehicles queuing for petrol as scarcity of the commodity persists in on Monday December 18, 2017 Abuja - The Nigerian Senate yesterday told the country's Nigerian National Petroleum Corporation to end the lingering scarcity of Premium Motor Spirit (petrol) within seven days. This was part of the resolutions made by

Zimbabwean Govt Reduces Duty On Fuel Imports

by Tola Ojobo - January 24, 2018January 23, 2018 01815

Harare (The source) - Government has reduced excise duty on fuel imports, in a move aimed at reducing overall production costs in the country. Petrol prices in Zimbabwe which are ranging between $1,40 and $1,56 per litre while diesel costs between $1,30 and $1,33 per litre, are expected to drop following