Tag: petroluem

Home / petroluem
Hardship: Daily petrol consumption drops by 92% under President Tinubu — Report
Post

Hardship: Daily petrol consumption drops by 92% under President Tinubu — Report

Hardship: Daily petrol consumption drops by 92% under President Tinubu — Report Daily consumption of Premium Motor Spirit (PMS) or petrol in Nigeria has dropped drastically under one year after President Bola Tinubu assumed office on May 29, 2023. Data obtained by Channels Television from the Nigerian Midstream and Downstream Product Regulatory Authority (NMDPRA) Daily...

Just In: EFCC Recovers N13billion Illegal Fuel Subsidy Payments As Syndicates Smuggle Crude To Cameroon, Benin Republic
Post

Just In: EFCC Recovers N13billion Illegal Fuel Subsidy Payments As Syndicates Smuggle Crude To Cameroon, Benin Republic

The Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission has recovered almost N13billion as proceeds of illegal payments made under the subsidy regime between 2017 and 2022. This is contained in a document published in the website of the Nigeria Financial Intelligence Unit on the National inherent risk assessment of money laundering and terrorist...