Petroleum

Passengers stranded as fuel scarcity hits Lagos

Many passengers were stranded at various bus stops in Lagos State, Monday morning, as commercial vehicles were scarce on the road. The scarcity of vehicles was attributed to the fuel scarcity, which was gradually building up in some parts of Lagos. A reporter saw that many people were stranded at …

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Oando, Lagos partner on electric mass transit buses

LAGOS—Oando Plc. has recorded another milestone with the signing of a Memorandum of Understanding, MoU, with the Lagos Metropolitan Area Transport Authority, LAMATA, for the introduction of electric mass transit buses. A statement by the Managing Director, LAMATA, Mr. Abimbola Akinajo, said: “Oando Clean Energy came to us with a …

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NARTO, NUPENG-PTD suspend planned industrial action

The Petroleum Tanker Drivers branch of the Nigeria Union of Petroleum and Natural Gas workers and the Nigerian Association of Road Transport Owners on Thursday suspended their plans to embark on industrial action. Both groups had last week threatened to embark on strike over the alleged diversion of the N621bn …

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Consumers fumes over silent increase in electricity tariff amidst fuel scarcity

Electricity consumers on Thursday kicked against the silent increase in the tariff payable by customers to power distribution companies for electricity consumed. They said it was worrisome that the government was allowing Discos to raise electricity tariff amid fuel scarcity across the country. Adulterate fuel imported into country about two …

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