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All posts tagged "importation"

  • Subsidy debt: Marketers threaten to stop petrol importation

    The Major Oil Marketers Association of Nigeria,  whose members comprise Conoil, Forte, MRS, Mobil, Oando and Total, has threatened to stop importation of petrol due to the non-payment of their N40.6bn subsidy claims by the Federal Government....

    • Posted July 15, 2013
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  • FG may ban importation of generators; to declare state of emergency in power sector

    President Goodluck Jonathan, has restated the desire of the Federal Government to ensure steady power supply in the country, saying a proposal to ban importation of electricity generating sets may be implemented. Speaking at the fifth Academy...

    • Posted June 27, 2013
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  • N100bn subsidy debt threatens petrol supply

    The country may soon be thrown into another round of petrol scarcity if the Federal Government does not pay the N100bn subsidy arrears it owes major and independent marketers responsible for 67 per cent of fuel imports...

    • Posted June 7, 2013
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  • Excess crude account drops to $5.27bn

    The Minister of State for Finance, Mr. Yerima Ngama, has said that the country’s Excess Crude Account (ECA) has dropped to $5.27billion. He made this known after the monthly Federal Accounts Allocation Committee(FAAC) meeting in Abuja. Following...

    • Posted May 20, 2013
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  • Nigeria saves N4.2trillion on manufactured goods importation – Aganga

    Nigeria has recorded a significant improvement in its import trade figures as it saved N4.2tn in 2012 owing to a decrease in the importation of manufactured goods. The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga,...

    • Posted April 26, 2013
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  • Fresh pressure on FG to hands off refinery ownership

    Industry watchers say that the best way to make the nation’s four comatose refineries begin to function properly would be for the government to get out of the business of owning refineries. They say that if alternatively,...

    • Posted March 25, 2013
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  • SON worried over importation of N1trillion fake products

    NIGERIANS spent over N1 trillion on the importation of fake and sub-standard products last year, the Director-General of Standards Organisation of Nigeria (SON), Joseph Odumodu has said. Odumodu disclosed this Thursday in an interview with the News...

    • Posted February 15, 2013
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