• Home
  • About Us
  • Contact
Monday, May 11, 2026
News On Spot
  • Home
  • News
    Dandutse

    Senator Dandutse Condemns Xenophobic Attacks on Nigerians in SA…

    House of Representatives

    Nigeria Reps Call for Suspension of South African Business Permits Over Xenophobic Attacks…

    Public Holidays

    FG Declares May 1 Public Holiday to Mark 2026 Workers’ Day…

    Bianca

    Tinubu Appoints Bianca Ojukwu as Foreign Affairs Minister…

    NLC

    Joe Ajaero: ₦1m Salary Worthless Without Strong Naira…

    Tunde Ayeni

    EFCC Arrests Tunde Ayeni Over Alleged N36.5bn, $30m Fraud…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    AMVCA

    AMVCA 2026 Celebrates Africa’s Best in Film and Entertainment…

    BBNaija

    Big Brother Naija Season 11 Auditions Set to Begin Soon…

    Cecilia Obi-Kechere

    Nollywood Mourns Veteran Actress Cecilia Obi-Kechere (Miss Koi Koi)…

    Lateef Adedimeji

    Video:;Lateef Adedimeji, Wife Adebimpe Oyebade Welcome Triplets…

    Solomon Akiyesi

    Nollywood Mourns Actor Solomon Akiyesi’s Sudden Death…

    Patrick Doyle

    Patrick Doyle Announces Heartbreaking Loss Of Newborn Daughter…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    Bianca Odumegwu-Ojukwu

    Bianca Odumegwu-Ojukwu Celebrates Twins’ Birthday with Love…

    UK Visa

    UK Raises Visa, ETA Fees for Tourists, Students, Workers from April 2026…

    eVisa

    UK Moves Fully Digital: Paper Visas Scrapped as eVisas Launch February 25…

    ESHDC

    Enugu Housing Corporation Opens New Estates, Offers Discounted Plots to Homebuyers and Investors…

    Salary

    10 Smart Ways to Make Your Salary Last All Month…

    “How was your night?”

    Why “How Was Your Night?” Isn’t Always the Right Greeting – And What to Say Instead…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    MultiChoice

    Is DStv Too Expensive? Nigerians Ditch Pay TV Over Price Hikes…

    Microsoft

    Microsoft To Shut Down Lagos Centre, 200 Jobs At Risk…

    Multichoice

    DSTV Price Hike: More Nigerians Consider SLTV, Others…

    NIMC

    Guide On How To Register For & Use The New 2024 NIMC Self Service Portal…

    Mobile Data

    Reasons Why Your Mobile Data Ends Quickly…

    Elon Musk

    Elon Musk Unveils New Name, Logo For Twitter…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • News
    Dandutse

    Senator Dandutse Condemns Xenophobic Attacks on Nigerians in SA…

    House of Representatives

    Nigeria Reps Call for Suspension of South African Business Permits Over Xenophobic Attacks…

    Public Holidays

    FG Declares May 1 Public Holiday to Mark 2026 Workers’ Day…

    Bianca

    Tinubu Appoints Bianca Ojukwu as Foreign Affairs Minister…

    NLC

    Joe Ajaero: ₦1m Salary Worthless Without Strong Naira…

    Tunde Ayeni

    EFCC Arrests Tunde Ayeni Over Alleged N36.5bn, $30m Fraud…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    AMVCA

    AMVCA 2026 Celebrates Africa’s Best in Film and Entertainment…

    BBNaija

    Big Brother Naija Season 11 Auditions Set to Begin Soon…

    Cecilia Obi-Kechere

    Nollywood Mourns Veteran Actress Cecilia Obi-Kechere (Miss Koi Koi)…

    Lateef Adedimeji

    Video:;Lateef Adedimeji, Wife Adebimpe Oyebade Welcome Triplets…

    Solomon Akiyesi

    Nollywood Mourns Actor Solomon Akiyesi’s Sudden Death…

    Patrick Doyle

    Patrick Doyle Announces Heartbreaking Loss Of Newborn Daughter…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    Bianca Odumegwu-Ojukwu

    Bianca Odumegwu-Ojukwu Celebrates Twins’ Birthday with Love…

    UK Visa

    UK Raises Visa, ETA Fees for Tourists, Students, Workers from April 2026…

    eVisa

    UK Moves Fully Digital: Paper Visas Scrapped as eVisas Launch February 25…

    ESHDC

    Enugu Housing Corporation Opens New Estates, Offers Discounted Plots to Homebuyers and Investors…

    Salary

    10 Smart Ways to Make Your Salary Last All Month…

    “How was your night?”

    Why “How Was Your Night?” Isn’t Always the Right Greeting – And What to Say Instead…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    MultiChoice

    Is DStv Too Expensive? Nigerians Ditch Pay TV Over Price Hikes…

    Microsoft

    Microsoft To Shut Down Lagos Centre, 200 Jobs At Risk…

    Multichoice

    DSTV Price Hike: More Nigerians Consider SLTV, Others…

    NIMC

    Guide On How To Register For & Use The New 2024 NIMC Self Service Portal…

    Mobile Data

    Reasons Why Your Mobile Data Ends Quickly…

    Elon Musk

    Elon Musk Unveils New Name, Logo For Twitter…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
News On Spot
No Result
View All Result
Home Oil And Gas

FG Grants Six Companies License To Import Petroleum Products…

newsonspotadmin by newsonspotadmin
June 20, 2023
in Oil And Gas
Reading Time: 2 mins read
0
Petroleum Products

The Federal Government, on Monday, said six new companies have received approval to import petroleum products into Nigeria.

The Managing Director of Nigeria Mainstream and Downstream Petroleum Regulatory Authority (NMDRA), Farouk Ahmed made this disclosure to state correspondents at the Presidential Villa.

Farouk stated that apart from the approved six, several companies applied for permit to import petroleum in due course.
Ahmed also debunked insinuation that the Nigerian National Petroleum Company Limited (NNPCL) had given approval to Dangote Group to import petroleum, saying that the company has no powers to give such approval.

The managing director further noted that there are several companies that applied for fuel importation permit and anyone can apply for importation to get access to the port as the authority is open to all those interested in importing.

Ahmed said, “There are six companies who said they want to import fuel in July. Of course, all the others may import in December in November, or anytime but those who expressed interest to bring in fuel in July there were six of them as of this morning.
“The beauty of it is that there are interests which means that they have been able to have access to foreign exchange in order to import.

“Now, as we go along, of course, we’ll be briefing you on the progress or the achievements so far, but the important thing is that NNPC has 30 days fuel sufficiency, so we do not anticipate any gap in supply or in distribution.”

Meanwhile, President Bola Tinubu has taken steps to stop ship owners from withdrawing their vessels over what they see as excessive back charges.

The Special Adviser to the President on Revenue, Zacchaeus Adedeji, who led government officials in an interactive session with shipping stakeholders at the State House, warned that Nigeria cannot afford not to have vessels move in and out of the country.

Reports had suggested that at least two ship owners said they were keeping their vessels away from Nigeria after a series of multimillion dollar tax bills were sent out, seeking to recover back unpaid duties from 2010 to 2019.

Briefing State House correspondents after a meeting today with stakeholders, Adedeji allayed fears within the oil and gas sector, spelling out the agreement reached to avert vessel withdrawal so as not to disrupt the flow of products.

The presidential aide assured that a technical committee has been set up to resolve the issues in contention.
He noted that no vessel would be arrested or detained as the committee works to reconcile the back taxes.

Tags: Farouk AhmedFederal GovernmentManaging Director of Nigeria Mainstream and Downstream Petroleum Regulatory AuthorityNewsonspotNMDRASpecial Adviser to the President on RevenueZacchaeus Adedeji
ShareTweetShare
Previous Post

Sultan Declares Wednesday June 28 Eid al-Adha…

Next Post

Video/Photos: Hilda Baci Receives Guinness World Record Plaque…

newsonspotadmin

newsonspotadmin

Related Posts

OPEC
Oil And Gas

United Arab Emirates Exits OPEC After 60 Years…

April 30, 2026
TUC
Oil And Gas

TUC Warns Petrol May Hit N2,000 Per Litre Amid Naira Crisis…

April 10, 2026
Bola Tinubu
Oil And Gas

Tinubu Approves NNPC’s Request To Spend Dividends On Subsidy…

August 19, 2024
Dangote
Oil And Gas

Reps Demand Suspension Of Petroleum Regulatory Boss Over Comments On Dangote Refinery…

July 25, 2024
Mele Kyari
Oil And Gas

NNPC Declares State Of Emergency On Oil Production…

July 3, 2024
Refinery
Oil And Gas

Dangote Refinery: Another Nigerian Refinery Set Date to Begin Selling Fuel to Marketers…

April 20, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
ST Team

ST Team Hosts Maiden Business Banquet, Unveils AI-Driven Investment Vision…

February 3, 2025
Uber

Uber Driver Drops Passengers Off At The Airport, Returns Back To Rob Their Home…

September 27, 2022
Lagos State Governor-Sanwo-Olu

Lagos Govt Declares 4-day Public Holiday…

January 19, 2023
Airline

Another Anambra Billionaire Set To Unveil New Airline…

May 17, 2024

Bill Gates steps down from Microsoft board to focus on philanthropy

0

Overlooked No More: Ni Gusti Ayu Raka Rasmi, Balinese Dancer

0

Nigeria vs Sierra Leone, other AFCON 2019 qualifiers cancelled

0

Osinbajo‘s convoy involved in accident, VP loses police outrider

0
Dangote Group

Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments…

May 10, 2026
Fubara

APC Clears Fubara for Second-Term Governorship Race in Rivers…

May 10, 2026
Aliko Dangote Foundation-ADF

Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows…

May 10, 2026
Electricity

Lagos Residents May Face Higher Electricity Tariffs – Govt…

May 10, 2026

Recent News

Dangote Group

Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments…

May 10, 2026
Fubara

APC Clears Fubara for Second-Term Governorship Race in Rivers…

May 10, 2026
Aliko Dangote Foundation-ADF

Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows…

May 10, 2026
Electricity

Lagos Residents May Face Higher Electricity Tariffs – Govt…

May 10, 2026
News On Spot Logo

Browse by Category

Archives

  • Home
  • About Us
  • Contact

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Home
  • About Us
  • Contact
  • Entertainment
  • Politics
  • Business
  • Health
  • Sports
  • World
  • https://newsonspot.com.ng/2024/05/20/fidelity-bank-distributes-food-packs-to-families-in-keffi/
  • https://newsonspot.com.ng/2024/06/11/minimum-wage-labour-will-wait-for-tinubus-decision-ajaero/
  • https://newsonspot.com.ng/2024/12/05/zenith-bank-wins-bank-of-the-year-nigeria-in-the-banker-awards-2024/
  • https://newsonspot.com.ng/2024/04/16/lagos-opens-3-month-window-for-house-owners-to-regularise-permits/
  • https://newsonspot.com.ng/2024/03/10/emp-industry-meet-up-spotlights-generation-zs-pivotal-role-in-shaping-the-future-workplace/