Valuechain - Nigeria's foremost Online Energy News Platform

Latest data released by the National Bureau of Statistics (NBS) showed that importation of Premium Motor Spirit (locally referred to as petrol) declined by 11% to 1.46 billion litres in September from 1.64 billion litres in August while…
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Liquefied natural gas import by Asian countries increases ahead of Winter High demand for liquefied natural gas by Asians countries has boosted export of the cargo in Nigeria. Already, some 3.53 million metric tonnes of the natural…
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Residents lament FG’s draconian decision With the decision of the federal government to suspend fuel supply to filling station located within 20 kilometres to the nation’s land border, fuel scarcity has hit border towns in Katsina…
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The Nigeria Customs Service (NCS), said it has confiscated 4,500 jerry cans, with 25 liters capacity of petroleum products each, at Bahindi village, Bagudo Local Government Area of Kebbi State. Assistant Comptroller General of Customs,…
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Despite the receipt of over N10t from the 13 per cent derivation principle between 2000 and 2018, by Niger Delta states, the deplorable living conditions in oil-producing communities remain nauseating, raising questions about the…
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The Group Managing Director of the Nigerian National Petroleum Corperation (NNPC), Mele Kyari, has said that the national oil firm was primarily focused on galvanizing all resources including fossil fuels to drive income growth for the…
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The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), says the current hike in price of cooking gas might persist if activities of Liquefied Petroleum Gas (LPG) Terminal Owners and Off Takers is not checked. The…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has called on insurance brokerage firms that participated in the expression of interest to insure NNPC’s oil and non-oil assets to be…
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……Border Town Energy, Telecom Service, Others At Risk Operatives of the Nigeria Customs Service (NCS) are believed to have commenced a nationwide crackdown on delivery tankers belonging to the Independent Petroleum Marketers Association…
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Comptroller General of the Nigeria Customs Service, Col Hameed Ali (Rtd) has sought the permission of lawmakers in the House of Representatives to return erstwhile import taxation on petroleum products. At the budget defence of the…
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