Oil & Energy
Commission Remits N360m To FIRS
The Nigerian Electricity Regulatory Commission (NERC) has remitted N360.3 million to the Federal Inland Revenue Service (FIRS) as value added and withholding taxes collected between 2006 and 2010.
The NERC Chairman, Dr. Sam Amadi made this known in a statement signed by Mr. Michael Faloseyi, manager, Media Relations of NERC in Abuja and made available to The Tide.
According to him, NERC demonstrates its commitment to such obligations by being the first Federal Government Agency to fully subscribe to the freedom of information Act and have a link to the Acton on its Website.
He said the amount remitted during the period was N206.7 million withholding tax and N153.6 million value added tax.
Amadi noted that a regulator should comply with reporting obligations as they related to the integrity of public finance.
He said that NERC had opened its book for audit contrary to reports, adding that the agency had a copy of Auditor General’s office Audit Reports 2006 to 2008 and the external auditor up to 2009.
He said the commission was waiting for 2009 and 2010 Audit Reports completed by the Auditor General’s Office in march 2011.
Amadi added that a letter was written to the Auditor-General on January 31, to the reliability of the accounts and process on both capital and recurrent expenditures of the commission.
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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