NNPCL monopoly ends as marketer's fuel vessel arrives
ST Nnene, The PUNCH gathered, had cost Emadeb Energy’s Chief Executive Officer, Adebowale Olujimi, and its bank partners of $17m (about N13b) to hire.
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ST Nnene, The PUNCH gathered, had cost Emadeb Energy’s Chief Executive Officer, Adebowale Olujimi, and its bank partners of $17m (about N13b) to hire.
Chief Executive Officer Debo Olujimi disclosed this during the inaugural ceremony at its Ijegun Satellite Depot in Lagos.
Emadeb Energy Services Limited says it has imported about 27 million litres of petrol into the country, making it the first private company to do so in the post-subsidy regime.
"So, we called on the government to help in finding a window where these issues of dollars are resolved, and we can now have a fixed market rate to bring this product and access this without any condition just for the PMS," an official said.
Lagos, July 20, 2023 Emadeb Energy Service Ltd., a depot owner and one of the marketers licensed to import fuel, has taken delivery of 27 million litres at its depot. Its Chief Executive Officer, Mr Debo Olujimi, disclosrd this during the inaugural ceremony at its Ijegun Satellite Depot on Wednesday in Lagos. According to him, |