Two Dead As Diesel Tanker Explodes On Badagry Expressway In Lagos

A fatal diesel tanker explosion claimed two lives in the early hours of Thursday along the Badagry Expressway in Lagos, according to the Lagos State Traffic Management Authority. The crash occurred at the Oto-Ijanikin area near the Lagos State University of Education. Authorities said the tanker was involved in an overtaking manoeuvre when the driver lost control, leading to a collision that triggered a fire outbreak. Confirming the incident, LASTMA’s Director of Public Affairs and Enlightenment, Adebayo Taofiq, explained that initial investigations pointed to excessive speed as the cause. “Preliminary findings from security investigations indicate that the unfortunate incident was precipitated by excessive speed, as the tanker driver reportedly lost control of the vehicle while attempting to overtake another road user,” he said. He added, “The vehicle subsequently crashed and erupted into a raging inferno, tragically trapping and claiming the lives of the driver and an adult female occupant.” LASTMA officials were said to have responded promptly, immediately securing the affected section of the road to prevent further accidents. Emergency agencies, including the Lagos State Fire and Rescue Service (Ojo Unit), the Federal Road Safety Corps and the Ijanikin Police Division, were contacted for rescue and security operations. Officers at the scene also stopped members of the public from attempting to collect spilled diesel, warning that such actions could have resulted in additional explosions and loss of life. After the fire was successfully contained, the severely damaged tanker was evacuated to ease traffic congestion, while the remains of the victims were recovered by the FRSC. Reacting to the incident, LASTMA General Manager Olalekan Bakare-Oki described the tragedy as “deeply painful and entirely avoidable,” while extending condolences to the families of the deceased. He urged drivers of tankers and other heavy-duty vehicles to strictly observe speed limits and traffic regulations, and cautioned the public against scooping petroleum products from accident scenes. “The Authority remains steadfast in its commitment to public safety and the sanctity of human life,” he said.

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Petrol Price Hits ₦945/Litre at NNPC Stations Amid Soaring Global Oil Prices Petrol Price Hits ₦945/Litre at NNPC Stations Amid Soaring Global Oil Prices

FG Suspends 15% Import Duty on Petrol and Diesel

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced the suspension of the 15 per cent ad-valorem import duty on imported Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), commonly known as petrol and diesel. The announcement was made in a statement signed by George Ene-Ita, Director of the Public Affairs Department, on Thursday. The 15 per cent import duty, which had previously sparked mixed reactions across the downstream sector, was initially introduced to protect local refineries. While supporters argued it would bolster domestic production, critics warned it could push up fuel prices, placing an additional financial burden on Nigerians. The duty had received presidential approval through a letter referenced PRES8197/HAGF/100/71/FIRS/40/88-2/NMDPRA/2, dated October 21, addressed to the Attorney General of the Federation and Minister of Justice, the Federal Inland Revenue Service (FIRS), and NMDPRA. The letter, titled “Re: Introduction of a Market-Responsive Import Tariff Framework on Premium Motor Spirit (PMS) & Diesel,” was signed by Damilotun Aderemi, Private Secretary to the President. The approval followed a request by FIRS Chairman Zacch Adedeji, who proposed the tariff to better align import costs with domestic economic conditions. Adedeji had indicated that applying the duty to the Cost, Insurance, and Freight (CIF) value could increase petrol prices by roughly N99.72 per litre. In its statement, NMDPRA reassured the public that there is sufficient supply of petroleum products nationwide. The Authority emphasized that volumes are being maintained within acceptable national sufficiency levels, especially during this peak demand period. “The Authority wishes to advise against hoarding, panic buying, or any unjustified increase in petroleum product prices. It should also be noted that the implementation of the 15 per cent ad-valorem import duty on imported Premium Motor Spirit and Diesel is no longer under consideration,” the statement said. NMDPRA further confirmed that domestic availability of petroleum products—including PMS, AGO, and Liquefied Petroleum Gas (LPG)—remains robust, sourced both from local refineries and imports, ensuring consistent replenishment of stocks at depots and retail outlets across the country.

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