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 The ongoing conflict between Russia and Ukraine may extend the nearly three-week scarcity of Premium Motor Spirit, also known as petrol, in Nigeria, as the majority of refined products entering the country from the warring zone and its bordering areas are expected to be delayed.On Sunday, it was also reported that traders supplying Nigeria with refined petroleum products may take a break due to a shortage of crude oil cargoes from the Nigerian National Petroleum Company Limited.Through its Direct Sale Direct Purchase scheme, the NNPC imports refined fuel into Nigeria through contractors or traders.The oil corporation sends crude oil to its trading partners, who then supply the NNPC with refined goods equal to the level of crude received by the national oil company, according to the arrangement.However, reliable sources within the oil company and among traders said on Sunday that due to low oil output, Nigeria   DSDP commitment was around 17 cargoes short.    ADVERTISEMENT                                  They claimed that unless something radical was done, such as complete deregulation of the downstream oil sector, the gasoline scarcity issue in the United States would worsen.They also stated that the Russia-Ukraine con gourde stanley flict could exacerbate the petrol supply problem in N stanley cup igeria by preventing products from leaving refineries in the re stanley website gion on time.Nigeria now imports refined petroleum products due to the fact that its refineries remain idle. What we face now could be desc Ikci Serco boss: Pandemic proves importance of private and public sector co-operation
 Friday 17 February 2023 8:34 am|Updated:Friday 17 February 2023 12:09 pmChurchillrsquo  grandson and Serco chief named new chair of Smith  NephewBy: Jack M owala ca endelShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleRupert Soames The grandson of Sir Win owala ston Churchill and chief executive of Serco has been unveiled as the new chair of 167-year-old medical tech firm Smith  Nephew.Rupert Soames will assume the position at the London-listed company following the retirement of Roberto Quarta, the firm announced.He will take the reins in late September, after joining the board during its AGM in April, bringing decades of experience in senior roles, and replacing Quarta, who was elected to the position in 2014. Quarta is also chair of WWP.Soames served as the chief executive of global outsourced services provider Serco for eight years up until 2022, leading its successful turnaround. He also spent a decade as support services company Aggreko, where he was chief executive, while holding non-executive roles as firms such as DS Smith and Electrocomponents.Rupert Soames said: Smith  Nephew is a leader in the medical technology sector with a 167-year history of supporting patients to return to health. I am honoured to be the next Chair of the Board,  owala water bottle and look forward to working with Deepak [Dr Deepak Nath, chief executive].Marc Owen, who led the chair search p
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