As fuel scarcity intensifies across Nigeria, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has escalated tensions by threatening to disrupt the supply of Premium Motor Spirit (PMS), commonly known as petrol. The catalyst for this drastic action is the alleged non-payment of...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a grim projection, stating that the ongoing fuel scarcity plaguing the nation may persist for at least two more weeks. Despite assurances from the Nigerian National Petroleum Company Limited (NNPCL) regarding adequate...
Fuel scarcity continues to worsen across various regions of Nigeria, including Lagos, Ogun State, and Abuja, despite claims by the Nigerian National Petroleum Corporation (NNPC) Limited that all issues have been resolved. Reports from Nairametrics reveal that petrol prices have soared to as high...
The shortage of premium motor spirit (PMS) continues to grip Nigeria, exacerbating the challenges faced by citizens across the country. Despite assurances from the Nigerian National Petroleum Company Limited (NNPCL) regarding the resolution of issues causing the scarcity, the situation persists...
In response to the recent fuel scarcity concerns gripping various regions of Nigeria, the Nigeria National Petroleum Company Limited (NNPC Ltd) has attributed the tightness in Premium Motor Spirit (PMS) supply to logistical issues, asserting that these challenges have been effectively addressed...
In a critical juncture for Nigeria's transport and energy sectors, the much-anticipated meeting between the Federal Government (FG), the Nigerian Association of Road Transport Owners (NARTO), and key stakeholders concluded on Monday without a consensus, exacerbating fears of an impending fuel...
Receiving the Man of the Year Award from Nigeria NewsDirect newspaper, the NNPC GMD said that the corporation had learnt a great lesson during the recent fuel scarcity in the country. The Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Dr …
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The Nigerian National Petroleum Corporation on Sunday announced that it was spending N774m daily (about N23.99bn monthly) as subsidy on the 50 million litres of Premium Motor Spirit consumed across the country.
Although it described the amount as under-recovery, the oil firm stated that the...
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On the average, Nigerians bought a liter of Premium Motor Spirit (Petrol) for N190.9 in January, indicating that they paid N19 extra for the product as against what it sold the previous month. The National Bureau of Statistics (NBS) said that the average price
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Governor Mohammed Abubakar of Bauchi state says the GMD of NNPC, Maikanti Baru, has disclosed the reason why the fuel scarcity still persists – Kachikwu directs NNPC to clear fuel queues in Abuja before February 18 The federal
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The Senate on Thursday urged the Nigerian National Petroleum Corporation (NNPC) to, within seven days, end lingering scarcity of petrol and clear queues in filling stations across the country. This followed a unanimous adoption of report of the Committee on Petroleum Resources (Downstream) on...
The Central Naval Command (CNC) of the Nigerian Navy said it has destroyed more than 900,000 metric tonnes of illegally refined petroleum products and crude oil in the last 7 months. The outgoing Flag Officer Commanding the CNC, Rear Admiral Abubakar Al-Hassan, who disclosed this yesterday at...
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The Nigerian National Petroleum Corporation (NNPC) on Monday appealed to motorists in Lagos State not to embark on panic buying of petrol because it had increased the fuel-laden trucks supplying fuel to the city/state by 50 trucks Mr Ndu Ughamadu, the Corporation’s Group
via The Guardian...
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Petrol queues yesterday re-surfaced in parts of Lagos State fueling fresh fears of another round of acute scarcity of petrol which marred christmas and new year celebrations. LEADERSHIP Sunday correspondent who monitored the situation observed that the queue which was noticed in the early hours...
BY TARKAA DAVID Motorists in the Federal Capital Territory (FCT) have decried the return of fuel queues at filling stations and appealed to the federal government to make good its promises of making the product available. Some motorists who spoke to LEADERSHIP said the artificial scarcity of...
The traditional ruler of Isolo in Lagos State, Oba Kabiru Agbabiaka, has called on both federal and state governments to reintroduce price controls in the country, particularly on food items. The traditional ruler, who spoke to the News Agency of Nigeria (NAN) on Sunday in Lagos, wondered why …...
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