nigeria fuel scarcity

  1. Rising Costs Prompt NARTO to Suspend Petroleum Product Lifting, Fuel Scarcity Fears Emerge

    Nigeria Rising Costs Prompt NARTO to Suspend Petroleum Product Lifting, Fuel Scarcity Fears Emerge

    Nigeria faces a potential fuel scarcity crisis as the Nigerian Association of Road Transport Owners (NARTO) declares a halt to lifting petroleum products starting next week Monday. The move is in response to the high cost of operations, primarily the soaring price of diesel needed to power...
  2. curator

    Business Why Africa’s Top Oil Producer Is Low on Gasoline: QuickTake Q&A – Bloomberg

    Nigeria, Africa’s biggest oil producer and a member of OPEC, has suffered fuel shortages over the past few weeks. They complicated transport and hurt economic activity and, in the words of President Muhammadu Buhari, ensured that for many Nigerians the Christmas holidays were “anything but merry...
  3. M

    Business 4501 loaded petrol tankers vanish in December – The Nation Nigeria

    The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru said 4501 petrol trucks were simply untraceable, vanishing from the Nigerian radar, during the biting fuel supply crisis. “Due to massive diversion, hoarding, panic buying and smuggling, coupled with...
  4. M

    Metro Serving soldier, 4 others arrested for alleged hijack of fuel-laden truck – The Sun News

    Corporal Akpan Edet, 28, who is believed to be a serving soldier with 81 Batallion of the Nigerian Army, Mokola, Ibadan, has been arrested along with four civilians for allegedly hijacking fuel-laden truck in Ibadan. They were among the 18 suspects paraded by the Oyo … via The Sun News –...
  5. curator

    Business Refinery Owner: How Nigeria Can End Fuel Scarcity – THISDAYLIVE

    An industrialist, Dr. Azibapu Eruani, who is currently building a refinery in Bayelsa State, thursday said unless Nigeria develops the capacity to refine petroleum products locally, the perennial fuel scarcity in the country would persist. Eruani, who spoke in Yenagoa, however said there was...
  6. curator

    Business ‘24 trucks meant for Abuja diverted to South East’ – The Nation Nigeria

    The Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR) and Nigeria Security and Civil Defence Corps (NSCDC) have closed down seven filling stations for receiving diverted products and selling to motorists at cut-throat prices in Abuja and environs. The NNPC...
Back
Top