Tag: Fuel Scarcity

  • BREAKING: Fuel scarcity looms as tanker drivers threaten to withdraw services

    BREAKING: Fuel scarcity looms as tanker drivers threaten to withdraw services

    Nigerians are in for another round of fuel scarcity as the Petroleum Tanker Drivers (PTD) branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has threatened to withdraw its services.

    TheNewsGuru.com (TNG) reports PTD threatened to withdraw its services if the installation of safety valves is not made mandatory in petroleum trucks with effect from May 1.

    The union’s Chairman, Mr Akanni Oladiti, stated this in a statement the branch issued on Sunday, following its Executive Meeting held on March 27 in Ibadan, Oyo State.

    Oladiti said that the decision was because the union members were usually the first casualties in any situation of fire accidents involving petroleum trucks.

    According to him, the safety valves, if installed, will go a long way in reducing the rate of fire accidents involving fuel trucks and therefore save precious lives and property.

    “The council in session noted with deep concerns, the inability to fully enforce the compulsory installation of safety valves in all petroleum trucks to protect the inflammable contents of the trucks from spilling over in a situation of road mishaps.

    “These fire accidents are becoming too many but definitely avoidable.

    “The branch executive council in session is not unmindful of the pains and discomforts our decisions and intending actions will have on the general public.

    “However, these are hard and difficult decisions we must take for the sake of our members and even the general public,” the chairman said.

    He said also that the union issued a 14-day ultimatum to the Nigeria Association of Road Transport Owners (NARTO) to negotiate the renewal of the Collective Bargaining Agreement (CBA) for new working conditions for tanker drivers.

    He said that the expiring CBA had been in operation for the past six years despite the fact that the country had been experiencing a spiral inflationary trend that was further complicated by the COVID -19 pandemic.

    “The council in session expresses deep worries that petroleum tanker drivers have been going through harrowing financial situations.

    “This is so, even, while rendering selfless national services to ensure delivery of petroleum products to homes and factories in every nook and cranny of this country, day and night, in good and bad weathers and on highly deplorable highways,” Oladiti said.

  • Fuel scarcity: DPR sends strong warning to petrol marketers

    Fuel scarcity: DPR sends strong warning to petrol marketers

    The Department of Petroleum Resources (DPR) has said it will not hesitate to apply appropriate sanctions on marketers engaged in hoarding of petroleum products in their outlets.

    Mr Sarki Auwalu, Director, DPR, gave the warning in a statement issued on Tuesday in Lagos.

    Auwalu said the warning was necessitated by the emergence of queues in retail outlets in some states of the federation.

    Petrol black marketers on Monday resurfaced in major highways in the Federal Capital Territory (FCT), Abuja.

    On the Kubwa expressway, many petrol stations such as Gegu Oil, AA Rano, Shema and NNPC petrol stations had long queues with people selling fuel outside the stations.

    However, Auwalu maintained that from available records, there is product sufficiency in the country and there was no need for hoarding by any marketer.

    “The DPR will not hesitate to apply appropriate sanctions on any outlet found wanting in this regard.

    “The regulatory agency has set up a special taskforce to intensify surveillance and monitoring of all retail outlets and depots nationwide to check the anomaly,” he warned.

    He, therefore, advised the general public against panic buying.

    Auwalu assured them that the DPR would continue to provide its regulatory focus of quality, quantity, integrity and safety for the effective operations of the downstream sector.

  • Fuel scarcity panic hits Abuja

    Fuel scarcity panic hits Abuja

    The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised Nigerians to stop panic buying and stocking of Premium Motor Spirit, popularly known as petrol.

    Alhaji Suleiman Yakubu, the National Public Relations Officer of IPMAN, gave the advice in an interview on Sunday in Abuja, the federal capital territory (FCT).

    Yakubu fielded questions on the long fuel queues recorded at some filling stations in Abuja.

    He decried the panic purchases and long queues witnessed in various filling stations across the nation’s federal capital.

    Yakubu however said that crude oil price has gone up and it has affected the price products.

    He assured Nigerians that normal supply of petroleum products would soon be restored since loading have commenced at various deports.

    “We want to assure the buyers that government and marketers are doing everything possible to ensure that the products are available in every filling station within a few days starting from today,” the IPMAN spokesman told NAN.

    But some motorists who expressed disappointment over the development, urged filling stations that has fuel to sell.

  • Scarcity: NNPC, other stakeholders debunk fresh fuel hike rumours

    Scarcity: NNPC, other stakeholders debunk fresh fuel hike rumours

    The Nigerian National Petroleum Corporation (NNPC) on Tuesday allayed nationwide fears over alleged plans to hike pump price of petrol.

    TheNewsGuru.com, TNG reports that some states including the FCT are experiencing scarcity of the product as some filling stations shut down. This has led to fears of a possible hike in the product.

    TNG also observed that stations adjusted their fuel pump prices from N162.50k to N165 per litre, while others went as high as N170.00 per litre.

    However, Group General Manager, Group Public Affairs Division, Dr Kennie Obateru, dismissed rumours about an imminent upward review of the product.

    According to him: “NNPC has not increased its ex-depot price. I am certain that NNPC is not likely to increase its ex-depot price in February.”

    He said the NNPC has a stock of petrol that can last for over 40 days.

    Obateru urged the Department of Petroleum Resources (DPR) to clamp down on the marketers hoarding petrol.

    “We have sufficiency for almost 40 days. If people are hoarding or increasing their prices, it is for the DPR to look into it,” he said.

    Meanwhile, the Independent Petroleum Marketers Association of Nigeria (IPMAN) urged the Federal Government to return subsidy to Premium Motor Spirit (PMS) as landing cost has soared to N180 per litre.

    IPMAN’s National Vice President, Alhaji Abubakar Maiganidi said the government should either deregulate the product fully or subsidise it.

    Maigandi was reacting to the latest fuel scarcity in Lagos.

    Asked whether there was an upward review of the pump price, he said: “Most of the private depots are selling petrol for between N160 and N164 per litre instead of N148 per litre.”

    The Major Oil Marketers of Nigeria (MOMAN) denied that there was an increment in the pump price of petrol.

    It wondered whether any fuel marketer was getting supply from any source other than the NNPC

    MOMAN Chairman, Tunji Oyebanji, said none of his members has hiked fuel price, adding that all marketers currently source products from the NNPC.

    He said since the Federal Government claimed it has deregulated the downstream oil sector, marketers were at liberty to sell at any price reflecting their operational cost.

    He said if the unilateral fuel price hike had come from some of his members, the government would have wielded the big stick.

    Oyebanji said the Federal Government desired to deregulate the downstream oil sector, adding that if that had taken place, the price would have gone up astronomically.

    He said the government was in consultation with Labour to avoid a steep rise in petroleum products prices.

     

     

  • Nigeria may experience fresh fuel scarcity – FG

    Nigeria may experience fresh fuel scarcity – FG

    The Federal Government said it is worried about the possibility of a scarcity of Premium Motor Spirit (PMS), also known as petrol, in the country.

    Mr Timipre Sylva, who is the Minister of State for Petroleum, raised the concern on Monday at a late-night meeting between the government and leaders of the organised labour.

    The meeting was a continuation of the series of dialogues between both parties in a bid to persuade the labour unions not to go on strike over the increase in the price of petrol and electricity tariff.

    At the resumed sitting, the Technical Committee on PMS presented its report while the Committee on Electricity Tariff said its work was ongoing.

    Presenting the report, Chairman of the Technical Committee on PMS, Onochie Anyaoku, highlighted the areas where the government should work on to reduce the price of petrol.

    Thereafter, the meeting then entered into a closed-door session to consider the report presented by Mr Anyaoku while the labour leaders requested 21 days to study the report.

    After about three hours later, Mr Sylva and the Minister of Labour and Employment, Dr Chris Nigige, who was also at the meeting briefed reporters on the government’s decision on the report presented.

    Mr Sylva warned that another three weeks to study the report could have an effect on the availability of petroleum products in the market.

    The Secretary to the Government of the Federation, Mr Boss Mustapha, as well as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, also attended the meeting.

    The labour leaders were led by President of the Nigeria Labour Congress (NLC), Ayuba Wabba, and President of the Trade Union Congress (TUC), Quadri Olaleye.

    TheNewsGuru.com, TNG reports that in November 2020, the government raised the depot price of petrol from N147.67 to N155.17 per litre, forcing marketers to sell between N165 and N173 naira per litre in various parts of the country.

    Despite the announcement of N5 reduction by the government amid the controversy that trailed the increment, Nigerians have continued to bear the burden of the price hike.

    The meeting to resolve the issues of increased petrol pump price and electricity tariff was adjourned in December 2020, with hopes that it would be reconvened on January 25, 2021.

    At the opening of the discussion, Mr Mustapha assured the labour leaders that the government was ready to implement the overall agreement that would be reached at the end of the day to minimise industrial actions.

    On their part, Mr Wabba and Mr Olaleye said the unions were committed to ensuring that the negotiations yielded the needed results.

  • BREAKING: Fuel scarcity looms as PENGASSAN declares nationwide strike

    BREAKING: Fuel scarcity looms as PENGASSAN declares nationwide strike

    President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo has declared the association is embarking on an immediate nationwide strike.

    TheNewsGuru.com (TNG) reports the declaration made by Osifo when he appeared on Sunrise Daily on Channels TV on Monday morning has sparked fears of fuel scarcity in the country.

    “Today, PENGASSAN has declared a strike,” he said in an interview on the Channels Television breakfast programme.

    He added, “Today our members are sitting at home and we will continually watch the situation and if we need to rev it up, we will definitely rev it up.”

    Osifo explained that the industrial action followed the inability of the Federal Government to address the issues raised by the oil and gas workers.

    He stated that the union had given the government a seven-day ultimatum in a statement issued on Monday last week to respond to the issues.

  • Fuel scarcity scare hits Abuja as long queues resurface at petrol stations

    Fuel scarcity scare hits Abuja as long queues resurface at petrol stations

    Long queues have resurfaced in most filling stations in the Federal Capital Territory, Abuja.

    Most filling stations along the Kubwa Expressway and around Area 1 were filled with motorists trying to buy Premium Motor Spirit (PMS), also known as petrol.

    Some of the petrol stations that recorded the queues are Shema Filling Station, AA Ranonoil, Conoil, Mobil, Dan oil PLC and the Nigerian National Petroleum Corporation (NNPC) filling stations, all located along the Kubwa expressway.

    Some of the motorists who spoke to NAN said they just noticed the long queues and decided to top up.

    Also speaking, a taxi driver who identified himself only as Moses, said he had to buy fuel to be able to do his businesses, in case there is scarcity.

    “I did not have in mind to buy petrol, but seeing queues in two filling stations and coming down, the same thing is happening. I have to do something.

    “I just have to buy now with the small money that I have, to get ready for Tuesday’s work.

    Meanwhile, the Nigerian National Petroleum Corporation (NNPC) has cautioned motorists not to engage in panic buying of Premium Motor Spirit (PMS) also known as petrol, assuring of normalcy in the supply of petroleum products.

    Dr Kennie Obateru, the Group General Manager, Group Public Affairs Division, who disclosed this to NAN in Abuja on Monday added that the long queues currently being experienced were due to the curfew imposed in some States over the EndSARS protests.

    Obateru said that the curfew affected the free movement of vehicles for the supply of products, but assured of normalcy in a couple of days.

    “The disruptions and curtailment of free flow of vehicular movement occasioned by the EndSARS protests, the attendant curfews, restrictions and vandalism affect the supply situation.

    “Normalcy is expected to return to the petroleum products supply chain in the next couple of days.

    “There is no need for panic buying, be rest assured that supply will soon return to the entire country,” he said.

  • Marketers warn of looming fuel scarcity, say hoodlums destroy 10 petroleum tankers

    Marketers warn of looming fuel scarcity, say hoodlums destroy 10 petroleum tankers

    The Independent Petroleum Marketers Association of Nigeria (IPMAN) has hinted of a looming petroleum scarcity in the country following attacks on fuel tankers and disruption of depots’s operations across the country by #EndSARS protesters.

    Chairman of IPMAN in Rivers State, Dr. Joseph Obele, who spoke in a live radio programme in Port Harcourt on Friday said about 10 petroleum tankers were attacked and destroyed nationwide by the protesters.

    He said scarcity would be inevitable if the situation failed to improve before filling stations exhaust their stocked products.

    He said: “About 10 of our trucks have been attacked nationwide by protesting youths, although there is not been casualties.

    “Supply and distribution of petroleum products hasn’t really been smooth, reason arising from the fact that 90 percent of our supply came from Lagos and there has been a skeletal supply schedule in Lagos for the past one week.

    “Thursday’s case was worse, all the depots in Nigeria were shut down, we don’t produce these products, we buy from depots and tank farms and if these depots do not give to us products, we fear that when we run out of stock, petroleum scarcity will happen.”

  • #EndSARS: Fuel scarcity imminent as depots stop loading

    #EndSARS: Fuel scarcity imminent as depots stop loading

    Indications emerged on Wednesday that Nigerians may yet again face scarcity of petroleum products as some depots have stopped loading-trucks.

    National Vice President of the Independent Petroleum Marketers Association of Nigeria (IPMAN ), Alhaji Abubakar Maigandi confirmed the development.

    He added that the #EndSARS protests and the resultant crises have stopped the marketers from transiting their loaded trucks.

    According to him, since petroleum products are highly inflammable, the drivers decided to park their trucks in safe places nationwide.

    He explained that since consumers buy fuel on daily basis and there is no replacement, there is bound to be a scarcity of petroleum products.

    Maigandi further said the marketers do not hoard products so there will be no reservoirs to turn to upon the exhaustion of available stock.

    Asked whether there is any fear of scarcity, he said “definitely, because some of the depots are not loading due of insecurity.

    “The ones that have already loaded parked their trucks in the yards so that protesters will not set them on fire. There is no way you can have sufficient fuels in the filling stations because we don’t do hoarding.”

    The IPMAN National Vice President urged the protesters to dialogue with the Federal Government for the amicable resolution of the crises.

    He asked them to embrace the olive branch because of the economic losses that emanate from the crisis.

    His words: “The EndSARS issue is a Nigerian issue so the protesters and government should dialogue over it for a lasting solution. Nigerians (both government and the governed need to have attitudinal change. So, it is better to dialogue. “

  • Fuel scarcity imminent as NARTO begins nationwide warning strike today

    Fuel scarcity imminent as NARTO begins nationwide warning strike today

    Petrol scarcity is imminent as the Nigerian Association of Road Transport Owners (NARTO) on Monday announced plans to proceed on a warning strike today (Tuesday).

    NARTO is the umbrella organisation of commercial vehicles owners engaged in the haulage of petroleum products, cargoes, and movement of goods and passengers within the country and the West-African sub region.

    Its National President, Alhaji Yusuf Lawal Othman, who spoke to reporters in Abuja, said the association was shocked by the recent Federal Government’s decision to ban petroleum trucks above 45,000 litres capacity from plying the roads.

    Owing to the ban, he said the association would proceed on a warning strike today and issue a 10-day ultimatum on September 24, which would be followed by an indefinite strike.

    The NARTO chief said: “In view of the above, we are, therefore, constraint to allow the decision of our members to park their trucks as from tomorrow 22nd to 23rd September 2020, prevail as warning, and furthermore, issue 10 days ultimatum with effect from September 24, 2020 for a full blown withdrawal of service.

    “If such scenarios occur, we earnestly plead with those who will lose employment, income and general public that will be negatively affected by this avoidable situation.”

    According to him, the sudden ban is considered highly insensitive and unappreciative of the efforts and contributions of the NARTO members as businessmen and investors in the very critical and sensitive distribution and supply chains of petroleum products across the country.

    He recalled that not too long ago and following the total collapse of petroleum products pipelines and strategic depots across the country as a result of the economic sabotage of the vandals, there was the painful era of petroleum products scarcity across the country.

    Othman said it was in response to the socio/economic challenges of the scarcity era that the government in power then pleaded with private investors to assist in ameliorating the situation by ensuring that product scarcity is brought to the barest minimum.

    He added that it was in response to the national call for service and in line with this mandate then that many of the association’s members took the initiative to invest heavily in expanding their fleet of various capacities to deliver products to all nook and crannies of this country.

    He said the members took loans from various commercial banks with very high interest rates and with no form of support from government.

    Othman said the measure was in national interest and the association achieved the desired goal of removing scarcity of petroleum products and its attendant long queues from the streets and communities.

    The ban, he said, “is therefore distressing and discouraging that when, it is discovered along the line that one of the side effects of our efforts to fix the problem is the fact that our roads were not built to accommodate vehicles that carry loads in excess of 30 tons and the new government now want to impose and introduce a new policy about maximum capacity on our roads, the government is doing so without any consideration for the plights of our members and other attendant effects.”

    The leadership of NARTO, according to him, is not in any way against the decision of the Federal Government to ban the use of truck more than 45,000 litres capacity in the conveyance of petroleum products considering the dilapidated state of Nigerian roads but it is particularly concerned about the sudden and prompt nature of the ban.

    He said the association considered the approach to be highly insensitive to the huge investments the Owners of these trucks have made and debts they incurred in executing the mandate given by previous administration.

    He said: “This move by the government will definitely be counterproductive considering the fact that sudden withdrawal of these trucks will impacts heavily and negatively on the operations of our members and the withdrawal will also create heavy gaps in the supply and distribution chains bearing in mind the fact that NARTO, being the owners of these trucks, are integral part of the supply and distribution of petroleum products across the nation.

    “We wish to also remind the government to be mindful of the coming ember months that is characterised by heightened activities, thus requiring the use of such high capacity trucks to curb the scarcity.

    “Most importantly, our concern is also the fact that the suddenness of the action is a great discouragement to any form of investment in the country in view of the fact that our members secured bank facilities for the procurement of these trucks which normally attracts high interest rates, thus adding extra financial burden on our members.

    “We also want to use this medium to draw the attention of the federal government that if these trucks are withdrawn suddenly and promptly as being demanded by the government’s decision, it would create another side effect of avoidable unemployment, as it is estimated that more than 40,000 drivers/drivers mate and artisans would lose their jobs.”

    Othman said NARTO members are already discouraged and distressed even with the fact that the transport sector which is one of the sectors that are worse hit by the COVID-19 pandemic because of the total restriction of movement, the Federal Government refused to extend some intervention to the sector as done to many sectors of the economy including aviation, agriculture and others.

    “In the light of the foregoing and the fact that we understand the reasons behind government decision, we equally demand that government should be more empathetic and sensitive to the plight of our members and the very harsh economic situation of the time by giving us ample time to source for money to re- engineer all affected trucks and operations accordingly.

    “We can assure you that none of the major transport companies across the country can continue any form of operations with this policy within this short time frame,” Othman said.