Tag: Fuel Scarcity
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NMDPRA addresses fuel scarcity scare
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured Nigerians and motorists that there is no need for panic buying of fuel, as there is enough stock available.
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Petrol stations shut down as scarcity, long queues hit Ibadan
Ibadan the Oyo state capital has been hit with fuel scarcity as long queues of cars, commercial buses, tricycles and motorcycles are visible at many petroleum stations across towns within the city.
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Fuel scarcity: Queues won’t exceed Saturday – NNPC
The Nigerian National Petroleum Company Limited (NNPCL), has said that the fuel queues being witnessed across the country will not exceed Saturday (3rd June).
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Hardship, fuel queues across Nigeria herald inception of Tinubu’s administration
Fuel queues have reappeared in Nigerian cities as motorists hurriedly seek petroleum products following President Bola Tinubu’s announcement that his administration will put an end to the fuel subsidy regime. This development comes shortly after Tinubu’s inaugural address at Eagle Square, Abuja, where he declared the termination of the petroleum subsidy, citing its unsustainability. In…
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Analysis: Dangote refinery vs inoperative FG-owned refineries
The Nigerian government’s expenditure on the maintenance and rehabilitation of its refineries, along with fuel subsidies despite financial challenges, has surpassed the cost of constructing new refineries capable of refining significantly higher volumes of crude oil, some stakeholders have argued.
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PVC, petrol and redesigned Naira as weapons for election 2023 – By Magnus Onyibe
Forget the loud noises about who is more corrupt amongst the three leading contenders for the office of the president of Nigeria from 29 May -Asiwaju Bola Tinubu of All Progressives Congress,APC, Wazirin Atiku Abubakar of Peoples Democratic Party,PDP and Mr Peter Obi of Labor Party,LP.
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Fuel scarcity, cash scarcity and jaga jaga governance – By Hope Eghagha
Last week, amidst the biting, humiliating, and infuriating cash and fuel scarcity and the attendant confusion all over the land, I couldn’t help but recall Eedris Abdulkareem’s perspicacious song titled ‘Nigeria Jaga Jaga’ which was released in 2004.
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What we are waiting for to start selling fuel at N195 per litre – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has disclosed its members are still expecting the arrangements being made by the Nigerian National Petroleum Company Limited (NNPCL) for independent marketers to lift fuel at N172 so that they can start selling at N195 per litre.
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Cash, fuel scarcity: Lagos govt reduces transport fare by 50%
The Lagos State Government on Wednesday announced a 50 per cent cut in fares on all government-owned transportation system. Gov. Babajide Sanwo-Olu made the announcement at the Lagos House Marina, while addressing newsmen on the fuel shortage and currency exchange crisis in the country. Sanwo-Olu said that the 50 per cent fare reduction would take…
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NLC elects new excos, gives FG two weeks to end fuel queues
The Nigeria Labour Congress (NLC) on Wednesday swore-in new executives, with Mr Joe Ajaero as the new president to lead the workers for the next four years.