Tag: Fuel Scarcity
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Fuel scarcity: Why pump price of petrol skyrocketed – Suppliers
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA ) says scarcity and high price of Premium Motor Spirit (PMS) are caused by many challenges especially high price of Automative Gas Oil (AGO).
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Fuel scarcity: Don’t embark on strike, IPMAN appeals to members
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday said its members would not embark on a nationwide strike as being speculated. Mr Mike Osatuyi, IPMAN’s National Operations Controller, gave the assurance in an interview in Lagos. Osatuyi said it became necessary to debunk the insinuation that lPMAN members planned to shut down their…
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Fuel scarcity will soon be over – NMDPRA assures
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured Nigerians that the prevailing fuel crisis ravaging various parts of the country would soon disappear.
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Special Report: Real reason why Nigerians suffer unending fuel scarcity amidst abundant crude oil
Across the country, Nigerians are experiencing hardship caused by shortage in the supply of petrol, while the Federal Government consistently absolves itself of any blame and has failed to take responsibility for the shortfall. For most part of this year, with the exception of a few weeks, demand for petrol has exceeded supply in major…
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Fuel queues: We have PMS stock of over 2 billion litres – NNPC
The Nigerian National Petroleum Company Limited (NNPC) has blamed the fuel queues in Lagos State and Abuja on some construction projects going on in the state.
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Why Nigerians are experiencing fuel scarcity – IPMAN
The Independent Petroleum Association of Nigeria (lPMAN) has attributed the current fuel scarcity to the unavailability of petroleum products and difficulty in accessing foreign exchange by marketers.
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SPECIAL REPORT: Prolonged fuel scarcity questions FG’s N17bn tracking technology
Long queues of vehicles parked at filling stations and roads littered with petrol hawkers have become common sights in major cities across the country as fuel scarcity lingers for weeks, pushing up the prices of transportation and food commodities in an already fragile economy. Despite subsidy payments rising to an average of N500bn per month,…
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IPMAN reveals cause of fuel scarcity
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Western Zone, has attributed the increase in the pump price of Premium Motor Spirit to the hike in private depot prices. Alhaji Dele Tajudeen, Chairman, IPMAN Western Wone, disclosed this an interview NAN on Tuesday in Lagos.
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Fuel scarcity in parts of Nigeria will end soon – IPMAN assures
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has assured that fuel scarcity currently being experienced in parts of the country would soon end.
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Why fuel scarcity in Abuja may persist longer than expected
Indications have emerged that the ongoing fuel scarcity being experienced in Abuja, the federal capital territory (FCT), may persist longer than expected.