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Fuel Scarcity - Page 2

We cover every fuel scarcity issue, development, and crisis, in Nigeria. Lagos fuel scarcity, Abuja fuel scarcity, petrol pump prices, diesel, and all PMS products.
NNPC Not Giving Accurate Information About PH Refinery Rehabilitation - Expert
Business·Oil & Gas

NNPC Not Giving Accurate Information About PH Refinery Rehabilitation – Expert

Petroleum engineer, Mr Martin Onovo, has alleged that the Nigeria National Petroleum Company Limited (NNPCL) has not been providing accurate information about the status of ongoing rehabilitation of the Port Harcourt refinery.
Read More
Victor Ezeja
April 29, 2024
Fuel Scarcity: NNPC Blames Panic Buying, Marketers Disagree
Business·News

Commuters Stranded As Fuel Scarcity Hits Abuja, Anambra, 4 Other States

Many Nigerian states are in a state of chaos due to a widespread fuel scarcity, leaving commuters stuck, transportation costs increasing, and drivers having to wait in long lines at the few
Read More
Emmanuel Ochayi
April 25, 2024
Vessels Discharge Hitches Causing Fuel Scarcity – NNPC
Business·News·Oil & Gas

Fuel Scarcity: NNPCL Explains Lagos Fuel Queues As “Brief Distribution Issue”

Long queues at filling stations in Lagos State have sparked concerns among residents, leading to speculation about a potential fuel scarcity. However, the Nigerian National Petroleum Company Limited (NNPCL) has moved to
Read More
Emmanuel Ochayi
February 6, 2024
Fuel Scarcity: NNPC Blames Panic Buying, Marketers Disagree
Business·News·Oil & Gas

Blame Game Intensifies As Fuel Scarcity Grips Abuja, Neighboring States

Oil marketers and the Nigerian National Petroleum Corporation Limited (NNPCL) engaged in a tug-of-war over the ongoing fuel scarcity that has led to long queues at petrol stations in Abuja and neighboring
Read More
Emmanuel Ochayi
November 17, 2023
Muda Yusuf
Business·News·Oil & Gas

Fuel Subsidy Removal: 26 Actions Tinubu Govt Must Take – CPPE

To ensure inclusive, impactful and sustainable palliative measures on fuel subsidy removal, there are at least 26 things the Nigerian government must do in the immediate, short and medium term, according to
Read More
Editor
June 11, 2023
Business·Opinion

Was There Ever Fuel Subsidy In Nigeria?

The military regime of Olusegun Obasanjo in 1977 promulgated the Price Control Decree (later Act). The law makes it illegal for some products (including fuel) to sell beyond government’s set prices. Remarkably,
Read More
MARCEL MBAMALU
June 10, 2023
Five Important Policies To Expect From Tinubu After Fuel Subsidy Removal
Business·Opinion

President Tinubu’s Fuel Subsidy Pill – The Questions

Unknown to many in Nigeria, fuel subsidy has been around since the mid-1970s, when the price of a litre of petrol was 5 kobo, and did not exceed four naira until 1991.
Read More
MARCEL MBAMALU
June 2, 2023
NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says
Business·Oil & Gas

Full Deregulation Of Downstream Oil Sector’ll End Petrol Crisis -IPMAN

With the incessant scarcity and hike in prices of petroleum products in Nigeria, the only antidote is full deregulation of the downstream oil and gas subsector to encourage more private sector participation
Read More
Victor Ezeja
June 1, 2023
Election: Oil Marketers Reveal Fuel Movement Stopped Over Fear Of Crisis
Business·Oil & Gas

Election: Oil Marketers Reveal Fuel Movement Stopped Over Fear Of Crisis

The National Vice President, Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, said the fuel scarcity in the country is driven by fear of electoral violence.  Maigandi disclosed that oil marketers
Read More
Fakoyejo Olalekan
March 8, 2023
Aliko Dangote Spent $18.5 billion To Build Refinery, Owes $2.7 billion Debt
Business·Oil & Gas

Dangote Refinery Won’t Save Nigeria From Looming Fuel Scarcity – New Report

The S&P Global commodity Insight has revealed that the oil refinery Aliko Dangote is building will not reach full capacity before the end of 2024. According to S&P, the Dangote refinery is
Read More
Fakoyejo Olalekan
March 6, 2023
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