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Fuel Scarcity - Page 3

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.
ECOWAS Observer Urges Buhari To Address Naira, Fuel Scarcity
Politics

ECOWAS Observer Urges Buhari To Address Naira, Fuel Scarcity Before Election

The Economic Community of West Africa (ECOWAS) Observer Mission to Nigeria has urged the Nigerian government to address the challenges of Naira and Fuel scarcity before the forthcoming elections slated for Feb. 25. The
Read More
Somto Bisina
February 23, 2023
Failure To Scrap Fuel Subsidy, Cash Shortage Major Fiscal Risk To Nigeria’s Economy - FocusEconomics
Business

I’m Aware Of Current Hardship – Buhari Speaks On His Crisis-Induced Policies

President Muhammadu Buhari said he is aware that his policies have caused hardship for Nigerians and his administration is working on appropriate measures to ease the suffering. Buhari, in a video recording
Read More
Fakoyejo Olalekan
February 20, 2023
‘Nigerian Students Loan Scheme To Begin In Three Weeks’- Gbajabiamila
Business

Fuel, Naira Scarcity Created To Stop Tinubu From Winning Presidential Election – Gbaja

The Speaker of the House of Representatives, Femi Gbajabiamila, has stated that the recent fuel and Naira scarcity is a ploy against President Muhammadu Buhari and the Presidential candidate of the All
Read More
Fakoyejo Olalekan
February 15, 2023
Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons
Business·Oil & Gas

Oil Marketers Defy FG’s Fuel Price Tag, As NNPC Needs N4.27trn To Keep Price Low

Some members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) are still selling fuel above the government-agreed price. Prime Business Africa on Wednesday gathered that filling stations of independent oil marketers
Read More
Fakoyejo Olalekan
February 9, 2023
DSS warns Against Breakdown Of Law, Order After March 18 Polls
Business·Oil & Gas

DSS To Track Cross-border Fuel Smuggling, As 270 Filling Stations Shut Down

The Federal Government shut down over 270 filling stations amid scarcity of Premium Motor Spirit (PMS) and a hike in pump prices across several retailers. According to the government on Thursday, the
Read More
Fakoyejo Olalekan
February 3, 2023
Edo Receives 784,000 Litres Of Fuel As Task Force Set To Begin Monitoring Distribution, Pricing
News·Oil & Gas

Fuel Scarcity: Edo Receives 784,000 Litres Of Petrol, Task Force Set To Monitor Distribution, Pricing

Edo State Government has said it is stepping up efforts to find lasting solutions to distribution challenges and price hikes of petroleum products in the state, noting that the state has received
Read More
Victor Ezeja
February 1, 2023
FG To Share $800 million Among 50 million Nigerians After Removal Of Fuel Subsidy
Business·Oil & Gas

Oil Minister Buhari Sets Up Petrol Committee As Litre Price Nears N300

President Muhammadu Buhari, who also doubles as Minister of Petroleum Resources, has created a 14-man Steering Committee on Petroleum Products Supply and Distribution management. Buhari instituted the committee to probe and resolve
Read More
Fakoyejo Olalekan
January 25, 2023
Aliko Dangote Reveals Refinery Will Not Distribute Fuel In Next 60 Days
Business

How Dangote Refinery Will Exploit Nigerians – Oil Marketers

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that Aliko Dangote’s oil refinery might exploit oil producers and Nigerians. According to the oil marketers, Nigerians will be at the mercy
Read More
Fakoyejo Olalekan
January 24, 2023
Breaking: NNPC Increases Fuel Price, Filling Stations Now Selling At N500
Business·Oil & Gas

Petrol May Hit N800 Per Litre – Oil Marketers Give Reasons

The Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), Abuja-Suleja, Mohammed Shuaibu, has disclosed that the cost of Premium Motor Spirit (PMS) could rise to N800/litre even as petrol scarcity persists. According
Read More
Fakoyejo Olalekan
January 23, 2023
Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025) 
Business·Currency

Dollar Rate Falls In Official Market, Oil Marketer Blames Forex For Fuel Scarcity

The naira rose in value in the Investors’ and Exporters’ window of the official market on Thursday, January 12, 2023, as the dollar fell by -0.16 per cent in value. At the
Read More
Fakoyejo Olalekan
January 13, 2023
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