The Department of State Devices (DSS), at a meeting with oil marketers and other stakeholders have resolved to address the challenges of fuel scarcity and lingering queues at filling stations within 48 hours. The Public Relations Officer of DSS, Dr Peter Afunanya said this on Thursday in Abuja while...
Fuel scarcity
The Department of State Services (DSS) has given the Nigerian National Petroleum Company (NNPC) Limited and oil marketers a 48-hour ultimatum to make Premium Motor Spirit known as petrol available for Nigerians DSS Spokesman, Peter Afunanya announced the directive while briefing journalists at the headquarters of the secret police...
Ejigbo Satellite Depot of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian National Petroleum Company Ltd. (NNPCL) to give same window given to Major Oil Marketers Association of Nigeria (MOMAN) to buy fuel at regulated depot price of N148.17 per litre. The Chairman of IPMAN...
Mr Tunji Oyebanji, Managing Director 11 Plc, says the huge amount being spent on fuel subsidy by the Federal Government is preventing investments in critical areas of the economy and worsening the unemployment situation in the country. Oyebanji said this at the yearly programme of the Institute of Change...
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. Its Coordinator in Delta, Mr Victor Ohwodiasa, gave the assurance when he led a team of the regulatory authority on an unscheduled inspection...
By JOY ADARA, Abuja – The Nigerian National Petroleum Company Limited (NNPC Ltd) has reassured Nigerians that it has sufficient products in stock and we significantly increased products loading in selected depots and extended hours at strategic stations to ensure sufficiency nationwide. The Executive Vice President, Downstream, NNPC Limited,...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Federal Government has no intention of increasing the price of Premium Motor Spirit (PMS) during the festive period. The General Manager, Corporate Communications, NMDPRA, Mr Kimchi Apollo said this through an advisory which addressed speculations on the increase...
Motorists and commuters in Ibadan are having a hard time as gridlocks caused by fuel queues hinder free vehicular movement in the Oyo State capital. Speaking with the News Agency of Nigeria (NAN) on Tuesday, Mr Sanni Olatunde, an employee of a private company, said no-one had been able...
The Major Oil Marketers Association of Nigeria (MOMAN) says it is working with the Nigeria National Petroleum Company (NNPC) Ltd., to improve the distribution of petrol across the country. Mr Clement Isong, Chief Executive Officer of MOMAN, said this in an interview with the News Agency of Nigeria (NAN),...
The last few weeks in Calabar, the Cross River capital, have been particularly challenging due to the scarcity and hike in price of petroleum products in the city. The new development has affected the price of commodities and transportation fare as short trips that used to cost N50 are...
Yoruba Council of Youth Worldwide (YCYW), on Thursday tasked the Nigerian National Petroleum Corporation (NNPC) Ltd, on ending reoccurring fuel scarcity in the country. Aare Hassan, President-General, YCYW, said this at a news conference in Abuja. “I wrote a letter to Mr Mele Kyari, the Chief Executive Officer, NNPC...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has assured Nigerians that it is taking measures to end the lingering fuel scarcity being experienced in the country. Its Acting State Coordinator in Katsina, Engr. Abdullahi Musa-Mohammed, gave the assurance on Wednesday in an interview with the News Agency...
Some residents of Abakaliki, Ebonyi capital have expressed worry over the sudden upward adjustment in the pump price of Petroleum Motor Spirit (PMS) in the state. In a visit to some filling stations by the News Agency of Nigeria (NAN) on Tuesday, the product is sold between N200 and...
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 zone, disclosed this an interview with the News Agency of Nigeria (NAN) on Tuesday...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has appealed to Nigerians not to engage in panic buying of petrol, saying it has enough in stock. Mr Farouk Ahmed, the Chief Executive Officer, NMDPRA confirmed this to the News Agency of Nigeria (NAN) in Lagos on Tuesday. Ahmed...
Some members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) in the South-East say they will no longer guarantee the supply of products at the approved pump prices. The marketers spoke in separate interviews with the News Agency of Nigeria (NAN) in Awka on Thursday. They said that...
President Muhamamdu Buhari has defended the federal government’s decision to keep paying fuel subsidies. In a response to Bloomberg, the President said the effects of removing fuel subsidies would have been too harsh on the Nigerian people. He said the government is working on boosting local capacity in order...
The Federal Government says the fixed pump price of Premium Motor Spirit (PMS) remains N165 per litre as stipulated in the petroleum product pricing template. The government also advised Nigerians against panic buying of PMS, also known as petrol, saying that the country currently had over 2 billion litres...
Fuel queues on Monday resurfaced in most parts of Lagos State following the decision of some members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) to shutdown their operations. Mr Akin Akinrinade, Chairman, IPMAN, Lagos Satellite Depot, Ejigbo, who confirmed the development to newsmen in Lagos said the...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has blamed the inadequate supply of petrol from the depots in Lagos for the scarcity being experienced in Abuja and other parts of the country. IPMAN President, Mr Chinedu Okoronkwo, made this known in an interview with the News Agency of...