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Tag Archives: Fuel Scarcity

SUBSIDY REMOVAL: Fuel Pump Price Hits N600 In States

Fuel queues which resurfaced across the country on Monday grew longer yesterday, as panic buying by motorists and hoarding by marketers shot the price of petrol as high as N600 per litre. The development followed apprehension created by the removal of subsidy as announced by President Bola Ahmed Tinubu. Tinubu …

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Fuel Scarcity Hits Cross River, Passengers Stranded

Twenty-four hours after President Bola Tinubu declared the removal of fuel subsidy, fuel scarcity has returned in Cross River State. Recall, Tinubu, in his inaugural speech, had declared that fuel subsidy which had been a lingering issue in the nation, especially between Organised Labour and the Federal Government, was gone. …

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Fuel Scarcity Persists As DSS 48 Hours Ultimatum Elapses

Despite the 48 hours ultimatum issued to the Nigerian National Petroleum Company Limited and oil marketers by the Department of State Services, DSS, to make the Premium Motor Spirit, popularly called petrol available for Nigerians, the situation has remained the same, DAILY POST reports. It could be recalled that the …

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No End To Fuel Scarcity Until…—IPMAN Western Zone

Vice-Chairman of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Western Zone, Mr. Joseph Oyewale-Akanni, yesterday, attributed the current fuel scarcity and increase in the pump price to the hike in private depot prices. He, however, urged the Federal Government to deregulate the oil sector to prevent frequent fuel scarcity …

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Fuel Scarcity Hits Port Harcourt, 1 Litre Sells For N350

Fuel queues have resurfaced in filling stations in Port Harcourt, the Rivers State capital. The scarcity which appears to be artificial began on Monday following the leadership tussle between two factions of the Port Harcourt unit of the Independent Marketers Association of Nigeria, IPMAN. One of the factions said the …

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Fuel Scarcity looms again in Nigeria

Nigerians might experiment fuel scarcity again as the owners of Mega Petrol Filling Stations have threatened to shut down operations following an alleged imposition of a lower pump price on them by the Nigeria National Petroleum Company (NNPC) .This was revealed at a briefing held by the Mega Filling Station …

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