Tag Archives: Fuel

The scarcity of Premium Motor Spirit, popularly called petrol, has again returned to Abuja, Nasarawa, Niger, Kaduna and other states, causing massive queues at the few filling stations that dispensed the product in the affected areas. In providing an explanation for the resurgent fuel scarcity, oil marketers said the commodity …

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has denied planning to cease operations once the government enforces N195 per litre pump price. A statement on Monday by National Operations Controller Mike Osatuyi advised the public to ignore the information. Mojeed Adesope, Publicity Officer of Ibadan Depot, on February 3, …

THE Federal Government’s decision to increase the pump price of premium motor spirit (petrol) by eight per cent has failed to ease supply challenges in the country, as independent marketers now sell the product N300 per litre. Recall that the government had a few days ago, raise the pump price of …

Car owners, motorists and commercial cab operators in Ibadan, the Oyo State capital, have continued to groan as the scarcity of Premium Motor Spirit (PMS), also known as petrol, bites harder. Newsextra24 reports that Ibadan and other towns and cities across the country have been experiencing a shortage of the …

Fuel scarcity has resurfaced in the federal capital territory, FCT, Lagos and other major cities amid a pump price increase from 179/per litre to N194/litre on Thursday. Checks by Newsextra24 found that Nigeria National Petroleum Corporation Limited filling stations in Maitama, along Kubwa Expressway, Mega Station CBD, Jabi, adjusted their …

The scarcity of Premium Motor Spirit (PMS) that has hit Osogbo and other towns in Osun in recent days is yet to abate. This is as queues are still observed to be persistent in major petrol stations across Osogbo, Osun State capital. The most affected parts of Osogbo include Ogo-Oluwa, …

A special joint arrangement by the Nigerian National Petroleum Company Limited and 30,000-member independent petroleum marketers will lead to mass supplies of Premium Motor Spirit, popularly called petrol in Lagos, Calabar, Port Harcourt and Ogara beginning next month, findings by NEWSEXTRA24 have revealed.   The move is part of the …

The queues for Premium Motor Spirit, popularly called petrol, which were gradually abating recently, suddenly re-emerged on Wednesday in many cities, including Lagos and Abuja. The development clearly shows that Nigerians face bleak Christmas as fuel scarcity has started taking a toll on motorists, who have hiked their fares. It …

No fewer than four Petrol Stations in Ibadan were sealed by the Department of Weights and Measures for under-dispensing of fuel per litre to consumers. Speaking during surveillance on Tuesday, Mr Ibrahim Isah, Deputy Director, Legal Metrology in the agency, said most filling stations visited are short-changing consumers. “We are …

The Kaduna State Governor, Nasir El-Rufai, has raised concern on how tackling the challenge of fuel subsidy and foreign exchange to reposition Nigeria’s economy may cost Nigeria’s next president a second term. El-Rufai expressed this concern during a panel discussion at the launch of the World Bank Nigeria Development Update …