The Major Oil Marketers Association of Nigeria (MOMAN) on Friday advised Nigerians to stop panicking over fuel scarcity while assuring the association’s effective distribution of petroleum products across the country. It’s Executive Secretary, Mr Clement Isong, gave the assurance in Lagos against the backdrop of the ongoing queues at the filling station in some part […]
Nigeria’s Vice-President Yemi Osinbajo says petrol could sell for N220 or more if the fedral government removes subsidy on the product.
Motorists in Abuja, the nation’s Federal Capital Territory, FCT, have expressed dismay over the lingering fuel crisis, which has necessitated the return of long queues at filling stations across the city. Motorists at most petrol stations visited by DAILY POST on Saturday, bemoaned the lingering shortage in the supply and availability of the fuel also […]
A boutique operator at 5 Education Close , UNILAG Estate , Magodo , Lagos , Mrs. Bola Omidiji , says her business is on the brink of collapse after a customer paid N496 , 000 dud cheques for goods bought from her . The debtor , Babatope Adeeso , had reportedly bought pairs of shoes […]
The Minister of State for Petroleum, Dr. Emmanuel Ibe Kachikwu, Thursday disclosed that the lingering fuel scarcity will take another 18 months to resolve permanently. Kachikwu however said the government has put various measures in place to address the issue of scarcity within the 18 months. He said such issues include forex for marketers, repair […]
Gas supply challenges abound in various sectors of the Nigerian economy , as the country needs about two billion standard cubic feet of gas to meet its gas demand , operators in the industry have said . In order to address gas supply challenges, they noted that about $ 6bn would be needed for infrastructure […]
The Federal Executive Council (FEC) on Wednesday ordered the Nigerian National Petroleum Corporation (NNPC) and the Petroleum Ministry to ensure the current fuel scarcity in some parts of the country do not last beyond weekend. The Minister of Information and Culture, Lai Mohammed, disclosed this to State House correspondents at the end of FEC meeting […]
The Federal Government has said the introduction of a new price regime for Premium Motor Spirit (petrol) has become inevitable in order to halt the crippling fuel scarcity in the country and ensure availability of the product. The Minister of Information and Culture, Alhaji Lai Mohammed, who stated this at the inauguration of the Advertisers […]
In a bid to end the lingering fuel scarcity in the country, the Federal Government over the weekend, commenced the release of Premium Motor Spirit (PMS) to Independent Petroleum Marketers Association of Nigeria (IPMAN).
By Philips Sunday The lingering fuel scarcity in the country has taken a new twist as Civil society organisations, students unions and the organised labour are set to organise a peaceful protest in Port Harcourt, Rivers State, in a bid to force the federal government to take drastic action towards solving the problem.
By Philips Sunday The Minister of State for Petroleum, Mr Ibe Kachikwu, has tendered an apology to Nigerians for remarks he made at the State House in Abuja, where he was quoted as saying he is not a magician as regards the lingering fuel scarcity in the country.
By Philips Sunday The National leader of the All Progressives Congress, APC, on Saturday, condemned the Minister of State for Petroleum, Dr. Ibe Kachikwu over his recent comment on the lingering fuel scarcity in the country. Recall Mr. Kachikwu while referring to the lingering fuel crises in the country, had claimed that he “was not […]