Tag Archives: Fuel crisis

Charlyboy leads protest to NNPC HQ over fuel scarcity

Charles Oputa, a.k.a Charlyboy, on Wednesday, led the `Ourmumudondo’ group, on a peaceful protest to the headquarters of the Nigerian National Petroleum Corporation (NNPC) over lingering fuel scarcity across the country. ‘Ourmumudondo’ is a non-political coalition of Nigerians from all backgrounds that advocates national reawakening towards holding leaders responsible and ensuring good governance at all levels. The News Agency of ...

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NSCDC arrests petrol station manager for fuel diversion

A filling station manager has been arrested by the Nigerian Security and Civil Defence Corps (NSCDC), in Abuja, for allegedly diverting 26,000 litres of petrol, the Nigerian National Petroleum Corporation (NNPC) has said. The Group General Manager, Group Public Affairs Division of the corporation, Ndu Ughamadu, disclosed this in a statement sent to PREMIUM TIMES. The statement said about 26,000 ...

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Fuel crisis may worsen as marketers demand N800bn debt

The Major Oil Marketers Association of Nigeria (MOMAN) and Depot and Petroleum Products Marketers Association (DAPPMA) have notified the federal government that the debt of N800 billion owed to their members have almost crippled their businesses and stands to worsen the ongoing fuel crisis in the country. The situation, they added, also threatens 30,000 jobs in the downstream sector. The ...

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Nigerians unhappy with lingering fuel crisis

Nigerians are not happy with the lingering fuel scarcity being experienced in some parts of the country. Many consumers have deplored the development, adding that it did not speak well of the President Muhammadu Buhari-led administration. While lamenting the situation, some said fuel and light that were the most essential in a developing country had become terribly scarce. Following the ...

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Fuel scarcity: FRSC warns motorists against carrying petrol

The Federal Road Safety Corps (FRSC) has advised motorists against carrying petrol in their attempt to beat fuel scarcity during travels. Its Ogun state Sector Commander of FRSC, Clement Olafele, gave the advice in an interview with the News Agency of Nigeria (NAN), on Sunday, in Ota, Ogun. Oladele said that the advice was to guard against fire outbreak, loss ...

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Nigerians not feeling impact of economic recovery – CISLAC

Civil Society Legislative Advocacy Centre (CISLAC) The Civil Society Legislative Advocacy Centre (CISLAC) has said that the reported improvement in the nation’s economy is still largely reflected in government figures and statistics and not having direct bearings on the citizenry. Its Executive Director, Auwal Musa Rafsanjani, said at a state of the nation media briefing on Tuesday in Abuja, and ...

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We have enough petrol – NNPC

The Nigerian National Petroleum Corporation (NNPC) has urged motorists not to engage in panic buying of any petroleum products. The NNPC spokesman, Ndu Ughamadu, said, on  Thursday, that the Corporation had a robust stock of Petroleum Motor Spirit otherwise known as petrol. According to the statement, the PMS stock was sufficient to serve the nation for more than 30 days. ...

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Economists, marketers react to Kachikwu’s suggestions to end fuel scarcity

Economists and petrol marketers have expressed diverse views on the workability of three proposals made by the Minister of State for Petroleum Resources, Ibe Kachikwu, to resolve the current fuel scarcity. While the economists say the proposals are open to corruption and will not work efficiently, the marketers see it as a good initiative to resolve the recurrent fuel crisis. ...

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No plan to increase price of petrol – FG

The federal government has denied plans to increase price of Premium Motor Spirit (PMS), popularly called petrol to a minimum price of N180 This was contained in a statement issued by Idang Alibi, Director of Press, Ministry of Petroleum Resources. Idang said that the Minister of State for Petroleum Resources, Ibe Kachikwu, during the Joint Senate and House of Representatives ...

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