Tag Archives: Fuel Scarcity

Barely two weeks after the release of some lecturers prospecting for oil at the Chad Basin, the Nigeria National Petroleum Corporation (NNPC) has concluded arrangement to commence exploration activities at the basin, Group Managing Director of NNPC,  Maikanti Kacalla Baru, has said. Oil exploration activities at the Chad Basin were suspended for months due to the abduction of the three ...

The Nigeria Employers’ Consultative Association (NECA) said on Thursday that the Federal Government should stop regulating fuel price to allow market forces to determine the cost of the commodity. The President of NECA, Larry Ettah, who made the statement, while addressing journalists on some national issues, in Lagos, said that regulating fuel price had caused untold hardships for the populace. ...

The Kano/Jigawa operations unit of the Department of Petroleum Resources (DPR) has sealed three more filling stations in Jigawa State, for selling above the official pump price of N145. The stations were also sealed for hoarding and outright diversion of the product. This is in addition to the 96 filling stations that were sealed between December and mid-February, as announced ...

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has told the Federal Government to “think outside the box,’’ to end persistent fuel scarcity in Nigeria. The President of the union, Igwe Achese, told labour correspondents in Lagos, on Friday, that government must make a paradigm shift to resolve the energy crisis which has plagued Nigeria for decades. Nigeria ...

The Warri Zonal Office of the Department of Petroleum Resources (DPR) has sanctioned seven petrol stations in Delta over dishonesty.

The average fare paid by commuters for road trips surged by an average 8.13 percent month-on-month (MoM) in January.

The Nigerian National Petroleum Corporation (NNPC) has called on petroleum products marketers to make life easy for Nigerians. Its Group Managing Director, Maikanti Baru, who said this, on Wednesday, in Abuja, asked the marketers to stick to the N145 per litre approved pump price for petrol. He gave the charge, while presenting a commendation letter to the Managing Director of ...

Thirty-six ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin Can Island Ports in Lagos between February 12 and 24.  The Nigerian Ports Authority (NPA) stated this in its publication, `Shipping Position’, a copy of which was made available to the News Agency of Nigeria (NAN) in Lagos on Monday. NAN reports ...

Returnee indigenous, India-trained engineers of the Dangote Refinery have promised to deploy the knowledge and skills acquired during the training to ensure that Nigeria wa saved the embarrassment of fuel scarcity when the refinery come on stream. The engineers, who described their experience as second to none in the history of Nigeria’s oil and gas sector said that never again ...

The Nigerian National Petroleum Corporation (NNPC) has said it would take delivery of two cargoes of petrol per day for the rest of February to boost supply and eradicate queues. A statement by the NNPC spokesman, Ndu Ughamadu, on Thursday, stated that two cargoes of 50 million litres each, making a total of 100 million litres, would be brought in ...