Tag Archives: #Fuelscarcity

The Nigeria Bureau of Statistics (NBS) has published data showing Nigerians do not get to buy fuel at the approved rate of N145 per litre. This detail is contained in the NBS Premium Motor Spirit (petrol) price watch for January which puts the average pump price at N190.9 per litre. Though N46 more than the official price, states pay more ...

The Senate President, Bukola Saraki, has said the ongoing fuel scarcity in the country is man-made and that those responsible must pay the price for visiting needless hardship on Nigerians. He made the statement on Tuesday while welcoming his colleagues back to the plenary from their three-week break. “I am not unmindful of the sobering fact that the new year ...

The Department of Petroleum Resources (DPR) has seal off  six fuel stations in Anambra state, for allegedly hoarding and selling petrol above the official pump price of N145 per litre. The affected filling stations were located in Awka, the capital city, Onitsha, the commercial town, and neighbouring Nkpor and Obosi. Reports say that Premium Motor Spirit (PMS) sold between N220 ...

A former Minister of Education, Oby Ezekwesili, has said that officials of the Nigerian National Petroleum Commission (NNPC) are “running around” fillings stations to impress President Muhammadu Buhari. The group managing director of NNPC, Maikanti Baru, and some top officials of the corporation had been going to filing stations over the petrol scarcity being experienced in the country. In a ...

The Senate President, Bukola Saraki, has directed members of the Senate committee on petroleum downstream to cut short their holiday in order to contribute to addressing the lingering fuel crisis. This was announced on the Twitter handle of the Red Chamber on Wednesday. The development was confirmed by the Special Assistant to Saraki on New Media, Olu Onemola. He promised ...

The Senate Committee on Petroleum Resources (Downstream), Kabiru Marafa,  has revealed that the committee members have suspended their holidays in order to attend to fuel lingering crisis. ETV reports that the Senate President, Bukola Saraki, had earlier ordered the committee to cancel its holiday and attend to the crisis. Marafa, in Abuja, said that following the directive, the Committee on ...

A combined team of the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR) and security agents have uncovered illegal reservoirs of fuel in Abuja. Speaking at the site of the mini depot, the Group Managing Director of the NNPC, Maikanti Baru, said it was saddening to make such discoveries in the city center when less than 500 meters ...

The Vice President, Yemi Osinbajo, and the Minister of State for Petroleum Resources, Ibe Kachikwu, met with some major petroleum marketers over the lingering fuel scarcity in the country. Kachikwu, who took to his Twitter, said that the meeting, which was ‘productive and collaborative’, was convened as part of efforts by the Federal Government to provide the much-needed solutions to ...

The Special Adviser to the President Muhammadu Buhari on Media and Publicity, Femi Adesina has promised that Nigeria will stop importation of petroleum products by 2019. Adesina made this known while speaking as a guest on Channels Television’s Sunrise Daily. He said that importation and exportation of fuel has a high effect on the lingering fuel crisis because the country ...

President Muhammadu Buhari, on Sunday, said that he had directed regulators to end hoarding and price hike. The President, who finally broke his silence on the lingering fuel scarcity in the country, said he had also been assured by the Nigerian National Petroleum Corporation (NNPC) that the situation would improve, significantly, in the next few days . Buhari disclosed this ...