Tag Archives: Petroleum and Natural Gas Senior Staff Association of Nigeria

Fuel price increase: Buhari rejects marketers demand

President Muhammadu Buhari has reportedly shut down a move by oil marketers to get the pump price of fuel increased. The president is also reported to have said there would be no re-institution of fuel subsidy. This comes amidst an acute fuel scarcity that has, in the last week, caused traffic congestion, seen the springing up of black marketers and ...

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FG orders arrest of petrol hoarders

The Federal Government has ordered security agencies to arrest petroleum marketers who hoard the products, so as to cause artificial scarcity, as is, currently, being experienced. This is even as oil marketers have been warned to desist from hoarding the product or risk being arrested by industry regulators, who have been detailed for enforcement. The order was disclosed by the ...

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