Fuel Scarcity Archives - Page 2 of 6

Fuel scarcity: H/Reps. orders suspension of electricity tariff hike, summon petroleum minister

May 1, 2024May 1, 2024 Aminu Imam

The House of Representatives has directed the Nigeria Electricity Regulatory Commission, (NERC), to halt the rollout of the new electricity tariff. It also summoned the Minister of Petroleum Resources over the current fuel scarcity. These decisions followed the adoption of separate motions moved by Shehu Ajilo and Nkemkanma Kama, a lawmaker from the Labour Party (LP) representing Ebonyi State. Recall that on April 3, NERC approved an increase in electricity tariffs for customers belonging to Band-A, which led to legislative action. Customers in this category, who receive 20 hours of…

‘Fuel scarcity�ll last for 2 more weeks’ � IPMAN

April 30, 2024April 30, 2024 Aminu Imam

…Says NNPC not supplying them with products The Independent Petroleum Marketers Association of Nigeria, (IPMAN), said yesterday that the petrol scarcity currently spreading to more States across the country will take at least two weeks to normalise. This is even as the Nigerian National Petroleum Company Limited, (NNPCL), insisted yesterday that it has adequate stock of the product. However, IPMAN’s Public Relations Officer, Chinedu Ukadike, said the product is not available in the country, adding that it has become a bit of a challenge to source the product because most…

NANS threatens mass action over fuel scarcity

April 30, 2024April 30, 2024 Aminu Imam

National Association of Nigerian Students, (NANS), has threatened to embark on mass action if the Federal Government fails to take immediate steps to address the current fuel scarcity in the country. The students� body also asked the Group Managing Director of the Nigerian National Petroleum Company Limited, (NNPCL), Mele Kyari, to resign if he could not take decisive actions to resolve the fuel crisis. The association�s senate president, Babatunde Akinteye, in an issued statement yesterday, lamented that the fuel scarcity has left many citizens, including students, frustrated and helpless. Nigerians…

Fuel Scarcity persists in Northern States

April 29, 2024April 29, 2024 Aminu Imam

�Black marketers sell at N2,000 per litre Fuel marketers in the northern region, especially Sokoto State, particularly black marketers, are now selling patrol at N2000 per liter as scarcity of the product bites harder nationwide. Residents of Sokoto and adjourning states have been thrown into lamentation and hardship due to the fuel scarcity being experienced in all parts of the region. The unbearable scarcity of fuel in the state is said to have made businesses and other activities very difficult. According to reports, commuters in the State said most filling…

?Fuel hits N1,000/litre, as scarcity bites harder in Lagos, Abuja,�Kaduna

April 26, 2024April 26, 2024 Aminu Imam

…’Cause of tightness resolved’ – NNPC Fuel scarcity is biting hard on Lagos Abuja Kaduna residents, as motorists are forced to buy the product for as high as N1, 100 per liter from black marketers. According to reports, many passengers going to work and their business premises were stranded following the scarcity of fuel across the State and very few commercial operators were providing services. Most filling stations were not dispensing fuel, and the few which had the product hiked the pump price to between N750 and N810 per litre.…

Fuel Scarcity: Northern Group accuses marketers of sabotage, demands NNPCL GMD�s sack

October 9, 2023October 9, 2023 Aminu Imam

A northern-based civil society organisation (CSO), the ‘Mega National Movement for Good Governance’, has expressed concern over the sudden scarcity of Premium Motor Spirit, better known as petrol in the Federal Capital Territory (FCT), Kaduna State and other major cities across the country. The group, during a press conference in Kaduna on Friday, accused the independent petroleum marketers of creating the scarcity with the intention of hiking fuel prices in the coming days. The spokesman for the group, Ibrahim Tijjani, also expressed worry over the instability of prices of petroleum…

Fuel scarcity looms, as landing cost of petrol hits N720/litre

October 7, 2023October 7, 2023 Aminu Imam

�NNPC clarifies Many petroleum product depots are currently deserted due to a lack of supplies caused by currency volatility, as the landing cost of Premium Motor Spirit (PMS), also known as petrol, has risen to N720 per litres, oil marketers have said. Petroleum product dealers also indicated that filling stations were closing down in huge numbers on a daily basis because the industry was getting increasingly difficult to maintain. According to them, this could lead to widespread gasoline scarcity in the coming months. It was also gathered that the cost…

Subsidy: APC Govs. blame marketers for scarcity, price hike

June 3, 2023June 3, 2023 Aminu Imam

State governors of the ruling All Progressives Congress, (APC), have accused oil marketers of inflicting pains on Nigerians by hoarding fuel supply after President Bola Tinubu�s announcement on Monday on the discontinuance of fuel subsidy. The governors, under the aegis of the Progressive Governors� Forum, (PGF), stated this during a courtesy visit to the President at the Presidential Villa. Addressing State House correspondents in Abuja yesterday, the Chairman of PGF and Governor of Imo State, Hope Uzodinma, condemned the price increase on what he described as �old stock�, and called…

Abuja residents lament fuel crisis, queues

March 8, 2023March 8, 2023 Aminu Imam

Many motorists in the Federal Capital Territory (FCT) have been groaning over the current fuel crisis and continuous queues at the fuel stations. News correspondents who monitored fuel stations in Abuja yesterday reports that many stations are not dispensing products, while the few that are dispensing are causing serious traffic due to long queues. The motorists also expressed displeasure over the cash in the country, which they said is compounding the issue, and appealed to the Federal Government to intervene swiftly. The Nigerian National Petroleum Company Ltd. (NNPCL) had attributed…

“Fuel scarcity will ease off next week” – Kyari assures

February 8, 2023February 8, 2023 Aminu Imam

…Apologises to Nigerians Nigerian National Petroleum Corporation Limited, (NNPCL), Group Chief Executive Officer, Mele Kyari, has assured Nigerians that the lingering fuel scarcity will ease-off next week. Kyari said this in a video clip shown during a television programme, yesterday. He, however, said he could not assure that the queues at the fuel stations would disappear, but added that there would be a significant improvement in the next one week He said, �Within the next one week, I�m not saying that you�re going to have zero queues within the next…