Tag: Fuel Scarcity

‘New naira, fuel scarcity may influence election uncertainty’ – World Bank

Aminu Imam

The World Bank Country Office in Nigeria has disclosed that the persistent fuel scarcity and the inability of Nigerians to access the new naira notes may influence uncertainty ahead of the February 25 and March 10 elections in the country. According to the bank, the deadline for old notes will socially and economically affect vulnerable people in the country. Earlier, the Central Bank of Nigeria, (CBN), announced February 10 as the deadline for the exchange of old notes. The bank projected that Nigeria would not be able to attain a…

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NLC orders ‘sit-at-home’ over fuel, naira scarcity

Aminu Imam

…Says, “We can’t keep suffering because of this misrule”  The Nigeria Labour Congress (NLC), Rivers State Chapter, has ordered all civil servants in the State to sit at home if the scarcity of fuel and naira persists as of yesterday. Reports said the NLC chairperson in the State, Beatrice Itubo, gave the directive while briefing newsmen, saying, “We have declared a sit-at-home for all workers from Monday till further notice if the fuel crisis and crazy transportation fare hike continues”. Mrs. Itubo, who is the governorship candidate of the Labour…

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“Cash, petrol scarcity may yield unpleasant consequences — act now!” – Akeredolu urges Buhari

Aminu Imam

Ondo State Governor, Rotimi Akeredolu, has advised President Muhammadu Buhari to take urgent steps to address the scarcity of naira notes and petrol price hike. The petrol crisis and scarcity of naira notes are resulting in protests in parts of the country. However, after a meeting with governors elected on the platform of the All Progressives Congress (APC), yesterday, the president requested seven days to take a “major decision” on the naira note scarcity. In a statement yesterday, Akeredolu said the current situation is a recipe for “unpleasant consequences” if…

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‘Fuel scarcity not plan to sabotage election’ – NNPC GMD 

Aminu Imam

The Nigerian National Petroleum Company Limited (NNPCL), yesterday, said the lingering petrol scarcity across the country is not a deliberate action to sabotage the forthcoming general elections. The NNPC Group Managing Director and Chief Executive Officer, Mele Kyari, disclosed this while speaking on a television programme. Recall that last week, during a campaign rally in Abeokuta, the Ogun State capital, the presidential candidate of the All Progressives Congress, (APC), Bola Tinubu, alleged that a plot is being made to scuttle the general elections. Tinubu said the scarcity of fuel being…

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Fuel Scarcity: ‘Nobody is indispensable,’ Nigeria’s military chief warns oil marketers

Aminu Imam

Chief of Defence Staff, Major-General Lucky Irabor, has warned that the petrol scarcity across the country had become a ‘security concern’ and ‘nobody is indispensable’ in bringing a solution to the problem. Irabor stated this on Tuesday, during a meeting between oil regulators, security chiefs and petroleum marketers. “The challenge of availability of fuel across the country has risen to a proportion that it had become a concern for the defence and security of our country,” he said. “The government is not handicapped; and there are alternatives and nobody is…

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Petrol price now N550 in most cities as scarcity bites harder

Aminu Imam

…POS racketeering at Abuja fuel stations emerges The blame-game over the 5-month fuel scarcity at the weekend, continued yesterday, with motorists and other users of the product paying between N240 and N550 per litre in major cities across the country. According to reports, in Lagos, Ondo, Edo, Kwara  Abia, Anambra and Benue States, some independent marketers boldly displayed unofficial prices on their pumps, while others left the old official price of N167 per litre, but verbally announced higher prices to willing buyers. It was observed that in some of the…

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2023: Why Nigeria must tackle fuel scarcity before poll — W’African Democracy group

Aminu Imam

The West African Democracy Solidarity Network (WADEMOS), has explained why the government of Nigeria must address the lingering fuel scarcity before the commencement of the general elections . The group stated that petroleum scarcity might lead to a low turnout of voters as most of them would find it difficult to go to their polling units. It equally urged the Independent National Electoral Commission (INEC), to clarify the constitutional requirements for a candidate to be declared winner in the presidential poll. The organisation, a coalition of 30 civil society and…

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Fuel Scarcity: “Some filling stations under-dispensing to cheat consumers” – Motorists alert regulators

Aminu Imam

Consumers of Premium Motor Spirit (PMS), popularly called petrol, have raised the alarm over a new trend adopted by fuel retailers to cheat consumers. The motorists, in separate interviews, alleged that most filling stations have tampered with their meters in a bid to exploit and rip-off consumers. According to them, the bad business practice which is not new in the downstream sector appears to have grown worse in the face of the current fuel scarcity. They alleged that filling stations operated by some major oil marketers have joined in this bad business…

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Fuel scarcity bites harder, crippling socio-economic activities in N’West; Stakeholders lament

Aminu Imam

The lingering fuel scarcity across major parts of the country is biting harder in the North-West region, crippling socio-economic activities, in States such as Kebbi, Kaduna, amongst others. An investigation conducted in Birnin-Kebbi, the Kebbi State capital and its environs, reveals that only a few filling stations sell Petroleum Motor Spirit (PMS), popularly known as petrol. It was observed that none of the filling stations in the State capital and its environs sells the product at the regulated price of N185, while the few stations that open for business sell…

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Petrol filling station owners dare DSS over order on petrol scarcity 

Aminu Imam

…Says ‘change must start from the source’ The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has dismissed the 48-hour ultimatum issued by the Department of State Services (DSS) for oil marketers to make petrol available for Nigerians as inconsequential. PETROAN Chairman, System 2E, Eastern Zone, Sunny Nkpe, who said this on a television programme yesterday, tasked the Government to do the needful.  Recall that the DSS through its spokesperson, Peter Afunanya, had Thursday ordered petrol marketers to make the product available in order to solve the crisis of…

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