Tag: Petrol Scarcity

Petrol scarcity imminent as diesel price hits N1, 100/litre

Aminu Imam

…“We can’t restock, access loans”- Oil marketers groan Unless the Federal Government steps in to arrest the slide, oil marketers say they can no longer sustain the distribution of petrol and other products nationwide, as the price of diesel used to power their trucks now sells for N1,100/litre in many jurisdictions. The oil marketers, on the platform of Natural Oil and Gas Suppliers’ Association of Nigeria, (NOGASA), raised the alarm in a statement issued yesterday. According to the union’s president, Benneth Korie, diesel has witnessed incessant hike in prices in…

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Petrol scarcity looms as NARTO orders tanker drivers to begin strike

Ishaku Yohanna

Nigerian Association of Road Transport Owners (NARTO) on Monday ordered tanker drivers nationwide to halt operations beginning from Tuesday, September 22, 2020. NARTO gave the directive in Abuja in protest against the Federal Government’s ban on petroleum trucks above 45,000 litres from plying Nigerian roads. NARTO is the umbrella organisation of all commercial vehicles owners in Nigeria engaged in the haulage of petroleum products, general cargoes, and movement of goods and passengers within the country and the West-African sub-region. Speaking at a press briefing in Abuja, NARTO’s National President, Yusuf…

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