Thursday , 5 August 2021
Breaking News

Tag Archives: fuel scarcity

Subsidy Removal, Answer To Fuel Scarcity – FG

After weeks of speculations, the federal government yesterday officially announced the removal subsidy on petrol as a way of ending the incessant fuel scarcity. Consequently, the Petroleum Products Pricing Regulatory Agency (PPPRA) announced that effective immediately, a litre of fuel would now sell for a maximum of N145 at all filling stations across the country. It, however, advised Nigerian National …

Read More »

Fuel scarcity persists, as NNPC increases supply to 35m litres

Respite seems not to be in sight for motorists, as the fuel queues worsened, yesterday.  Motorists faced untold hardship in their quest to purchase Premium Motor Spirit, PMS, also known as petrol.

Read More »

Fuel scarcity: APC senators frustrate move to summon Buhari

EFFORTS by senators of the opposition Peoples Democratic Party, PDP, to convince the Senate to summon President Muhammadu Buhari to give reasons for the ongoing fuel scarcity in the country, were frustrated, yesterday, by their counterparts in the ruling All Progressives Congress, APC.

Read More »

Fuel scarcity hits Lagos, worsens in Abuja and other cities

Entrances to many filling stations in Lagos and other parts of the country remained shut to motorists on Sunday following a sharp drop in the supply of petrol to the market. Findings by The PUNCH revealed that oil marketers were no longer interested in importing the product mainly because of the rising exchange rate of the dollar to the Naira. …

Read More »

Why fuel scarcity persist -marketers

Contrary to claims by the National Petroleum Corporation (NNPC) that the fuel scarcity was caused by hoarding, the problem is a result of late release of import allocation to oil marketers, gap in importation and short-supply of petroleum products to filling stations, The Nation has learnt.

Read More »