fuel scarcity Archives - Page 3 of 4

NUPENG threatens strike in Lagos over tanker drivers' safety

Why fuel scarcity persist – Marketers

The Independent Petroleum Association of Nigeria has attributed the current fuel scarcity to unavailability of petroleum products and difficulty in accessing foreign exchange by marketers. The Operations Controller of lPMAN, Mike Osatuyi, made the remarks in an interview with the News Agency of Nigeria in Lagos on Sunday. Osatuyi said it had become necessary to […]

agencyreport
27th November 2022
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Oil and Gas

Tweeps knock FG as fuel scarcity leaves commuters stranded

Tweeps have slammed the Federal Government as commuters were left stranded on Tuesday as petrol shortage characterised by long queues have crept into the busiest city in Nigeria, Lagos State. While some filling stations, especially independent marketers, allegedly did not have the product to sell to motorists and other consumers and were shut down, those […]

aadelekepdnlimited-com
25th October 2022
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9 Views

News

NNPC, IPMAN address fuel scarcity

The Nigerian National Petroleum Company and the Independent Petroleum Marketers Association of Nigeria have allayed the fears of Nigerians over possible fuel scarcity in some parts of the country. The PUNCH reported that the scarcity of PMS worsened on Thursday in Abuja, as the Federal Government attributed the development to flooded roads in Kogi […]

agencyreport
9th October 2022
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23 Views

Nigerians bought petrol N191.65 per litre September- NBS

Oil and Gas

Marketers hint at fresh fuel scarcity in Abuja

The Federal Capital Territory residents might experience a fresh round of fuel scarcity as tankers have halted the conveyance of petroleum products to the state. According to The Punch, the Independent Petroleum Marketers Association of Nigeria, and Depot and Petroleum Products Marketers Association of Nigeria disclosed this to newsmen. The sources with IPMAN and DAPPMAN […]

sadeniyipdnlimited-com
4th August 2022
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FG spends N40.1bn daily as fuel subsidy hits N600 per litre – Operators

News

PMS at N165/litre not sustainable – Oil marketers

The Association of Oil Marketers in Nigeria on Wednesday said that the sale of Premium Motor Spirit also known as petrol is not sustainable at N165/litre. The Independent Petroleum Marketers Association of Nigeria and the Natural Oil and Gas Suppliers had earlier pushed for the upward review of petrol price, as some members of IPMAN […]

oamudipepdnlimited-com
14th July 2022
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24 Views

News

Fuel scarcity: Motorists groan as marketers threaten strike

The scarcity of Premium Motor Spirit, popularly called petrol, worsened in Lagos, Abuja and neighbouring Nasarawa and Niger states, as more filling stations shut their gates to customers, citing a lack of products to dispense. Oil marketers have yet to receive a response from the Federal Government as regards the outstanding payment of bridging claims […]

agencyreport
10th July 2022
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20 Views

News

Marketers, depots clash over 16.6bn litre fuel diversion

Allegations of diversion of 16.6 billion litres of fuel to neighbouring nations have sparked among between oil marketers and depot owners. A top official of the Depots and Petroleum Products Marketers Association of Nigeria, who craved anonymity, alleged that fuel scarcity was partly due to the diversion of products to neighbouring countries by marketers. According […]

oamudipepdnlimited-com
8th July 2022
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15 Views

News

Fuel queues worsens as marketers sell N175/litre, plan strike

Against the stipulated N165/litre, some filling stations on Wednesday sold Premium Motor Spirit at 175/litre, even as the oil marketers insist on embarking on a nationwide strike if the government fails to pay them. Some outlets in Lagos that sold the commodity at N169/litre last week had to adjust their pumps on Wednesday, as they […]

oamudipepdnlimited-com
7th July 2022
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12 Views

News

Prepare for mother of all queues, oil marketers warn

Oil marketers have warned Nigerians to prepare for the “mother of all queues” if the Federal Government fails to meet their demands. The oil dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria also denied the payment of N74bn by the Federal Government. AM Business had reported that the Federal Government through […]

oamudipepdnlimited-com
1st July 2022
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33 Views

Transportation

Transport fares rise 47.3% in 12 months – NBS

Nigerians are paying more to move from one city to another as they continue to face a slew of challenges, ranging from insecurity, fuel scarcity to high food prices. The National Bureau of Statistics in its Transport Fare Watch for May 2022, released on Wednesday, said the average fare paid by commuters for bus journey […]

oamudipepdnlimited-com
30th June 2022
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24 Views

Naira fall'll worsen Nigeria’s food, energy crisis — W’Bank

Economy

Inflation, fuel scarcity’ll weaken Nigeria’s economic growth – World Bank

The World Bank has predicted that Nigeria’s economic growth will be affected by fuel scarcity and rising inflation in the country. This is coming after the apex bank projected that Nigeria’s economy would grow by 3.4 per cent in 2022 but decline to 3.2 per cent in 2023 and 2024. According to The PUNCH, the new […]

agencyreport
27th June 2022
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21 Views

Oil and Gas

FG spends N40.1bn daily as fuel subsidy hits N600 per litre – Operators

Oil operators on Sunday revealed that the Federal Government spends N40.1bn daily when subsidising every litre of Premium Motor Spirit, popularly called petrol by at least N600. According to data obtained from the Nigerian National Petroleum Company Limited, this also means that the government is spending about N1.243tn on fuel subsidies every month. Also, the […]

enitan
27th June 2022
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13 Views

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Tag: fuel scarcity

Why fuel scarcity persist – Marketers

Tweeps knock FG as fuel scarcity leaves commuters stranded

NNPC, IPMAN address fuel scarcity

Marketers hint at fresh fuel scarcity in Abuja

PMS at N165/litre not sustainable – Oil marketers

Fuel scarcity: Motorists groan as marketers threaten strike

Marketers, depots clash over 16.6bn litre fuel diversion

Fuel queues worsens as marketers sell N175/litre, plan strike

Prepare for mother of all queues, oil marketers warn

Transport fares rise 47.3% in 12 months – NBS

Inflation, fuel scarcity’ll weaken Nigeria’s economic growth – World Bank

FG spends N40.1bn daily as fuel subsidy hits N600 per litre – Operators

UK immigration crackdown halt visa issuance for foreign.

SERAP calls on CBN to reveal disbursements to.

UK unveils major visa overhaul to cut legal.

Aiteo partners PETROMOC for new refinery project in.

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