Fuel scarcity

The Nigerian National Petroleum Company (NNPC) Limited says the price of premium motor spirit (PMS), also known as petrol, is determined by market forces. Adedapo Segun, executive vice-president of downstream at the NNPC, spoke on TVC…

The Nigerian National Petroleum Corporation Ltd. has blamed the fuel scarcity that has led to long queues in filling stations nationwide due to recent rains, lightning, and thunderstorms. NNPCL’s vice-president (downstream), Dapo Segun,…

The Independent Petroleum Marketers Association of Nigeria has raised concerns over the shortage of Premium Motor Spirit also known as petrol, affecting its members across the country amidst widespread scarcity. The umbrella body, which…

The Nigerian National Petroleum Company Limited has vowed to end the queues for Premium Motor Spirit, popularly called petrol, by Wednesday, as the black market for PMS boomed on Sunday. NNPC also declared that it did not owe…

The Nigerian Nigerian Petroleum Company Limited (NNPCL), has blamed resurfacing of fuel queues in some parts of the country on the disruption of ship-to-ship (STS) transfer of Premium Motor Spirit (PMS), also known as petrol, between Mother…

As fuel scarcity continues to bite harder in different locations, the Federal Government says it has begun a 15-day emergency fuel supply to ensure the commodity circulates across the length and breadth of the country. The government…

Worried by lingering petrol scarcity across the country, the House of Representatives yesterday invited Minister of State (Petroleum Resources) Heineken Lokpobiri for briefing on way out of the crisis. Queues and crippling shortage of…

Queues lengthened yesterday at petrol stations in some parts of Lagos State as motorists battled to fill their vehicle tanks. Many residents, especially pupils, their parents, workers, and traders were caught in the web with fewer…

With the scarcity of new Naira notes and fuel unabated in many parts of the country, All Progressives Congress Presidential Candidate, Asiwaju Bola Ahmed Tinubu has once again appealled to Nigerians to remain calm as the government and…