The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, yesterday called for the rehabilitation of the nation’s refineries to end the recurring fuel scarcity across the country. The South-West Chairman of the union, Tayo Aboyeji, who made the call in a chat with the News Agency of Nigeria, said it is disheartening to know […]
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Despite the low number of filling stations selling petrol at the approved retail price of ₦145 per litre, most motorists have pitched their tents with such marketers. Findings by Daily Sun revealed that most major marketers are recording increased sales as motorists prefer to buy from them rather than independent marketers. The Forte Oil on […]
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The United Labour Congress (ULC), yesterday, said the present scarcity of petroleum product is a plan by the Federal Government to increase pump price in January. This is even as it has warned that it would resist the attempt. ULC said its investigation has revealed that the present shortage was as a result of government’s […]
Read More Fuel scarcity seemed to be abating in Lagos State as motorists’ queues have reduced in some filling stations yesterday. It was also observed that majority of the outlets were dispensing fuel to motorists. Some of the major marketers’ retail outlets in some parts of Ogba, Ikeja and Agege were seen selling products to motorists at […]
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Nipco Plc, a major Downstream operator which the Nigerian National Petroleum Corporation (NNPC) in a statement cited as one of the six major marketers which benefitted from NNPC cargo supplies, has confirmed the Company’s receipt of the Products from the Corporation. Nipco, in a release this evening by its Chief Corporate Affairs Manager, Alh. Lawal […]
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The Nigerian National Petroleum Corporation (NNPC) has intensified efforts to flood the market with Premium Motor Spirit (PMS), otherwise called petrol, and other products. Already, six major marketers: Total, Forte Oil, Oando Plc, MRS, 11 Plc and Nipco Plc, are now loading products round the clock from their various depots in Lagos for onward trucking […]
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As the scarcity of petrol persists in Ibadan, transport fare has gone up by 100 per cent, newsmen report. However, in spite of the fuel shortage, newsmen observed there were there scores of people at some motor parks, who were set to travel home for this festive season. At the new Ife road park, the […]
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The supply and price of Petrol in Anambra have worsened as customers now pay between ₦250 and ₦300 per litre in the state. Most filling stations in Awka and its environs had the product but refused to dispense. However, the Department of Petroleum Resources (DPR) monitoring and enforcing the situation, compelled marketers to sell the […]
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The Ekiti State Governor, Mr Ayodele Fayose has again condemned the federal government over its nonchalant attitude towards ending the fuel scarcity being experienced across the country, calling for immediate resignation of President Muhammadu Buhari as the minister of petroleum. The governor, who reiterated his position that the All Progressives Congress (APC) federal government was […]
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The Department of Petroleum Resources (DPR) has warned residents of Gusau in Zamfara against panic buying and hawking of Petroleum product. Malam Ango Haruna, The Controller in charge of Gusau DPR field office, gave the warning on Friday in Gusau when he led the surveillance team of the department to inspect some filling stations in […]
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As the scarcity of Premium Motor Spirit (petrol) continues to rock many parts of the, the Lagos Chamber of Commerce and Industry has said the Nigerian National Petroleum Corporation cannot continue to be the sole importer of the product into the country. Private oil marketers had since last year stopped fuel importation due to shortage […]
Read More Despite claims by the Nigerian National Petroleum Corporation (NNPC), that it has increased fuel allocation to Abuja from the initial 70 trucks to 170, and Lagos 300 trucks, vehiculars queues still dotted filling stations across the two cities. The increase for Abuja, which represents about 142.8 per cent has, however, failed to impact the motoring […]
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