Fuel Scarcity

The queues for Premium Motor Spirit, popularly called petrol, which were gradually abating recently, suddenly re-emerged on Wednesday in many cities, including Lagos and Abuja. The development clearly shows that Nigerians face bleak…

Major Oil Marketers Association of Nigeria (MOMAN) has implored the federal government to consider complete deregulation of the downstream petroleum sector in phases. Its chairman, Oluwole Adeosun, made the call at a web training for…

The Nigeria Customs Service seized 33,390 litres of petrol on the Badagry waterways in Lagos State on Dec. 8. The assertion was made on Sunday in Badagry in a statement issued by its spokesman, Mr Hussain Abdulahi. He quoted Mr Bello…

The State Security Service (SSS) has said it would “activate its operations” across the country if the Nigerian National Petroleum Company (NNPC) Limited and oil marketers across the country do not make Premium Motor Spirit (PMS) otherwise…

Independent Petroleum Marketers Association of Nigeria (IPMAN) has accused the Nigerian National Petroleum Company Ltd. (NNPCL) of favouring major oil marketers, issuing a seven day ultimatum for the oil company to start selling to its…

Ogun State chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that no single Nigeria National Petroleum Corporation, NNPC, depot has fuel, blaming the current scarcity on the cooperation and Federal…

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said two persons were apprehended during its surveillance of petroleum products distribution in Delta, as part of its move to curtail lingering fuel scarcity.…

The Nigerian National Petroleum Company Limited says it has two billion litres of Premium Motor Spirit in stock. This is contained in a statement issued by Executive Vice President, Downstream, NNPC Limited, Mr Adeyemi Adetunji.…

The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has two billion litres of petrol in stock. This is contained in a statement issued by Adeyemi Adetunji, NNPC’s executive vice president (downstream). Mr Adetunji said…

The pump price of Premium Motor Spirit, popularly called petrol, could hit N400/litre at most filling stations before the end of this year, going by the continued scarcity of the product, oil marketers stated on Tuesday. This will…