Motorists, commuters, traders react over new price of petrol

Return of fuel subsidy: FG instructs NNPC not to sell petrol beyond regulated price

Motorists, commuters, traders react over new price of petrol …C0NTINUE READING HERE >>> The Nigerian National Petroleum Company Ltd. (NNPCL) has increased the price of petrol from N585 to between N855 and N890 per litre. Correspondents, who monitored the situation in Lagos metropolis, observed that in the midst of ongoing fuel shortages and crises, marketers … Read more

Fuel scarcity: Issues behind looming petrol price hike

Investigation: Real reasons for protracted fuel scarcity and economic implications

Fuel scarcity: Issues behind looming petrol price hike …C0NTINUE READING HERE >>> On Sunday, 1st of September 2024, the Nigerian National Petroleum Company (NNPC) Limited prepared Nigerians for sleepless nights after releasing a terse statement conceding financial constraints, and as a result, cannot guarantee sustainable fuel supply across the country. Advertisement The statement released by … Read more

Finally, NNPC Admits Debts Owed to Oil Traders Responsible for Fuel Scarcity in Nigeria

Newsone Nigeria

Finally, NNPC Admits Debts Owed to Oil Traders Responsible for Fuel Scarcity in Nigeria …C0NTINUE READING HERE >>> Newsone Nigeria reports that the Nigerian National Petroleum Corporation (NNPC) has finally admitted that the debts owed to international oil traders are a major factor in the ongoing fuel scarcity in Nigeria. The NNPC in a statement … Read more

BREAKING: Fuel price hike looms as NNPC admits financial strain

NNPC Limited and echoes of 2007 - By Magnus onyibe

BREAKING: Fuel price hike looms as NNPC admits financial strain …C0NTINUE READING HERE >>> The Nigerian National Petroleum Company (NNPC) Limited has admitted to facing financial strain due to the cost of supplying Premium Motor Spirit (PMS), popularly known as fuel or petrol. TheNewsGuru.com (TNG) reports Olufemi Soneye, Chief Corporate Communications Officer of NNPC Limited … Read more

Fuel scarcity now becoming normal routine for Nigerians – APC chieftain

Fuel scarcity now becoming normal routine for Nigerians - APC chieftain

Fuel scarcity now becoming normal routine for Nigerians – APC chieftain …C0NTINUE READING HERE >>> Chieftain of the All Progressives Congress (APC). Olatunbosun Oyintiloye has expressed displeasure over the current fuel scarcity in the country. Oyintiloye said that the President’s intervention was needed due to the suffering been experienced by Nigerians on a nearly monthly … Read more

NMDPRA threatens to withdraw licenses of markers

NMDPRA threatens to withdraw licenses of markers

NMDPRA threatens to withdraw licenses of markers …C0NTINUE READING HERE >>> The Federal Government has threatened to withdraw licences of oil marketers found guilty of hoarding Premium Motor Spirit otherwise known as petrol, following the unabated scarcity in Abuja, Niger, Nasarawa, Kaduna, and many other states. Some states, especially those in the North have witnessed … Read more