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fuel scarcity

Economy

Scarcity: Petroleum Marketers Calls For Total Downstream Deregulation

Seyi Peters | Staff Reporter -
The Depot and Petroleum Products Marketers Association (DAPPMA) have called on the federal government to quickly deregulate the downstream sector to save the country...
Economy

Marketers Hoard Fuel, Price Hits N150

Seyi Peters | Staff Reporter -
 The price of petrol has risen from N87 to about N150 per litre in different parts of the country. Investigations showed the rise in price is...
Economy

Fuel Scarcity: Oil Marketers’ Cartel Holding Nation To Ransom – Okonjo-Iweala

Seyi Peters | Staff Reporter -
The federal government has denied owning oil marketers N200 billion. According to Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo- Iweala,...
Economy

Arik Air Suspends operations Due To Fuel Scarcity

Seyi Peters | Staff Reporter -
Arik Air has announced that it would be suspending operations beginning Saturday, May 2, 2015 due to aviation fuel scarcity. “We couldn’t depart for Dubai...
Economy

Consumers Lament Fuel Scarcity In Lagos

Seyi Peters | Staff Reporter -
Following the refusal of oil marketers to import fuel into Nigeria, petrol station owners seem to be cashing in fully on the situation on...
Economy

Fuel Scarcity : President Jonathan Orders Payments To Oil Marketers

Seyi Peters | Staff Reporter -
The fuel scarcity across the country may soon end as President Goodluck Jonathan has ordered that oil marketers be paid their outstanding claims for...
Economy

Fuel Scarcity Hits The Nation While NNPC, Marketers, Trade Blame

Seyi Peters | Staff Reporter -
Queues of desperate motorists and individuals in need of petrol resurfaced in Lagos, Ogun, Oyo and Kwara states on Tuesday 28 April 2015. The...
News

Fuel Scarcity Worsens Nationwide

Joy Abobi | News Reporter -
As Nigeria’s states nationwide are experiencing serious fuel scarcity, new reports emerged on Monday, March 2, 2015 that a combination of policies from Nigeria’s...
Economy

Desperate Times: Women Join Men To Ride On Roof Of Train As Fuel Scarcity Lingers

Wires | The Trent -
NAN - The Nigerian Railway Corporation’s (NRC) Taskforce for arresting passengers who sit on the roof of train coaches were on Wednesday, March 5, 2014 stunned...
Business

NNPC Releases 33 Million Litres Of Petrol From Strategic Reserves To Ease Scarcity In Lagos

Ekemini Ekwere | News Reporter -
The Nigerian National Petroleum Corporation (NNPC) on Monday, March 3, 2014  said that it has released 33 million litres of Premium Motor Spirit (PMS)...
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