By Matthew Denis Again, The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed that fuel price will continue to rise in Nigeria. In an interview with journalists, the National President of IPMAN, Chinedu Okoronkwo, said the price of Premium…
Some local farmers in Bwari Area Council of the FCT have expressed concerns over rise in cost of farm inputs, following increase on the price of fuel nationwide. The farmers said this in an interview on Tuesday in Abuja, feared…
Bankole Taiwo, Abeokuta Residents of Abeokuta, the Ogun State capital on Tuesday woke up to fuel scarcity and long queues in filling stations across the metropolis. Checks by our Correspondent in Ogun State revealed that some filling stations in Abeokuta,…
The Commissioning of the largest refinery of 650,000 barrels per day ( BPD) in the country by President Buhari led Federal government is expected to become a respite to incessant fuel scarcity in the country. This is considering the fact…
Vietnam is planning to increase the national reserves of crude oil and oil products to 15 days of net imports by 2025 and 30 days by 2030. It said it was from the current nine days, to ensure its energy…
Nigeria is going to save about N10trillion annually by the elimination of subsidies on Premium Motor Spirit, popularly called petrol, and foreign exchange, a report released on Sunday by Centre for the Promotion of Private Enterprise (CPPE) stated. It explained…
By Olumide David Long fuel queue are still happening and experienced in Nigeria major cities as stations with products are now facing a new challenge- scarcity of the naira. Following the Central Bank of Nigeria directive that old higher denominations of…
Mainland Oil and Gas Company Limited, said it has accelerated petrol retail services at its over 54 stations across the country. The company has also slashed the prices of the product at its retail outlets, even at a time most…
Following the scarcity of fuel and naira notes that have disrupted the socio-economic activities of Nigeria, residents of Ondo State in Ore Local Government Area on Tuesday protested over the development. The resident who appeared visibly frustrated over the lingering…
Despite adjusting their pump prices far above the new government’s price regime of N194 per litre, filling stations in Kaduna State are not dispensing petroleum products due to scarcity of supply, thereby creating hardship for motorists. The situation is forcing…
