Fuel scarcity
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The Independent Marketers Association of Nigeria, IPMAN, has urged the Nigerian National Petroleum Corporation, NNPC, to increase fuel allocation to its members to reduce queues in filling stations. IPMAN National Vice President, Alhaji Hammed Fasola, said in an interview with NAN in Ibadan on Friday that the fuel scarcity was due to low allocation. According…
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The Trade Union Congress of Nigeria (TUC) has joined the public outcry over the scarcity of new naira notes. The leaders urged the Federal Government to find lasting solutions to the paucity of cash and fuel nationwide. TUC President, Festus Osifo and the Secretary General, Nuhu Toro, in a statement, demanded that the situation be…
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The Nigerian National Petroleum Company Limited (NNPCL) has allocated petrol to marketers directly to ease scarcity. The Independent Petroleum Marketers Association of Nigeria (IPMAN) made the disclosure on Tuesday. The President, Chinedu Okoronkwo said the order was issued after a closed-door meeting of both parties. It was agreed that IPMAN members should load petrol at…
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Christians in Nigeria join their counterparts across the world today in the 2022 Christmas celebration. What is, however, clear is that this year’s celebration appears not to have come with so much fanfare. Unlike previous years, the economic crisis bedeviling the nation may have forced several Nigerians to celebrate on a very low key. Apart…
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Following the return of long fuel scarcity and long queues at filling stations across the Federal Capital Territory, FCT, fuel attendants have been accused of encouraging the sales of black market. MEZIESBLOG observed that black marketers have taken advantage of the fuel scarcity around the Federal capital city to make brisk business. Despite assurances by…
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•There will not be fuel price hike during Yuletide period, says govt •NMDPRA assures motorists current stock can last for 34 days •Govt can’t continue subsidy amid diversion – NNPC source For the first time in weeks since the scarcity of Premium Motor Spirit, popularly called petrol, began, the Federal Government opened up and declared…
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An oil and gas expert has disclosed that subsidy regime, opaque method of distribution, insecurity, oil theft and point of distribution challenges are the reasons for the lingering fuel shortage in Nigeria. Gbenga Adeoye, an oil and gas expert who doubles as a chartered accountant, said this in a ChannelsTV interview monitored by MEZIESBLOG on…
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