Oil & Gas
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Petrol scarcity worsens in Abuja, Lagos, despite assurances by FG
Despite assurances of supply and continuous provision of service, scarcity of Premium Motor Spirit (PMS) has failed to abate in…
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Energy Crisis: No end in sight to fuel scarcity anytime soon, warns NUPENG
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), has warned that fuel scarcity would not end in Nigeria…
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Immediate restoration of Nigeria’s refineries not feasible – NNPC GMD
Nigerians should in the mean time forget about a quick restoration of the county’s moribund refineries. Mallam Mele Kyari, Group…
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FG spends N1.243tn monthly as fuel subsidy, hits N600 per litre – Operators
The amount spent as subsidy by the Federal Government on every litre of Premium Motor Spirit, popularly called petrol, consumed…
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Fuel Scarcity: We’ll no longer guarantee regular supply of petroleum products – IPMAN
Some members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) in the South-East say they will no longer guarantee…
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Fuel Scarcity: FG insists on N165 petrol pump price, advises against panic buying
The Federal Government says the fixed pump price of Premium Motor Spirit (PMS) remains N165 per litre as stipulated in…
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Why Nigeria has not removed fuel subsidy – Buhari
President Muhamamdu Buhari has defended the federal government’s decision to keep paying fuel subsidies. In a response to Bloomberg, the…
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Fuel Scarcity: Queues return as petrol scarcity worsens
The plight of motorists and commuters in many cities across the country worsened yesterday. The product was sold at between…
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Amid scarcity of fuel, petrol marketers hike pump price
Nigerians are now paying more for petrol despite the official price still fixed at N162.50 and N165 per litre. Independent…
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Energy Crisis: Fuel scarcity hits Lagos, Abuja, Oyo
There were indications, weekend, that the fuel shortage noticed in Lagos and its environs would worsen, as independent marketers said…
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