NNPC says fuel queues will disappear by weekend

fuel scarcity

The Nigerian National Petroleum Corporation (NNPC), on Thursday, in Abuja says fuel queues will `normalise’ by Friday and disappear by the weekend. Mr Ndu Ughamadu, the NNPC spokesman, told the News Agency of Nigeria (NAN) in Abuja that there was an increase in the number of incoming trucks of petrol into the FCT to curb […]

Nigerians won’t experience fuel scarcity during Christmas – NNPC

The Nigerian National Petroleum Corporation (NNPC) has assured that Nigerians will not experience scarcity of Premium Motor Spirit (PMS), also known as petrol, during the yuletide season

ibe kachikwu

The Nigerian National Petroleum Corporation (NNPC) has assured that Nigerians will not experience scarcity of Premium Motor Spirit (PMS), also known as petrol, during the yuletide season because it had stored over two billion litres to ensure a hitch-free movement. It said the end-of-year period had been hitherto characterised by scarcity of fuel due to […]

2.2 million vehicles hit Lagos for fuel – Marketers

No fewer than 2.2million vehicles came to Lagos in search of fuel, The Nation has learnt. According to the Executive Secretary, Major Oil Marketers Association of Nigeria (MOMAN), Obafemi Olawore, the figure would have been higher had the Federal Government not made efforts to halt the trend. He said the figure represents the number of […]

Port Harcourt Refinery Resumes Operation

Port Harcourt Refining Company Limited has resumed operation and discharged 28 million litres of petrol to the market to clear the present scarcity of the product in the country, DailyTrust reports. The Group General Manager, Group Public Affairs Division of the NNPC, Mal. Garba Deen Muhammad, said the NNPC, Major Marketers Association of Nigeria (MOMAN) […]

Oil Marketers Give Condition for Exposing the Culprits Behind Fuel Scarcity

Oil marketers have stated that they are ready to reveal the persons behind the perennial fuel scarcity in the country – if only they mention it directly to the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, and he promises to guarantee their safety afterwards. The National Secretary of AMFSON, Mr. Kenneth Nwachukwu, who […]

Fuel Scarcity: Port Harcourt Refinery Resumes Operations

The Nigerian National Petroleum Corporation, NNPC, has stated that it has reopened the Port Harcourt refinery, about six weeks after it was shut down. Group Executive Director, Commercial and Investment, Mr. Victor Adeniran said Warri and Kaduna refineries could not resume production at the moment because the pipeline network supplying crude oil to the two […]

Finally! Nigeria Scraps Fuel Subsidy

Group Managing Director of the NNPC, Emmanuel Ibe Kachikwu has announced that the Nigerian Government has scrapped the Petroleum Support Fund, (fuel subsidy). According to Premium Times, Mr. Kachikwu, who is also Minister for Petroleum resources, said FG could no longer afford the payment due to the dip in its revenue, caused by the drop […]

Fuel scarcity will end once NASS approves N413bn subsidy – NNPC

The Nigerian National Petroleum Corporation (NNPC) on Wednesday said it is optimistic there will no longer be queues within a week, once the National Assembly approves the N413 billion subsidy payments to oil marketers. Spokesman for the Corporation Mr. Ohi Alegbe made the disclosure in an interview with Raypower Radio. Fuel queues at filling stations […]

Fuel queues remain as NNPC pumps 21m litres of PMS

Fuel queues have ceased to fade despite an additional 21 million litres of Premium Motor Spirit (PMS) or petrol supplied by the Nigerian National Petroleum Corporation to filling stations across the federation at the weekend. Oil marketers and the federal government had last Wednesday pledged to restore sanity to the fuel supply and distribution condition […]

Fuel scarcity: DPR to slam N2m fine on erring marketers

The Director of Department of Petroleum Resources (DPR), Mr Mordecai Ladan has warned depots  and filling stations owners against products diversion, hoarding, pump manipulation and selling above government approved prices. Mr Ladan gave the warning in Abuja against the backdrop of the resurgence of fuel scarcity in some parts of the country. States including Kano, […]

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