Diesel scarcity looms as marketers hike pump price

Nigeria Consumer News

There are indications that there may be scarcity of diesel in some part of the country despite the assurances by the Nigerian National Petroleum Corporation (NNPC) that it has enough of the product as the yuletide approaches. According to findings by National Daily, in the last two weeks, there had been serial scarcity of Diesel […]

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 […]

Govt to replace kerosene with gas, says NNPC boss

The Federal Government is planning to make liquefied petroleum gas (LPG) the primary domestic fuel for cooking. The aim is to de-emphasise the use of firewood and kerosene and reduce the health risks of the two traditional sources of cooking. The government is relying on the Nigerian National Petroleum Corporation (NNPC) and the Nigeria Liquefied […]

Refineries now produce 60% Kerosene – NNPC

Ahead of the 2019 target date for the cessation of petroleum products importation by the Federal Government, the Nigerian National Petroleum Corporation (NNPC) has announced that its three refineries in Port Harcourt, Warri and Kaduna now supply 60 per cent of kerosene consumed in the country. Group Managing Director of the NNPC, Dr. Maikanti Baru, […]

July deadline for low-sulphur fuel remains unchanged – NNPC

The Nigerian National Petroleum Corporation (NNPC) is working to meet next month’s deadline  for switching from  fuel with higher concentration of sulphur to fuel with lower sulphur content. Its Group General Manager, Public Affairs Division, Ndu Ughamadu,  said by changing to lower-sulphur fuel, Nigeria wants to start using fuel that creates less toxic fumes as […]

Refineries produce 22% of fuel consumption, says Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu has said the nation’s refineries produce only 22 per cent of the daily national premium motor spirit (PMS) requirements. The Minister who spoke yesterday in Abuja noted that the poor production from the refineries accounted for the huge cost of importation of petrol in 2016 […]

NNPC monthly fuel import now 1.3bn litres

The Nigerian National Petroleum Corporation (NNPC) has stepped up importation of refined petroleum products to address unforeseen short fall in supply following the stoppage of fuel importation by private oil marketers. The latest product supply data released by the corporation showed that the volume of fuel imported in February 2017 increased to 1.3 billion litres, […]

NNPC Pledges Improved Gas Supply to Gencos by November

The Nigerian National Petroleum Corporation (NNPC) has said there will be an improvement in gas supply to electricity generation companies (Gencos) in the country by the middle of November when repairs on some key gas facilities would have been completed. The communiqué stated that already, an average of 3,166 megawatts (MW) of electricity cannot be […]

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 […]

Marketers threaten to name fuel saboteurs

The Association of Mega Filling Station Owners of Nigeria (AMFSON) has threatened to give the names of government officials sabotaging fuel supply to the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu. They are, however, afraid that if they do so, heads will roll in the industry. Addressing a press conference yesterday over the […]

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