Fuel Scarcity

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The Nigeria National Petroleum Company Limited has said it evacuated 488.94 million liters of Premium Motor Spirit across the country last week. This is contained in a weekly update of fuel evacuation published by the company…

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The Director General of the People's Democratic Party (PDP) Gubernatorial Campaign Council in Kwara state, Professor Ali Ahmad, has appealed to aggrieved protesters across the country, particularly in Kwara state, to remain calm and…

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Anambra State Government has affirmed its commitment to address the current scarcity of Premium Motor Spirit (fuel), across the state to alleviate the sufferings of the people. The Commissioner for Petroleum and Mineral…

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The presidential candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu, has promised to put an end to the issue of fuel scarcity, if he emerges as the President in the polls. Tinubu made the pledge during the APC…

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Oil marketers in Nigeria have given conditions that should be met in order to retain the pump price of Premium Motor Spirit, (petrol) at N165 per litre. The General Manager, Corporate Communications Department of the Nigerian Midstream…

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The World Bank, in its June 2022 edition of Global Economic Prospects report said that fuel shortage and rising inflation will likely restrain economic growth in Nigeria. The financial institution had projected that Nigeria’s economy…

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has faulted the Pipelines and Product Marketing Company (PPMC) for the recent scarcity of Premium Motor Spirit (PMS) in the country. The Chairman of IPMAN, Lagos…

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The Nigerian National Petroleum Company Limited evacuated 1.523 billion litres of PMS between May 16 and June 5, 2022 in a bid to keep scarcity at Bay. However, queues formed by motorists daily in fuel stations across Abuja and environs,…

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Latest report by the National Bureau of Statistics (NBS) has revealed an uptick in Nigeria ’s inflation rate, rising from 15.6% to 15.7% in February, thus representing a 0.1% point increase compared to the rate recorded in January 2022.…

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The Nigerian National Petroleum Company (NNPC) Limited, has assured Nigerians that it has sufficient stock of petroleum products for distribution across the country. The Company said this in a statement, adding that it is working…