Tag:fuel

Monthly fuel consumption drops by 18.5million litres after deregulation

The volume of Premium Motor Spirit, popularly called petrol, that was consumed across the country in the first half of 2023 is 11.26 billion...

Fuel station owners gnash teeth as sales drop

Fuel station owners and pump attendants in Kano are lamenting low patronage as patrons have reduced volume of purchases following pump price increases. Pump price...

Nigeria’s petrol suppliers are shutting down- NNPC raises alarm

The Nigerian National Petroleum Company (NNPC) Limited has raised an alarm over the decision of most of the refineries supplying Premium Motor Spirit (PMS),...

Fuel crisis: Don’t sell above N165/litre, IPMAN warns members

The Independent Petroleum Marketers Association of Nigeria on Wednesday warned members of the association not to dispense Premium Motor Spirit, popularly called petrol, above...

Fuel Scarcity hits Lagos, Abuja, sells N180/litre as NNPC cuts supplies

Fuel queues hit major cities of Lagos, Abuja and Ogun on Monday, forcing motorists to spend hours at filling stations. In Lagos and Ogun states,...

Prepare for worst fuel scarcity, petrol marketers send strong message to Nigerians

The Independent Petroleum Marketers Association of Nigeria has advised Nigerians to brace themselves for the biggest gasoline crisis in history. To avert this, the Petrol...

Death toll in Imo explosion rise to 110 — NEMA

The National Emergency Management Agency (NEMA) has disclosed that the death toll in Sunday’s illegal refinery explosion in Abaeze community Ohaji/Egbema Local Government of...

How massive oil theft is threatening external reserves, revenue – MPC

The Monetary Policy Committee of the Central Bank of Nigeria on Monday decried the negative impact of the increasing oil thefts on the economy. Specifically,...

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Energy experts back Dangote, slam marketers over blackmail attempt on fuel price hike

Energy experts in Nigeria’s downstream petroleum sector have defended the pricing structure of the Dangote Petroleum Refinery, accusing some...
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Oye: Nigeria’s Trade Single Window Could Attract $3bn Logistics Investment, Save $18m Annually  

Nigeria could unlock up to $3 billion in logistics investment and generate about $18 million in annual efficiency savings...

What Happened at Aso Rock as Tinubu’s IGP Kayode Egbetokun Resigns

The Presidency has confirmed the resignation of Kayode Egbetokun as Inspector General of Police, citing what officials described as...

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Energy experts back Dangote, slam marketers over blackmail attempt on fuel price hike

Energy experts in Nigeria’s downstream petroleum sector have defended...