Against the latest round of fuel scarcity rocking many parts of the country, private oil marketers are calling for government intervention to enable them to access foreign exchange at a special rate for the importation of Premium Motor Spirit (petrol).
Continue reading »
The Independent Petroleum Marketers Association of Nigeria says long queues at petrol stations in Lagos and Ogun states will soon disappear as the Nigerian National Petroleum Corporation has flooded the Ejigbo depot with Premium Motor Spirit.
Continue reading »
The Department of Petroleum Resources (DPR) said it had sealed 16 filling stations for selling petrol above N145 per litre pump price.
Continue reading »
Nigeria Union of Petroleum and Natural Gas Workers has expressed worry that the gridlock being experienced by petroleum tankers and articulated vehicles on Apapa-Wharf Road may result to fuel scarcity.
Continue reading »
The petrol scarcity rocking Ekiti State has reached a crisis state as black marketers have hijacked the process and now engage in open hawking of the product.
Continue reading »
Nigerians should prepare for another increase in the pump prices of petrol, due to the continued scarcity of foreign exchange to finance the importation of the product, oil marketers have said. According to them, the United States dollar hit an all-time high last week, as it exchanged for N400 at the parallel market. Worried by the development, the marketers say […]
Continue reading »The country’s long running intermittent fuel scarcities are artificial, and the handiwork of unscrupulous oil marketers and depot owners. This statement was made by the Department of Petroleum Resources (DPR).
Continue reading »