Following the controversy generated by the declaration of the Minister of State for Petroleum, Dr. Ibe Kachikwu, that the current petrol shortages could last up to two months, the Nigerian National Petroleum Corporation (NNPC) has unveiled strategies to end the scarcity within the next few days...
The Senate on Monday summoned the Minister of State for Petroleum, Mr Ibe Kachikwu, to appear before its Committee on Petroleum Downstream on Tuesday, over lingering fuel scarcity in the country.
The Chairman, Senate Committee on Petroleum Downstream, Sen. Jibrin Barau, told newsmen shortly...
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Nigerians on social media space have joined the former governor of Lagos State and national leader of the All Progressives Congress, APC, Asiwaju Bola Tinubu yesterday, blasted Ibe Kachikwu, Minister of State, Petroleum, for telling Nigerians that he “was not trained as a magician”, a reference...
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The former governor of Lagos State and national leader of the All Progressives Congress, APC, Asiwaju Bola Tinubu yesterday, blasted Ibe Kachikwu, Minister of State, Petroleum, for telling Nigerians that he “was not trained as a magician”, a reference to the lingering fuel scarcity that appears...
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Following the scarcity of petrol on Monday across the country, illegal hawkers of the commodity on the black markets resurfaced in parts of Lagos, Abuja and other cities, selling the product for between N200 and N300 per litre to desperate motorists and other users.
According to Guardian, the...
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The Nigerian government is set to eliminate middle men in crude oil swap agreements.
Starting from March the agreement will be replaced with a system under which it will directly sell crude oil to refiners and purchase refined oil products from them, NNPC said on Tuesday.
"The...
Fuel scarcity resurfaced in Enugu metropolis on Wednesday as petroleum marketers closed down their filling stations, the News Agency of Nigeria (NAN), reports.
NAN reports that only the NNPC Mega Station on Enugu-Abakaliki Expressway was dispensing products to the a long queue of cars on its...
The Peoples Democratic Party, Lagos State chapter, has decried the fuel scarcity in the country, claiming that it was APC's Christmas gift to Nigerians.
Mr. Taofik Gani, the Publicity Secretary of Lagos PDP, said this in a recent interview the Punch
Mr. Gani recalled that President Muhammadu...
Minister of Information, Lai Mohammed, has declared that Nigerians were now paying for the sins of the past government.
He said the Jonathan government owed oil marketers huge debts in oil subsidy payments, such that they have stopped importing the product in the last couple of months, hence...
Nigeria's Finance Minister, Kemi Adeosun, has directed that $2.1bn be paid as subsidy to oil marketers in the country, Leadership says.
Adeosun approved the payment of N407 billion for “subsidy claims to oil marketers”, said Marshall Gundu, a spokesman for her ministry.
“The president has...
Nigerians have been grappling with fuel scarcity for some days now and are still not sure when it will come to an end. Scarcity of petrol has continued to bite harder.
In spite of this, Nigerians have taken to the social media to blast President Mohammadu Buhari and marketers over fuel crisis...
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