Abia State and its environs may soon experience another fuel scarcity as queues have resurfaced in some filling stations while others do not have products to sell. Some of the petrol stations owned by major marketers in state have not had fuel to sell, a situation which has been attributed
Yakubu Dogara, the speaker of the House of Representatives, has said the National Assembly must amend the Price Control Act or repeal it entirely if the Federal Government removes the subsidy on petroleum products. Yakubu Dogara, Speaker, House of Representatives
Dealers of petrol in some states of the federation have declared that it is impossible to sell petrol at the government regulated price of N87 per litre. The association of petrol dealers in Ondo and Ekiti state said the unavailability of petrol at the depots of the Nigerian National Petroleum
The President of Nigeria, Muhammadu Buhari has been urged by his transition committee to end any intending fuel subsidy program and privatize Nigeria’s four refineries. Speaking to Reuters, a senior source in the APC, who pleaded anonymity on Sunday, said “The removal of the fuel subsidy is one of the
President Muhammadu Buhari of Nigeria President Muhammadu Buhari of Nigeria has been advised to end a fuel subsidy programme and privatise Nigeria’s four refineries in a report by his transition committee, senior sources in his party told Reuters on Sunday.
The recent fuel crisis got the better of most of us. Paying over 200 percent more on transportation is not a nightmare that I ever want to have. Some people were lucky to have fuel that they could use for a little while; but as soon as they ran out,
The Chairman, Senate Committee on Environment and Ecology, Senator Bukola Saraki, has urged the incoming administration to completely remove the fuel subsidy and restore normalcy to the petroleum sector, adding that the country was losing a total of $2 billion to fake fuel subsidy operators. The former governor of Kwara
With barely less than four days to the inauguration of a new government, the president-elect, Muhammadu Buhari, has opened up to Daily Trust on issues bothering the oil sector. Here is an excerpt of the interview below:
As the scarcity of petrol lingers across Nigeria, a factional Deputy President of the Nigerian Labour Congress (NLC), Mr Issa Aremu, says workers may be forced to stay at home ‘if government fails to address the problem as soon as possible’. In a statement he issued on Sunday in Kaduna,
President-elect Muhammadu Buhari is speaking out about the current fuel issues Nigeria is facing. Here are excerpts from a recent interview he had with Daily Trust: One burning issue is fuel subsidy. I believe you are aware of the queues in major cities like Lagos and Abuja.
Nigeria’s crippling fuel shortages are unlikely to ease any time soon and much-needed deregulation of the subsidised market would be a fraught process, the chief executive of energy company Sahara Group said on Wednesday. Prospects for a removal of subsidies, and a change in government at the end of May,