Dangote Unveils Petrol Price, Pledges to End Fuel Scarcity Within 48 Hours   Aliko Dangote, owner of the Lagos-based Dangote Refinery, announced on Tuesday that petrol produced at his 650,000 barrels per day facility will hit the market within 48 hours, pending finalization of modalities with...

Queues Persist as Petrol Hits N1,100/Litre in Abuja, Others   The queues for Premium Motor Spirit, popularly called petrol, persisted in Abuja and neighbouring states on Monday, as it also spread to Lagos and other regions across the country, with marketers stating that the situation might...

Fuel Scarcity: NNPCL Warns Against Panic Buying There was a disagreement between oil marketers and the Nigerian National Petroleum Company Limited on Thursday over the supply of Premium Motor Spirit, popularly called petrol, as queues by motorists for the commodity in filling stations grew worse. Dealers...

Fuel Scarcity Looms as Forex Shortage Halts Importation   Oil marketers are increasingly worried they can’t import petrol due to the dollar shortage in the country. Despite the deregulation of the downstream sector, concerns have been raised about the potential comeback of the country’s persistent fuel...

NNPCL Set to Fix Vandalised Pipelines Amidst Fuel Scarcity The low supply of Premium Motor Spirit, popularly called petrol, being experienced in parts of Lagos and South-Western States may drag till the end of September, and might spread to other locations if not addressed in...

Fuel Depots Shutdown Amid Scarcity   Motorists, workers and traders were yesterday caught unaware by the sudden reappearance of fuel scarcity across the states and the Federal Capital Territory (FCT). While at some bus stops, hordes of commuters struggled to board commercial buses, many filling stations were...