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Tension Rises Among Motorists As Fuel Queues Worsen In Abuja, Others

Tension Rises Among Motorists As Fuel Queues Worsen In Abuja, Others Petrol queues became lengthier on Wednesday in Abuja and neighbouring states of Kaduna, Nasarawa and Niger, as hundreds of motorists wondered if the situation would ever improve. Many filling stations did not sell the Premium...

Petrol Now Sells For N158 per Litre At Depots

Petrol Now Sells For N158 per Litre At Depots Obviously worried that the petrol it imports and allocates to marketers does not get to retail outlets and motorists at official price, the Nigerian National Petroleum Corporation (NNPC) has stopped allocating product to marketers and resorted...

Petrol pump price may no longer be sustainable – Kachikwu

Minister of State for Petroleum, Dr Ibe Kachikwu, has denied news reports that the Federal Government was planning to jack up the pump price of petrol, at present fixed at N145 per litre. Idang Alibi, the Director of Press in the ministry in a statement...

Fuel Scarcity: NNPC Releases 300 Trucks Of Petrol Daily To Lagos, 170 to Abuja

Fuel Scarcity: NNPC Releases 300 Trucks Of Petrol Daily To Lagos, 170 to Abuja …Cautions Consumers against Panic Buying as PENGASSAN Calls off Strike The Nigerian National Petroleum Corporation (NNPC) has 21 days sufficiency of Premium Motor Spirit otherwise called petrol. The 21 day sufficiency of petrol...

Nigeria Spends N2.07trn On Fuel Import In 9 Months

Nigeria Spends N2.07trn On Fuel Import In 9 Months Nigeria spent N2.068 trillion on the importation of petroleum products within a nine-month period, from January to September 2017, rising by 14.32 per cent from N1.809 trillion recorded in the same period in 2016. According to data...

2 Million Tonnes Of Petrol Stuck On High Seas

At least 75 ships with two and a half million tonnes of fuel are awaiting importers on the high seas as Nigerians can’t find the dollars they need to pay for the cargoes, according to ship tracking data and fuel traders. A Reuters report said...