NUPENG Vows To Continue Strike After Talks With Dangote Collapse. Union insists only recognised oil unions can represent tanker drivers. Fuel depots remain shut nationwide, raising fears of looming scarcity. The National Union of Petroleum and Natural Gas Workers (NUPENG) has vowed to continue its nationwide strike after talks with Dangote Refinery management collapsed. A … Read more
One million Fine For Defaulters Fuel Marketers and NUPENG Declare Strike Indefinite Strike by Petroleum Unions Motorists in Delta State may soon face a fresh fuel shortage as members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have announced an indefinite strike. The … Read more
Nollywood actor Yul Edochie has come under fire for his recent comments stating that most states in Nigeria now enjoy 22 hours of power supply daily, attributing this improvement to President Bola Tinubu. EKO HOT BLOG reports that Edochie made the statement on Saturday, also praising Tinubu for contributing to reduced insecurity across the country. … Read more
The Dangote Petroleum Refinery and the Petroleum Products Retail Outlets Owners Association (PETROAN) are in ongoing discussions to finalise the details for lifting petroleum products from the refinery. EKO HOT BLOG reports that on Monday, Dr. Billy Gillis-Harry, the National President of PETROAN, led the association in negotiations with Dangote Refinery in Lagos. The talks … Read more
The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its commitment to re-stream the Port Harcourt Refining Company (PHRC), marking the start of crude oil processing and the distribution of petroleum products to the market. This milestone was announced in a statement on Tuesday by the Chief Corporate Communications Officer of NNPC Ltd., Olufemi Soneye. … Read more
The Trade Union Congress (TUC) has called on the Federal Government to reduce petrol prices, urging them to lower costs even below June 2023 levels. TUC President Festus Osifo made this appeal during a press briefing in Abuja on Thursday. “We demand that the price be brought down, not just to what it was before, … Read more
The prices of Premium Motor Spirit (petrol) ranged between N897 and N980 per litre at major filling stations in the Federal Capital Territory, Abuja, as of Monday morning. An EKO HOT BLOG correspondent visited several major filling stations, including those operated by Independent Petroleum Marketers and NNPCL, revealing that pump prices per litre ranged from … Read more
Oil marketers have yet to begin loading Premium Motor Spirit (PMS), commonly known as petrol, despite the Federal Government’s assurance of availability this weekend. Investigations revealed that while PMS vessels have arrived at the Nigerian National Petroleum Corporation (NNPC) depots in Apapa and Port Harcourt, independent marketers are yet to start loading. EDITOR’S PICKS I’ll Support … Read more
As Nigerians anticipate the release of Premium Motor Spirit (PMS) from the $20bn Dangote Petroleum Refinery, the Nigerian National Petroleum Company Limited (NNPCL) has announced it will begin lifting the product from the refinery on September 15, with prices influenced by foreign exchange rates and market forces due to the deregulated market. EDITOR’S PICKS Police … Read more
Vice President Kashim Shettima on Thursday held a meeting with the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, and the National Security Adviser (NSA), Nuhu Ribadu, to discuss the recent hike in petrol prices in Nigeria. The meeting, which took … Read more
The Nigerian National Petroleum Corporation Limited (NNPCL) has reportedly suspended the sale of Premium Motor Spirit (PMS), commonly known as petrol, to independent marketers following a price hike to N855 per litre at its retail outlets nationwide. This decision, made on Tuesday, has exacerbated fuel scarcity, leading to widespread protests and long queues at petrol … Read more
Nigerians are grappling with frustration as petrol prices soar to an unprecedented ₦855 per liter at NNPCL stations, particularly in Lagos, worsening the fuel scarcity and increasing the cost of living. The steep hike has drawn widespread criticism, with many, including Nollywood actress Kate Henshaw, voicing their concerns on social media. EDITOR’S PICKS Police Arrest … Read more
The Presidency has asserted that President Bola Tinubu’s administration did not mislead Nigerians about the removal of fuel subsidies. Special Adviser to the President on Information and Strategy, Bayo Onanuga, addressed concerns following a statement by the Nigerian National Petroleum Company Limited (NNPCL) regarding financial strains that have contributed to the current fuel scarcity. EDITOR’S … Read more
Good evening. Here is EKO HOT BLOG’s roundup of top stories in Nigeria today, September 1, 2024, featuring crucial election updates and political changes to developments in fuel pricing and public safety. Bwala Suggests Removal of Defence Ministers Over Military Disunity Former aide to ex-Vice President Atiku Abubakar, Daniel Bwala, has called for the dismissal of … Read more
In what has become one of the most severe fuel crises in recent memory, Nigerians across major cities are grappling with the dire consequences of a nationwide scarcity of Premium Motor Spirit (PMS), commonly known as petrol. The fuel shortage, which began as a ripple effect of President Bola Tinubu’s announcement to remove fuel subsidies … Read more
Good evening. Here is EKO HOT BLOG’s roundup of top stories in Nigeria today, August 19, 2024, featuring crucial election updates and political changes to developments in fuel pricing and public safety. Edo guber election: PVC collection dates announced The Independent National Electoral Commission (INEC) has set August 22 to September 8, 2024, for the … Read more
Nigerians may need to brace for continued fuel scarcity as oil marketers have linked the ongoing shortage of Premium Motor Spirit (PMS) to persistent logistical challenges. Speaking on Channels Television’s Morning Brief on Monday, Billy Gillis-Harry, President of the Petroleum Products Retail Outlets Owners Association (PETROAN), highlighted the supply constraints marketers are currently facing, which … Read more
NNPCL attributes recent fuel scarcity in Abuja and Lagos to discharge hitches of vessels and reassures Nigerians that efforts are underway to restore normalcy. EKO HOT BLOG reports that the Nigeria National Petroleum Company Limited (NNPCL) has explained the reasons behind the recent fuel scarcity in Abuja and Lagos State. NNPCL clarified that the tight supply … Read more
The Nigerian National Petroleum Company Limited (NNPCL) has directed petrol stations to stay open longer to improve the supply and distribution of Premium Motor Spirit (PMS), commonly known as petrol. Eko Hot Blog reports that the company called on fuel stations to aid availability of the product in view of the current tight situation. Editor’s … Read more
Fuel scarcity is making a troubling return in Lagos and various parts of Nigeria, caused by a significant hike in the ex-depot price of petrol. Eko Hot Blog gathered that private depot owners have raised price of the product from N630 to N720 per litre. According to PUNCH, the situation has worsened in Abuja and … Read more