fuel shortages

Fuel Shortages Linked To NNPCL’s $6 Billion Debt Crisis

Sep 1, 2024. by Praise Ben

Global fuel suppliers are increasingly unwilling to extend credit to the Nigeria National Petroleum Company Limited (NNPCL) due to its growing debt, which now exceeds $6 billion. Sources within the industry told Sunday Vanguard that NNPCL, responsible for importing petrol through supply agents, has faced difficulties settling its mounting debts, leading to widespread disruptions in … Read more

Fuel Scarcity Hits Abuja and Surrounding States Amid Protest Fears

Jul 27, 2024.Jul 27, 2024. by Praise Ben

Fuel shortages are reappearing in Abuja and neighboring states due to concerns over a planned nationwide protest, causing station closures and long queues. EKO HOT BLOG reports that fuel shortages are reemerging in Abuja and neighboring states such as Niger, Nasarawa, and Kogi, as filling stations close due to concerns over a planned nationwide protest. Oil … Read more