…the Minister refused to disclose the identities of the companies involved… EKO HOT BLOG reports that the Federal Government has announced that there will be a major investigation to unravel the cause of the unsafe quantity of methanol in fuel imported into the country. Minister of State for Petroleum, Timipre Sylva, disclosed this on Wednesday … Read more
NNPC has reacted as fuel scarcity hit Abuja. EKO HOT BLOG reports that the Nigerian National Petroleum Corporation (NNPC) has reacted to the ongoing scarcity of fuel in Abuja. Residents of Abuja are currently struggling to purchase fuel at different filling stations in the nation’s capital. Read Also: Court Stops ICPC From Freezing Bank Account Without … Read more
Six Nigerians have reportedly been arrested for hoarding premium motor spirit, otherwise known as fuel in Jerry cans and selling at outrageous prices in the United Kingdom. Their arrests follows the scarcity of petroleum products across the United Kingdom about UK police spokesman, Greg Smith gave names of the arrested Nigerians to include Kenneth Obiora … Read more
The Petroleum Tanker Drivers (PTD) branch of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has resolved to begin strike on October 8 if the Federal Government fails to meet their three demands. The National Chairman of the Union, Otunba Salman Oladiti made this disclosure exclusively on Monday. Otunba Oladiti stated that the … Read more
Scores of Lagos residents on Wednesday evening scooped fuel from a fully-loaded that fell in the state. EKOHOTBLOG reports that a fully-loaded tanker carrying diesel overturned on Wednesday evening along Ijora 7-Up Road inward Alaka Bridge as residents of the area trooped out with kegs and jerrycans to scoop fuel. READ ALSO: Lagos Govt Announces Diversion Of … Read more
The group said “there is no national fuel scarcity. What we are suffering in Imo is artificial fuel crisis created by independent petroleum marketers in the state ostensibly to punish Imo State citizens,” A group known as Global Association of Concerned Imo Youths (GACIY), has advised the members of the Independent Petroleum Marketers in … Read more
He further noted that emergency responders at the incident scene include LASEMA, Lagos State Fire Service.” EKOHOTBLOG reports that there was pandemonium around the Igando-Ikotun axis of Lagos State in the early hours of Friday as a large volume of petrol gushed out of vandalised pipeline onto the street. The incident occurred at Omoboriowo Street, … Read more
The Federal Government has revealed when the price of fuel will be increased in the country. EKO HOT BLOG reports that fuel subsidy in Nigeria will end when President Muhammadu Buhari signs the Petroleum Industry Bill (PIB). The Minister of State for Petroleum Resources, Timipre Sylva, made the disclosure while speaking at the Nigeria/Organisation of … Read more
Fuel scarcity looms nationwide as IPMAN threatened to embark on strike action. The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to embark on strike action over alleged extortion by officials of the Department of Petroleum Resources (DPR), EKO HOT BLOG has gathered. The Chairman of the Suleja/Abuja Unit, Alhaji Yahaya Ahman Alhassan, made … Read more
The leadership of the Nigerian National Petroleum Commission (NNPC) has flayed speculations that the Premium Motor Spirit (PMS) better known as petrol will increase in the month of March. The announcement, contained in a press release signed by its Spokesman, Dr Kennie Obateru, puts to bed speculations of an imminent increase in the pump price … Read more
Indications have emerged of a looming fuel scarcity with Petroleum Tanker Drivers ordering immediate stoppage of distribution of petroleum products from Lagos to the Northern part of the country till further notice. The PTD in a statement on Wednesday by its national chairman, Otunba Salimon Oladiti, explained that the action became necessary following the shut … Read more
Several happenings and decisions in Nigeria have birthed diverse reactions of either appreciation from her people or annoyance. With leaders of different tenures, the country has experienced unexpected decisions such as an increase in tax, transportation, bank charges, amongst others. While Nigerians welcome some of these, they stand against others, stating that the government is … Read more
Federal Government of Nigeria said its no more going to be releasing guiding price bands for the sale of petrol at filling stations. It disclosed this in Abuja through the Petroleum Products Pricing Regulatory Agency, adding that based on this, the downstream arm of the oil and gas sector had been fully deregulated. Responding to … Read more
– IPMAN has ordered the sale of petrol at N150 per litre in Kano – The directive was issued by IPMAN Chairman of Kano State Chapter, Bashir Danmallam. The Independent Petroleum Marketers Association of Nigeria (IPMAN) in Kano State has directed its members to sell fuel at N150 per litre. The directive was contained in … Read more
The Minister of State for Petroleum Resources, Timipre Sylva, has debunked the claims that the Federal government once promised to reduce the price of Premium Motor Spirit (petrol) to a static low price. Sylva also said the government had concluded that it could no longer bear the burden of petrol subsidy. This was contained in … Read more
The operatives of the Inspector-General of Police Intelligence Response Team have arrested two persons, Victoria Ogunsomi and Shafe Abayomi, for allegedly siphoning fuel from a pipeline belonging to the Nigerian National Petroleum Corporation in the Ejigbo area of Lagos State. PUNCH Metro learnt that the suspects allegedly dug wells in their respective places of residence … Read more
Filling stations across Lagos State have started effecting the new N125 per litre pump price regime for Premium Motor Spirit (PMS) which was approved by President Muhammadu Buhari on March 18. A News Agency of Nigeria (NAN) correspondent who monitored the situation on Friday morning at Ikeja, Fadeyi, Abule Egba, Onipan, Surulere, Ebute Metta and … Read more
The Minister of State for petroleum resources, Timipre Sylva has disclosed the federal government is working on a cheaper fuel alternative for Nigerians. He said with the alternative, Nigerians may be able to get fuel at the cheap rate of N97 per litre as against the current N145 per litre. The Minister made the submission … Read more