FG initiates 15-day emergency fuel distribution to combat nationwide scarcity. Premium Motor Spirit vessels to continue unloading at depots for widespread availability. Despite May Day holiday, persistent queues at petrol stations observed, with some selling fuel at inflated prices. EKO HOT BLOG reports that the Federal Government has launched a 15-day emergency fuel distribution plan to … Read more
Eko Hot Blog reports that Petrol marketers have raised concerns about the process followed by President Bola Tinubu in the removal of subsidies on petrol, asserting that essential measures that should have preceded the removal were overlooked. They argued that the nation’s refineries should have been fully operational, and issues related to foreign exchange should … Read more
There has been a scarcity of naira notes since the CBN announced plans to phase out the old naira notes. Despite the apex bank extending the deadline to phase out the old notes, queues as the ATMs have persisted. The CBN has pledged that the queues will “disappear soon.” Eko Hot Blog reports that the … Read more