NNPC

Dec

2022

Govt agencies, marketers agree to end petrol scarcity in 48 hours

Business, Economy, MetroBusiness, Economy, Fuel Scarcity, Metro, Nigeria, NNPC

Federal Government agencies and petroleum marketers have undertaken to end the crippling shortage of petrol across the country that has seen pump prices hit N285 per litre. Speaking after a meeting at the Nigerian National Petroleum Company Limited, Nigerian Midstream, and Downstream Petroleum Regulatory Authority, NMDPRA, in Abuja on Thursday, the operators said the depots would work for 24 hours daily until the queues are cleared. The meeting had in attendance officials of the Department of State Services, the Major Oil Marketers Association of Nigeria, Depot and Petroleum Products Marketers Association of Nigeria, Independent Petroleum Marketers of Nigeria, National Union…

Jul

2022

By Amos Oge Kalu

Fuel shortage paralyzes travel in Lagos

Economy, Metro, PoliticsEconomy, Metro, Next Level, Nigeria, NNPC

Many Lagos residents were stranded on Friday at various collection points as fuel shortages continue to hit harder. The Nigerian News Agency (NAN) reports that fuel shortages dragged on for a week, leaving commuters scrambling to board few available vehicles for travel, negatively impacting economic and social life. The situation is direr as the activities for the 2022 Eid-el-Kabir celebration are in full swing. For example, the long stretch from Iyana Oworo to the Lagos/Ibadan expressway and inland roads were partially blocked as few service stations were refueling the long queue of motorists. There is also the problem of an…