Protest is currently going on at Ibadan-Akure-Owo rand as residents blocked the expressway to express their dissatisfaction over the scarcity of fuel and naira notes on Wednesday.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied reports that marketers will cease operations once the government implements the N195 per litre pump price. IPMAN’s National Operations Controller, Mr Mike Osatuyi, clarified this in a statement released on Tuesday, in Lagos. Osatuyi said the rumour that marketers planned to close their doors should be ignored. Earlier, IPMAN Publicity Read More
Massive protest has erupted at GTBank situated at Asero area of Abeokuta, the Ogun state capital over naira scarcity disrupting human and vehicular activities. Already, the protesters blocked the inward and outward road access as well as the expressway. The protesters who had placards bearing different inscriptions have vowed to continue their agitation indefinitely. Also, the First Bank building situated Read More
Protest is currently going on at Ore, Odigbo Local Government Area of Ondo state, as residents blocked the expressway to express their dissatisfaction over the scarcity of fuel and naira notes. In a viral video posted on Twitter by a user, Austim Agim, on Tuesday, he wrote, “ Poor masses venting their anger on their fellow poor masses at Ore. Read More
After several weeks of new Naira notes scarcity, the presidential candidate of the Labour Party, Mr Peter Obi, has reacted. The former Anambra state governor appealed to banks to sort out ways to reduce the accompanied hardship on Nigerians as a result of the scarcity. In a statement issued on Sunday, Obi applauded the currency redesign, saying that the exercise Read More
Osun state governor, Ademola Adeleke, has ordered the composition of a special monitoring team headed by his Chief of Staff to look into the distribution and pricing challenges of fuel. A statement by the spokesperson to the governor, Olawale Rasheed, said the Chief of Staff, Kazeem Akinleye would lead the committee to be drawn from police, DSS, Army, IPMAN, NUPENG, Read More
Members of the All Progressive Congress, under the aegis of APC Leaders Group, has commended the group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, for taking prompt action to ensure adequate supply of petrol across the country. In a statement signed by its Director General, Ugochukwu Paul, the group commend Kyari’s effort to Read More
The Minister of Information and Culture Mr Lai Mohammed Wednesday dismissed remarks by Governor Nasir Ahmed El-Rufai of Kaduna state some people in Aso Rock Villa are working against the presidential candidate of the All Progressives Congress (APC) Bola Tinubu ahead of the February 25, 2023 elections. The minister said this while fielding questions from State House correspondents at the Read More
As scarcity of new naira notes continue across Nigeria, former minister of Abiation, Femi Fani-Kayode, has alleged that the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is planning to provoke uprising in the country. The chieftain of the All Progressive Congress (APC) accused the governor to be weaponising the apex bank and that he wants to derail the Read More
Despite the fuel scarcity in the country, the recent commissioning of the Lekki Deep Sea Port, Lagos Rice Mill at Imota, the 18.75km Eleko-Epe rigid pavement six-lane expressway, the first phase of the Blue Light Rail from Mile 2 to Marina, and the John Randle Centre for Yoruba Culture and History has remained a key factor in driving development in Lagos State. With infrastructure Read More
Protesters on Monday blocked the streets in Benin City, Edo State, on Monday to protest the hike in fuel price and the scarcity of the product. This is coming days after some protesters had blocked the Lagos-Benin Expressway at Oluku Junction to express their grievance about the rise in fuel prices.
The Federal Government has debunked rumoured plans to increase the price of Premium Motor Spirit (PMS), despite the hike in the cost and scarcity of the commodity across the country. The Minister of State for Petroleum Resources, Timipre Sylva, in a statement issued by his spokesman, Horatius Egua, in Abuja on Friday, said President, Muhammadu Buhari had not approved the Read More
Nigerian actor and skit maker, Adebowale Debo Adedayo, professionally known as Mr Macaroni, has lamented the continuous fuel scarcity in Nigeria. In a tweet on Thursday, said Nigerians do not deserve the hardship and suffering they are being subjected to due to the current fuel scarcity in some parts of the country. “Nigerians definitely do not deserve this hardship and Read More
A citizens-led anti-sabotage group on the aegis of The Natives has cautioned Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and other stakeholders in the oil sector to stop threatening the Nigerian National Petroleum Company (NNPC) Limited in its efforts in the supply chain of petroleum products, thereby causing hardship for Nigerians. The group also asked all the stakeholders Read More
The Petroleum Tanker Drivers Branch of National Union of Petroleum and Natural Gas Workers, (PTD-NUPENG) has threathened another strike over what they described as illegal activities and high-handedness of security agents, particulalrly the Military Task Force operating in the Port Harcourt zone of the Union. This may, however, lead to a full-fledged fuel scarcity across the country. National Chairman of the PTD- Read More
A yet to be identified man, has reportedly slumped and died while queuing to buy fuel at a petrol station. The incident happened at Oluyole Estate, in the Oluyole Local Government Area of Oyo State on Thursday night. He reportedly passed away while resting his head on his steering. The incident had since been reported to state police command.
A Civil Society Organisations (CSO) on the aiges of the Natives, has commended the Department of State Services (DSS) over the recent intervention to end artificial scarcity of fuel by the marketers across the country. The group said the DSS intervention has been productive and drastically reduced the hardship motorists were going through as a result of long queues in Read More
In a bid to forestall break down of law and order following protracted fuel scarcity in the country, the Director General, Department of Security Services (DGSS), Yusuf Bichi, has given the Nigeria National Petroleum Company LTD, major oil marketers and other stakeholders in the petroleum midstream and downstream chain 48 hours ultimatum to ensure free flow of supply of products Read More
In a bid to forestall break down of law and order following protracted fuel scarcity into the country the Director General, Department of Security Service (DGSS), Yusuf Bichi, has given the Nigeria Nationa Petroleum Company LTD and other statekholders in the Petroleum mid stream and down stream 48 hours ultimatum to ensure free flow of supply of products to all Read More
The Nigeria Labour Congress (NLC), has vowed to mobilise Nigerian workers to resist any attempt by the government to increase the pump price of fuel in the guise of petrol subsidy removal. The president of the union, Ayuba Wabba, who made this resolve Monday at the opening ceremony of the 18th edition of NLC Harmattan School, in Ilorin, Kwara state, Read More
The organised labour in Nigeria has called on the federal government to urgently end the current fuel shortage as well as hike witnessing across the country. A press statement jointly signed by Comrade Ayuba Wabba and Festus Osifo as NLC President and TUC President respectively, said government must fix the challenges rather than giving excuses. The movement lamented that despite Read More
Nigerians are writhing in pains of a senseless and avoidable petrol scarcity. Everyone complains about the condemnable scarcity of a product that Nigeria should be exporting to boost its dwindling foreign reserves. Motorists spend hours at petrol retail outlets to fill their tanks. Curiously, there appears to be a grand conspiracy between petrol and electricity suppliers. Nigeria’s most grueling petrol Read More
The Nigerian Navy has accused the Nigerian National Petroleum Corporation (NNPC) Limited of spinning out inflated numbers in order to save face rather than disclosing the real reasons for crude oil theft in the nation. The Nigerian Navy’s chief of Training and Operations, stated this when he appeared before the Senate Committee on Economic and Financial Crimes at a National Assembly interactive Read More
Ahead of this year’s Christmas celebration, there is the possibility that transport fares would be hiked owing to the soaring price of petrol; TOPE SUNDAY writes. In September this year, floods ravaged Lokoja, the capital of Kogi state, and the development was attributed to the fuel scarcity that was experienced then. But almost two months after the incident, there are Read More
Fuel scarcity hit the nation’s capital in September and has continued to take its tools on residents two months after. Not a few residents have questioned why filling stations hardly stock fuel but the street hawkers continue to make brisk sells even at odd hours. In this report, TOPE SUNDAY examines why the black market thrives. The floods that ravaged Read More
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