•Fuel queue Long queues are snaking back at petrol stations across Africa’s biggest economy, raising fresh concerns about shortages as the Nigerian National Petroleum Company Ltd (NNPCL) struggles with a staggering $6 billion petrol payment backlog. NNPC owes around $6 billion to international traders for imported petrol as traders said the st...
Namibia says it will decrease the price of petrol by 80 Namibian cents per liter (about 0.044 U.S. dollars). Similarly, diesel 50ppm will be leased by 60 Namibian cents per liter, and diesel 10ppm by 70 Namibian cents per liter, effective from tomorrow Wednesday, July 3. The Ministry of Mines and Energy (MME) announced this […]
•Fuel scarcity As fuel scarcity lingers across the country, many have engaged in panic buying and storing petrol in kegs and jerry cans in their homes and offices. Meanwhile, black marketers are selling more fuel than filling stations. Also, some Nigerians have thus expressed concern over the dangers posed by the careless handling of this [&he...
•Fuel Scarcity The Independent Petroleum Marketers Association of Nigeria, IPMAN, said yesterday that the petrol scarcity currently spreading to more states across the country will take at least two weeks to normalise. This is even as the Nigerian National Petroleum Company Limited, NPCL insisted yesterday that it has adequate stock of the pro...
Many filling stations were closed in Abuja as the scarcity of Premium Motor Spirit, popularly called petrol, caused heavy queues at the few outlets that were dispensing the product today. Many commuters have been left stranded at various bus stops due to the scarcity of PMS required by transporters to run their vehicles, reports Daily [&hellip...
•Fuel scarcity Fuel scarcity is biting hard on Kaduna residents as motorists are forced to buy the product for as high as N1, 100 per liter from black marketers. Our correspondent reports that many passengers going to work and their business premises were stranded following the scarcity of fuel across the state and very few […]
Long queues built up in filling stations across Lagos State today, creating fears of impending fuel scarcity. Our correspondent, who went around the city, gathered that the queues in some of the filling stations affected the free flow of traffic, reports The PUNCH. At the AP filling station in Alapere, commuters were held in traffic […]
•Illegal fuel depot in Lekki, Lagos The Nigerian Navy Ship (NNS) Beecroft discovered an illegal fuel depot at No 3 Silver Bird Road, Ilasun Lekki, on Tuesday, and arrested five suspects. The leader of the syndicate, Mr Ahmed Ariyo alongside four other persons were arrested in a private apartment where they carry out their illegal […]
The Special Adviser to the President on Energy, Mrs. Olu Veŕheijen, has said that the federal government reserves the right to pay fuel subsidy intermittently to cushion hardship in the country. Veŕheijen said this while briefing journalists in Abuja today. Earlier, the International Monetary Fund reported that the Nigerian government brought ...
•Fuel queue in Lagos Black market racketeers are currently taking advantage of the few day’s strike actions by tanker drivers, as the price of Premium Motor Spirit popularly known as petrol skyrocketed, hitting ₦1000 per litre in some parts of Lagos States. Our patrol team today observed that most filling stations in Lagos State, Ogun [&hellip...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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