•Petrol scarcity Fresh queues have surfaced in the Federal Capital Territory (FCT), leaving motorists spending hours to buy Premium Motor Spirit (PMS), a.k.a. petrol. This followed the closure of many filling stations operated by independent marketers, reports Daily Trust. Findings by our correspondent yesterday evening, showed that many filli...
•Fuel queue There are indications that the pump price of premium motor spirit, popularly known as petrol, may rise in filling stations as the Nigerian National Petroleum Company Limited finally admitted that it was facing challenges due to a $6 billion debt. After weeks of denial, the NNPC admitted yesterday that it owed its petrol […]...
•Fuel scarcity Global suppliers of petrol are no longer enthusiastic about supplying the product on credit to the Nigeria National Petroleum Company Limited (NNPCL) due to piling debts. Competent industry sources told our correspondent last night that NNPCL, which solely imports the product using supply agents, is apparently weighed down by ov...
Oil marketers have advocated for a reduction in the pump price of diesel to N700 per litre to help improve the distribution of petrol across the country. The President of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), Mr. Benneth Korie Doi, stated today in Abuja that the high cost of diesel used […]
•Petrol scarcity The prolonged petrol scarcity worsened in Lagos, Ogun and other states, yesterday, as independent marketers started lifting the product from private depots at N780 per litre, from N595 per litre, indicating an increase of 31 per cent. The marketers believe the hike in price reflects the current demand and supply of the product...
•Fuel queue Nigerians have expressed anger and frustration over the prolonged scarcity of Premium Motor Spirit, popularly called petrol, across various states nationwide. It was observed yesterday that the scarcity of petrol led to widespread queues by motorists at filling stations in Abuja, Kaduna, Niger, Adamawa, Kano, Bauchi, and Delta, amo...
•Fuel scarcity Oil marketers have said they do not have details of the logistic challenges that the Nigerian National Petroleum Company Limited (NNPCL) claimed are responsible for the current low supply of products nationwide. Fresh petrol scarcity resurfaced on Wednesday last week and has worsened, leaving Nigerians to grapple with the effect...
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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