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All posts tagged "fuel scarcity"

  • Petrol Shortage Worsens, Prices Skyrocket, and Queues Emerge, Few Hours before Christmas

    Lagos is the most hit, long queues characterized the few filling stations with the product. With many filling stations not having the product to sell, transporters, motorists and other consumers waited on Sunday at filling stations with hope and...

    • Posted December 24, 2012
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  • “Subsidy Remains in 2013…Please Bear With Us” – President Jonathan

    Concerning the contentious issue of fuel queues across the country, the President has asked Nigerians to bear with his administration as the government is struggling to get this right. He however alluded to the fact that part of the...

    • Posted November 19, 2012
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  • Fuel scarcity, Long Queues, PMS Price Increase to Last until Next Year

    A report from the House of Representatives Committee on Petroleum Resources (Downstream) stated on Wednesday that the persistent fuel scarcity in the country is expected to last until next year.  The report confirmed that one of the...

    • Posted November 15, 2012
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  • Fuel Scarcity Averted as NUPENG Withdraws Strike Threat

    The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has agreed to call off its impending strike following a seven hour discussion with the Federal Government yesterday. The meeting which commenced at 2pm had in attendance, Secretary to...

    • Posted August 24, 2012
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  • Jittery Banks failure to Extend Credit the cause of Latest Fuel Shortages

    The Independent Petroleum Marketers of Nigeria (IPMAN) and the Major Oil Marketers of Nigeria (MOMAN) have blamed the reduction of fuel supply in the country on the failure of banks to provide Letters of Credit to petrol...

    • Posted February 24, 2012
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  • Impending Fuel Scarcity as NUPENG Strikes

    The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG)  commenced a nationwide strike, yesterday, that could disrupt fuel distribution nationwide if not resolved quickly. Petroleum tanker drivers yesterday stopped lifting fuel from storage in response to...

    • Posted February 1, 2012
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