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The Federal Government says it will deal decisively and sanction any Depot Owner caught selling petroleum products beyond the approved Ex-Depot price in the country. Chief Timipre Sylva, Minister of State, Petroleum Resources, made…
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President Muhammadu Buhari has expressed sincere regrets for the inconvenience caused to citizens of the country following a prolonged shortage of petroleum products, something that the administration has successfully averted in its…
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...Blames tank farms operators for fuel price hike The Petroleum Retailers Outlet Association of Nigeria, says the ongoing hike in the pump price of premium motor spirit in Rivers State, was caused by tank farms operators who were…
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From a January average of 288 naira ($.70) per liter, diesel now sells for over N700 ($1.69) per liter in Nigeria. It is causing widespread anxiety for businesses that rely on the product to power generators that make up for…
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The war against corruption is set to get a big push in Lagos State, with the appointment of a Chairman for the Public Complaints and Anti-Corruption Commission. Governor Babajide Olusola Sanwo-Olu, who signed the law setting up the…
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Amidst the fuel scarcity and increase in the price of the Premium Motor Spirit (PMS), the Nigerian National Petroleum Company Limited (NNPC) said it evacuated about 1.1billion litres of product in 14 days. Although the situation…
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A plan endorsed by President Muhammadu Buhari to conclusively end the current fuel scarcity around the country in a matter of days is in progress. A top presidency official who disclosed this yesterday, said in a matter of days,…
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Premium Motor Spirit (PMS) otherwise known as petrol is now being unofficially sold at between N195 and N200 per litre in the Ibadan metropolis. A survey conducted by the Nigerian Tribune reveals that lots of fuel stations in Ibadan…
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Long queues are currently greeting fuelling stations in Calabar over the increasing scarcity of Premium Motor Spirit (PMS) better known as fuel. CrossRiverWatch correspondents visited most of the petrol stations in the metropolis…
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Despite the fact that Nigeria is currently battling petroleum scarcity in most states of the federation, the Nigeria Customs Service (NCS) on Wednesday said that its officers in February intercepted 36,575 litres of premium motor…
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