Tag
FUEL SCARCITY
News and analysis about fuel scarcity
The NNPC has revealed that the recent fuel queues in Abuja is likely caused by low loadouts at depots which usually happens during long public holidays.
Most businesses run on fuel and with the scarcity, it has become difficult to maintain a moderate price in goods and services.
The FG has warned that depot owners selling fuel above the approved ex-depot price in filling stations nationwide will be sanctioned.
Traders and consumers alike have reacted to the significant surge in the prices of food items in Kano State and the Federal Capital Territory (Abuja).
President Buhari has apologised to Nigerians and promised that sufficient fuel is being delivered to the states.
Lagos has ordered an investigation of a viral video on social media platforms showing kegs of petrol being shared as souvenirs at an event.
The FG has stated that the fuel supply disruptions causing hardship to Nigerians would be solved in a few days.
The Lagos State Government has read the riot act to motorists queuing up for fuel at filling stations across the state causing heavy gridlock.
The NNPC has once again assured Nigerians that it has distributed petroleum products nationwide, and working with stakeholders to get it to retail points.
The government of Sri Lanka has announced an emergency $35 million for the shipment of 40,000 tonnes of diesel to avert a looming fuel scarcity crisis.
The FG has assured Nigerians that its agencies are on the field and visiting fuel stations to ensure that fuel is available for sale.
TUC has warned that it will order members to stop going to work if the challenge of fuel scarcity across the country persists for the next few days.