Business
Bad fuel: Petrol scarcity persists in Abuja, Lagos, others, despite govt’s assurances
- Sells at N400/litre at black-market •We’ve adequate supply —FG
- •NUPENG directs members to compile names of marketers hoarding PMS, increasing depot prices
Despite the Federal Government’s promises that petrol scarcity would be over weekend, the scarcity of the product continued, yesterday in Abuja, Lagos, Oyo and Ogun states.
Checks by Vanguard showed that there were long queues in Abuja, Lagos and other states, mainly because of the difficulty associated with getting supply.
The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, also yesterday directed its members to start compiling names of marketers hoarding Premium Motor Spirit, PMS, commonly known as petrol, or selling above official depot price today.
National Operation Controller Independent Petroleum Marketers Association of Nigeria, IPMAN, Mike Osatuyi, said his members were still finding it difficult to source the product from depot owners.
According to him, independent marketers are still sourcing petrol at N190 per litre, against government’s N148 per litre regulated price, thus making it difficult for them to sell at the N162/N165 per litre regulated price.
Consequently, many of their outlets were seen shut, while long queues of automobiles took over all available space at the stations.
In Abuja, queues at petrol stations grew longer at the weekend as the impact of supply disruption entered the third week, despite assurances of quick resolution by the Federal Government.
At filling stations monitored by Vanguard, motorists explained that they queued for over four hours before they could obtain petrol at the city centre.
At the suburbs of the nation’s capital, the scenes were chaotic as motorists struggled to get into few filling stations dispensing petrol.
As expected, while motorists had difficulty in purchasing petrol, black markets openly hawked the product in kegs, with price ranging from N350 to N400 per litre.
Speaking to Vanguard from Lagos, the Executive Secretary of Major Oil Marketers Association of Nigeria, MOMAN, Mr. Clement Isong, expressed optimism that normalcy would return at the end of the week.
Mr. Isong said MOMAN was working with government agencies to improve supply of petrol across the country.
He said: “The important thing now is to stop the queues and it is only after that we can go back and check how much it cost and then submit our bills to the government.”
He disclosed that while supply had improved greatly, it would take another week to restore normalcy “if we continue getting good supply”.
On his part, the Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Chinedu Ukadike, who spoke from Port Harcourt, said getting supply had been particularly challenging for independent marketers.
Ukadike said with the product not available at government-owned depots, independent marketers had to resort to buying from privately-owned depots at a cost far higher than what the government regulated.
He noted that most marketers were struggling to cope with the crisis, saying “when we signed bulk purchase agreement, there was a quantity of petroleum product that the NNPC agreed to supply to us monthly in terms of allocation but now that agreement has been breached by the NNPC, we are resorting to hustling for fuel wherever we can get it.
“That is because if you don’t do that, it becomes impossible for you to pay staff and pay several taxes imposed by various government agencies. The impact is serious on us and that is why you are seeing most filling stations shutting down.”
Ukadike also expressed optimism that the supply difficulties would ease in the coming week, stressing that “the queues are still there and we are having challenges getting supplies. But I heard that a vessel is coming in (into Port Harcourt) by next week. The supply from the vessel will relieve the remaining congestions we have.
“The biggest challenge is the high price we are getting the product because it is only at the government depots that you can get supply at government approved rate. So with this vessel coming next week, it will help to alleviate the sufferings of the masses,” he added.
The government had said that the distribution of petrol would soon normalise after it recalled the bad product imported into the country last week.
The government had given the assurance at a briefing in Abuja, adding that concerted efforts were being made to end the challenges in the supply of petrol.
It had explained that it was expecting over 2.3 billion litres of Premium Motor Spirit, PMS, in the country by the end of February and that over one billion litres of the product were currently being distributed nationwide.
Also, the Chairman, House of Representatives Committee on Petroleum (Downstream), Abdullahi Gaya, had also assured Nigerians that his committee would handle companies which imported methanol-blended Premium Motor Spirit, PMS, into the country.
Meanwhile, the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has directed its members to, from today, start compiling names of marketers hoarding Premium Motor Spirit, PMS, commonly known as petrol, or selling above official depot price.
Recall that the Union had Saturday given marketers 24 hours to revert to the official depots price of petrol or risk unpleasant consequences, claiming that unscrupulous marketers were selling PMS from the depots at prices above the official rate.
Speaking with Vanguard yesterday, President of NUPENG, Prince Williams Akporeha, said “as a follow-up to the 24 hours ultimatum to the marketers, the union has directed members to, from tomorrow (today) start compiling names of marketers who are hoarding petrol or selling PMS from the depots at prices above the official rate for sanction.”
On what is the nature of the sanction, he said: “We have to keep that our chest until the time.”“NUPENG in statement Saturday issuing a 24 hours –ultimatum to marketers through its President and General Secretary, Prince William Akporeha and Afolabi Olawale, respectively, among others, said “Our attention and empathy have been drawn to the harrowing experiences and pains of the general public due to the exploitative and unscrupulous activities and tendencies of Petroleum Products Marketers who taking advantage of the seeming gaps and teething challenges in the implementation of Petroleum industry Act to enrich themselves at the expense of the Country and the people.““It’s an undeniable fact that the Premium Motor Spirit, PMS, is still under subsidy regime, and we find it disheartening and worrisome that these unscrupulous Marketers are selling PMS from the depots at prices far above the official rate.““We are giving these Marketers twenty-four (24) hours with effect from midnight of Sunday, 27th February, 2022 to revert to official rate or we shall name and shame them as public enemies aside from other sanctions.“It is also disturbing that even though AGO, and DPK are deregulated, there must be some measures of checks and control over the prices otherwise the entire productive activities will be grounded.““We have it on good authority that it’s one Marketer that determines and fixes prices of these products for other Marketers to adopt leaving all consumers (domestic and industrial) at their mercy.““This unsavory situation is evidently clear from the cries of the airlines Operators, road transport Operators, factories Owners and private homes and offices. The Union cannot continue to watch as some cabals keep on exploiting the people and the nation.““We implore the general public to bear with us in whatever actions we deemed necessary against these exploiters.
““Painfully, we noticed the helplessness of the NNPC in this in view of the implementation of the Act and also noted that these Marketers are taking advantage of the newness of the Nigerian Midstream and Downstream Regulatory Authority to rip off Nigerians.““The nation and the people are bleeding and in the absence of any decisive institutional intervention, NUPENG has decided to once again step up in the defense of the people, the nation and the industry.““We are also by this press release directing all our officials in all our zones to start compiling lists of petrol stations that are in habit of hoarding products during the day and selling at nights at exorbitant rates for possible sanctions. These also include Petroleum Products depots that may want to be hoarding products because of our decision on this matter.”
Vanguard
Auto
Seven Drivers Emerge for Tuesday Naija Driver Challenge Grand Finale in Lagos
Seven Drivers Emerge for Tuesday Naija Driver Challenge Grand Finale in Lagos
The maiden Nigerian Drivers Challenge will reach its climax on Tuesday, November 10, with seven finalists set to compete for honours at the National Stadium, Surulere, Lagos, in a contest aimed at promoting responsible driving, professionalism and improved road safety in Nigeria.
The grand finale, scheduled to begin at 9am, follows a nationwide response that saw 160 drivers register for the hybrid competition from 23 states of the federation.
The seven finalists emerged after preliminary assessments, including a proctored online Computer-Based Test (CBT), with participants required to attain a minimum pass mark of 60 per cent.
The final stage will feature practical driving assessments designed by the Lagos State Drivers’ Institute (LASDRI) to evaluate participants’ driving skills, vehicle control, road-use awareness and compliance with safety principles. The eventual winner will be determined through a combination of CBT performance and practical assessment scores.
Organised to raise driving standards and promote safer roads, the Nigerian Drivers Challenge seeks to draw attention to the critical role of competent, disciplined and professionally trained motorists in reducing preventable road crashes.
The event is expected to attract representatives of government agencies, road safety institutions, automotive industry stakeholders, sponsors, the media and members of the public.
Speaking on the vision behind the initiative, Project Director, Adrian Egonu, said the encouraging response to the maiden edition demonstrated the need for platforms that promote responsible motoring.
“The Nigerian Drivers Challenge was conceived out of a conviction that safer roads begin with responsible, competent and professional drivers,” Egonu said.
He added that the initiative was more than a driving competition, describing it as a platform for raising road safety consciousness, improving driving standards and celebrating excellence behind the wheel.
The Project’s Head of Administration, Modupeola A. Elegba, also expressed satisfaction with the feedback from participants, particularly those who completed the training and CBT stages.
She said the positive responses, including participants’ appreciation of the knowledge gained on safe road use and the competition’s seamless online platform, had encouraged the organisers to expand the initiative in subsequent editions.
The organisers acknowledged the support of institutional partners, including LASDRI, the Federal Road Safety Corps and the Automobile and Touring Club of Nigeria.
Sponsors include Skinetics Aesthetics Skin Care Clinic and Med Spa, BUA Cement, Sovereign Trust Insurance Plc and AXA Mansard Health Ltd, while supporting organisations include the Lagos State Signage and Advertisement Agency, Lagos State Safety Commission, Lagos State Traffic Management Authority and Work and Play.
The public, stakeholders and members of the media have been invited to attend the grand finale.
Auto
Four-day Abuja International Motor Fair begins tomorrow Nov 10
Four-day Abuja International Motor Fair begins tomorrow Nov 10
Nigeria’s automotive industry is set for a major convergence of manufacturers, investors, policymakers and technology players as the 26th Abuja International Motor Fair opens on November 10, 2026, at Eagle Square, Abuja, with a renewed focus on accelerating local production, investment and industry transformation.
The four-day exhibition, organised by the National Automotive Design and Development Council (NADDC) in partnership with BKG Exhibitions Limited, will bring together stakeholders across the automotive value chain, including vehicle manufacturers and assemblers, component producers, financial institutions, technology firms, transport operators, logistics companies and government agencies.
A major highlight will be a three-day industry conference themed, “Driving Nigeria’s Automotive Transformation: Policy, Production, and Prosperity.” The conference is expected to examine critical policy directions, investment opportunities, local manufacturing and emerging technologies shaping the future of Nigeria’s automotive sector.
In a statement, BKG Exhibitions said the conference would feature contributions from industry leaders and experts across relevant sectors.
Chairman of the Organising Committee and Managing Director of BKG Exhibitions, Mr Ifeanyi Agwu, said NADDC Director-General, Otunba Joseph Osanipin, would deliver the keynote address, alongside presentations by leading figures in the automotive and transport industries.
Agwu said the fair would offer participants opportunities to engage policymakers, investors and business executives while exploring new vehicles, technologies, products and investment prospects.
Other attractions include the Nigeria Automotive Excellence Awards Night, Abuja Automotive Road Show, Ultimate Test-Drive experience, exotic car displays and the Automotive and Future Mobility Arena.
The annual exhibition has established itself as a major platform for automotive business networking, product promotion and policy engagement, with this year’s edition expected to further advance conversations around investment, innovation, local production and sustainable industry growth.
Railway
Tinubu Targets December 3 Inauguration for Kaduna-Kano Rail Project as Construction Hits 90%
Tinubu Targets December 3 Inauguration for Kaduna-Kano Rail Project as Construction Hits 90%
The Kano-Katsina-Maradi railway project has also reached 70 per cent completion, according to the APC Presidential Campaign Council.
President Bola Ahmed Tinubu has intensified efforts to complete major railway projects in Northern Nigeria, with the Kaduna-Kano Standard Gauge Railway scheduled for inauguration on December 3, 2026.
The All Progressives Congress (APC) Presidential Campaign Council disclosed this in a statement issued on Sunday by its spokesperson, Dele Alake, stating that the 203-kilometre Kaduna-Zaria-Kano railway project had attained approximately 90 per cent completion.
The council also announced that the 400-kilometre Kano-Katsina-Maradi railway project, which extends towards the Niger Republic, had reached 70 per cent completion.
According to the statement, the Kano-Katsina-Maradi project was barely five per cent complete when Tinubu assumed office in 2023, while the Kaduna-Kano railway had achieved less than 30 per cent completion.
The projects, described as part of the administration’s major infrastructure initiatives, are expected to improve transportation, strengthen regional connectivity and facilitate the movement of passengers and goods across Northern Nigeria and neighbouring countries.
The Kaduna-Kano railway is an extension of the existing Abuja-Kaduna Standard Gauge Railway and is expected to establish a continuous rail connection between Abuja, Kaduna, Zaria and Kano, linking major commercial centres in the region.
The council said the projects were recently inspected on the directive of President Tinubu by a Federal Government delegation led by the Permanent Secretary of the Federal Ministry of Transportation, Engr. Funso Adebiyi.
The delegation reportedly expressed satisfaction with the quality of construction, particularly the railway alignment, drainage infrastructure, embankment protection, stone pitching and soil stabilisation.
As part of the inspection, officials undertook a test-run journey by train from Jaji in Kaduna State to Kano to assess the completed track infrastructure and passenger comfort.
The statement added that Tinubu had directed the immediate resolution of outstanding land acquisition and compensation issues within Kaduna metropolis to facilitate the completion of the remaining railway corridor linking Abuja and Kano.
It further disclosed that the 190-kilometre Jaji-Kano section of the Kaduna-Kano railway, alongside the 250-kilometre Dawanu-Kano-Kazaure-Daura-Katsina section of the Kano-Maradi project, was scheduled for inauguration on December 3, 2026.
When fully operational, the Kaduna-Kano railway is expected to provide an alternative to road transportation, improve passenger movement and boost commercial activities along one of Northern Nigeria’s busiest economic corridors.
Similarly, the Kano-Katsina-Maradi railway is expected to strengthen cross-border transportation and trade between Nigeria and the neighbouring Republic of Niger.
The APC Presidential Campaign Council said the projects reflected Tinubu’s commitment to ensuring that ongoing infrastructure developments across the country were completed as scheduled.
Tinubu Targets December 3 Inauguration for Kaduna-Kano Rail Project as Construction Hits 90%
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