Bad Petrol: Shortage worsens as filling stations run out of stock, close doors – Newstrends
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Bad Petrol: Shortage worsens as filling stations run out of stock, close doors

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  •  Lagos, Abuja worst hit
  • NMDPRC issues directive to depots, stations
  • FCCPC moves to sanction importers, distributors

FRESH indications, emerged, yesterday, that shortage of petrol in the country has worsened as many filling stations decided to shut their doors against motorists and other buyers in Abuja as well as Lagos, Oyo and Ogun states.

Sunday Vanguard learnt that while many of the stations had  exhausted their stock of quality petrol, others still had commercial stock of the bad product which utilisation, last week, culminated in the damage of many automobiles, generators and other equipment.

Some marketers,  who pleaded anonymity, said it will take a while to bring in new product, especially because of limited space for storage.

According to the marketers, the bad product will have to be properly evacuated from depots and filling stations to authorised places before the new product could be moved into the domestic market.

Meanwhile, the situation has culminated in the emergence of illegal or black market, whose operators were seen hawking the product at between N200 and  N350 per litre, depending on location in Lagos and  environs.

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NMDPRA orders depots, stations

Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, created to regulate operations under the newly established Petroleum Industry Act, PIA, responding to the development, yesterday, ordered all depots and filling stations to open their doors for inspection.

The inspection and quantification of the bad product will be carried out by various committees, including technical and commercial, established during the recent stakeholders engagement in Lagos.

FCCPC spits fire

Also yesterday, in  line with Federal Government’s promise to deal with those behind the bad petrol,  the Federal Competition and Consumer Protection Commission, FCCPC, commenced moves targeted at bringing  importers and distributors of the product to book.

In a statement obtained by Sunday Vanguard, Executive Vice Chairman/Chief Executive, FCCPC, Babatunde Irukera, noted that its intervention was in consonance with Sections 17(a), (h), (i), (l), (t), (w), (y), (z), 131(a), (b), (d), 132, 133, 136 of the Federal Competition and Consumer Protection Act, 2018; and Sections 164(5)(b) and 210 of the Petroleum Industry Act, 2021.

Irukera  stated: “The Federal Competition and Consumer Protection Commission has become aware that a certain but limited quantity of Premium Motor Spirit (PMS) that does not comply with established, applicable, and prevailing standards has been distributed and sold in certain parts of the country.

“The Commission in the process of its initial investigative assessment understands that consumers who purchased fuel that constitutes part of this consignment have experienced technical difficulties and or damage to their vehicles or other relevant equipment/machinery.

“In furtherance of its investigation; and pursuant to relevant laws, the Commission is currently engaging multiple regulators and entities relevant and involved in the PMS distribution value chain.

“The purpose of ongoing engagements include, addressing hardship or difficulties consumers may experience with respect to withdrawal of the implicated products from the market, securing assurance and promoting consumer confidence that supply constrains are addressed and will not persist and ensuring that the regulator’s recall effort under applicable laws and regulations including Petroleum Industry Act, 2021 and Federal Competition and Consumer Protection Act, 2018 (FCCPA) sufficiently excludes continuing distribution of the implicated product.

“It also includes encouraging and promoting additional and robust mechanisms to prevent reoccurrence and developing a meaningful and transparent mechanism to address demonstrated injury to affected consumers.

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“The Commission’s engagement with the key and relevant regulators/entities involved has been constructive and productive. The Commission commends this responsiveness and prioritisation of ensuring continuity of supply, containment of implicated product and sensitivity to consumer dissatisfaction and inconvenience.

“The Commission is continuing engagement, particularly with respect to a reasonable and acceptable mechanism to mitigate demonstrated injury and or loss experienced by consumers. The Commission intends to provide additional information as this rather dynamic situation evolves.”

Blame game

In a related development, Oando Plc, yesterday,  joined other companies to deny its alleged involvement in the importation of the bad product.

In a statement obtained by Sunday Vanguard, the company  stated: “Following media reports listing Oando as one of four importers that supplied methanol-blended Premium Motor Spirits (PMS) into the country, we hereby

state that Oando did not import and supply PMS that was adulterated or substandard.

“The PMS supplied by Oando met Nigeria’s import specification. We are committed to working assiduously with the NNPC and industry to identify the root cause(s) of the subsequent contamination of the PMS supplied.

“We want to assure the public that Oando as a responsible corporate citizen would not partake in the importation, distribution, or marketing of substandard petroleum products.”

Previously, MRS and Emadeb had refuted that they were among marketers that imported the bad fuel into the country.

A statement released by the lead partner, Emadeb Energy Services had explained that importation of the contaminated PMS was executed by a “member of the consortium.”

“Therefore, the blanket claims made against the consortium are misleading and contradict the actual events that happened; they do not fully reflect and/or represent what transpired. It is important to inform the public of these facts and provide clarifications relating to delivery of the said contaminated PMS to the country,”the statement said.

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‘’We also deem it necessary to protect our image as we have invested a lot in building our respective brands in the industry”.

The company, which alleged that   Brittania-U Nigeria Limited (Brittania-U) was the sole supplier of the 90,000MT of PMS delivered via MT Torm Hilde, had added:   “At the formation of the consortium in May 2021, Brittania-U refused to execute the Service and Consortium Agreement submitted in fulfillment of the award of the DSDP Contract.”

On its part, MRS had claimed that the petrol brought into its facilities was imported by Duke that works for  Government.

Buhari, Reps reaction

President Muhammadu Buhari and the House of Representatives had, last week, talked tough over the bad fuel, saying those behind the importation  must be held accountable.

Meanwhile, a source close to Brittania-U told Sunday Vanguard that the company is innocent of the allegations.

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More heads to roll in NNPCL, subsidiaries as Ojulari assumes office

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Engineer Bashir Bayo Ojulari

More heads to roll in NNPCL, subsidiaries as Ojulari assumes office

There are indications that more heads will roll in the Nigerian National Petroleum Company Limited, NNPCL and its subsidiaries as Engineer Bayo Ojulari yesterday assumed office as the new Group Chief Executive Officer.

This was even as the management and staff of NNPC Ltd welcomed the appointment of a new GCEO Officer and Board of Directors for the company by President Bola Ahmed Tinubu.

However, checks Vanguard showed that the reorganisation would start from the corporate headquarters to the subsidiaries, including Upstream, Gas and Power, new Energy, Downstream and Non-Energy businesses.
The checks indicated that the reorganisation would be targeted at ensuring that round pegs are placed into round holes based on the commitment of the new leadership to achieve national goals and objectives in the oil and gas industry.

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It was confirmed that the businesses to be impacted include the NNPC E&P Limited (NEPL), NNPC Upstream Investment Management Services (NUIMS), NNPC Energy Services Limited (EnServ), NNPC Engineering and Technical Company (NETCO), NNPC New Energy Limited (NNEL), NNPC Gas Infrastructure Company (NGIC), NNPC Gas Marketing Limited (NGML), and NNPC Gas & Power Investment Services (NGPIS).

They also include NNPC Trading Limited (NTL) NNPC Retail Limited (NRL), NNPC Shipping Limited (NSL), NNPC RefChem Limited (NRCL), NNPC Downstream Investment Services (NDIS), Nigerian Pipelines and Storage Company Limited (NPSC), National Energy Reserve Management Company (NERMC), NNPC Non-Energy Investment Services (NNIS), NNPC Foundation Limited/Gte, NNPC Academy, NNPC Properties Limited (NPL), and Health Maintenance Organization (HMO) and Research Technology and Innovation (RTI).

 

More heads to roll in NNPCL, subsidiaries as Ojulari assumes office

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NNPCL hikes petrol pump price to N950/litre

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NNPCL hikes petrol pump price to N950/litre

The Nigerian National Petroleum Company Limited (NNPCL) has raised petrol prices to N925 per litre in Lagos and N950 per litre in Abuja, effective April 2, 2025.

This represents an N65 increase from the previous price of N860 per litre in Lagos and an N70 increase from the previous price of N880 in the North.

Last week, MRS and other independent marketers increased the price of petrol, raising its pump price to ₦930 per litre in Lagos and ₦960 for residents living in the northern part of the country.

Industry experts stated that the new increase is a direct fallout of the recent suspension of sales of petroleum products in naira by the Dangote refinery.

The adjustment reflects changes in Nigeria’s deregulated fuel market, including competition, supply costs, and global oil price trends.

It also coincides with the appointment of new leadership at the national oil firm, NNPCL, by President Bola Tinubu on Wednesday. The board was also restructured.

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The NNPCL retail stations in Fadeyi, Ago Palace Way, and Ogba, as well as the NNPC station on College Road, have adjusted their prices to N925.

In Ikeja, outlets on Acme Road and the Lagos-Abeokuta Motorway have also raised their pump prices to the new rate.

However, due to logistical delays, not all NNPC stations in Lagos may have updated their prices simultaneously.

In the Federal Capital Territory, the national oil firm station located along the Kubwa motorway upped its price to N950 from N880 per litre. Other stations along Wuse effected the same increase.

This adjustment follows months of price competition. In March 2025, NNPC dropped their pricing to N860 per litre, matching Dangote Refinery’s lower rates.

However, due to rising global oil prices, exchange rate fluctuations, and changes in crude oil sourcing costs, NNPC has now revised prices upward.

Earlier in 2025, NNPC had supplied petrol at N925 per litre in December 2024 before various price adjustments.

The present rate in Lagos remains cheaper than in certain other places, including Abuja, where rates recently stood at ₦880 per litre.

NNPCL hikes petrol pump price to N950/litre

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Toyota corporation taps on Winpart by CFAO to distribute CWorks batteries in Nigeria 

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Toyota corporation taps on Winpart by CFAO to distribute CWorks batteries in Nigeria 

 

Leading distributor and importer of high-quality automotive spare parts and lubricants in Nigeria, Winpart by CFAO, has commenced the distribution of Cworks batteries in Nigeria.

Cworks is a premium automotive battery brand from Toyota Tsusho Corporation.

The battery introduction, the company says, marks a new era of reliability, durability, and high performance for Nigerian motorists and businesses.
The firm in a statement obtained by Newstrends says as an official distributor and importer of top-quality automotive spare parts, Winpart by CFAO has continued to bring globally trusted brands to Nigeria, ensuring that vehicle owners and businesses have access to world-class solutions.

Developed under the renowned Toyota Tsusho Corporation, Cworks batteries are engineered to deliver superior power, a longer lifespan, and consistent performance in all driving conditions.

Winpart by CFAO says CWorks is a product of “renowned Toyota Tsusho excellence, designed to meet global automotive standards; long-lasting performance, built for durability and resilience on Nigerian roads and weather conditions.”
The company disclosing that the batteries are now available through Winpart by CFAO outlets added that the product would facilitate “reliable power supply, ensuring smooth engine starts and sustained power for all vehicle types”.
General Manager of Winpart by CFAO, Mohamed TALEB, said, “We are excited to introduce Cworks batteries to Nigerian motorists. As a brand from Toyota Tsusho Corporation, Cworks battery reflects the same commitment to quality and performance that Toyota is known for worldwide.

“With Winpart by CFAO, Nigerians can now enjoy a battery that delivers reliability, longevity, and value.”

According to the firm, through Winpart by CFAO, Cworks batteries will be available across Nigeria via authorized dealers and service centres, ensuring easy access to high-quality battery solutions.
The company added that more information on CWORKS Batteries, can be obtained from its website- www.winpart.com.ng.

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