News

Fuel scarcity bites harder in Abuja, Ondo, Osun, others

Published

2 weeks ago

April 27, 2024

Fuel scarcity bites harder in Abuja, Ondo, Osun, others

There is no succour yet for motorists and other petrol end users despite the Thursday statement by the Nigerian National Petroleum Company Limited (NNPCL) that it had resolved the logistic problems that sparked the supply crisis.

Reports from across the country yesterday showed that many filling stations had no fuel to sell.

Some sold over and above the threshold of N650 per litre while motorists and other buyers besieged the few ones that sold within the range of N600 per litre.

While many petrol stations in Lagos sold fuel at the normal price and queues were not noticeable, it was a different story in the industrial town of Ota, Ogun State where some filling stations hiked their pump price to N799 per litre.

In Abuja, over 80% of the Premium Motor Spirit (PMS) retail outlets shut down their operations yesterday, creating an opportunity for a massive black market around the Federal Capital Territory (FCT).

Although the price remained unchanged at N617 per litre at the Nigerian National Petroleum Company Limited (NNPCL) filling stations while major marketers sold it for between N680 and N690 per litre, some independent marketers vended the product for as high as N750 per litre.

READ ALSO:

Black marketers sold one litre for as much as N1,200 to desperate motorists.

Some drivers who ran out of fuel in hot spot were ready to pay N1,300 per litre just to exit the danger zone.

Meanwhile, there was a sign of hope that the situation would improve at weekend as The Nation could see more retail outlets getting opened to customers at 5:45pm.

Many civil servants who had a tough time returning home from work on Thursday did not bother to turn up at their workplace yesterday.

Epileptic fuel supply in Ondo

The epileptic supply of fuel was no better in Ondo State yesterday with many filling stations also shut down.

The price ranged between N600 and N670 in the few filling stations that opened for business.

Chairman of Independent Petroleum Marketers Association of Nigeria (IPMAN) Ore depot, Shina Amoo, said NNPCL was not selling to IPMAN members.

Amoo said IPMAN members had to resort to buying from third parties at high prices.

He said fuel marketers are shutting down operations in the state due to low or non-profit margin.

Long queues in Enugu

The crisis was characterised by long queues at filling stations in Enugu while the price hovered between N600 and N725 per litre.

READ ALSO:

It was N660 in some Total, Enyo, Masters Energy, Rainoil and Northwest filling stations and N660 per liter in NNPC filling stations.

Osun residents, motorists groan as petrol stations hoard fuel

Residents and motorists in Osun State accuse petrol dealers in the state of hoarding and profiteering.

The Nation observed long queues at major marketers petrol stations with price ranging between N625 and N640 per litre.

Independent marketers sold theirs for between N700 and N750.

Human rights activist Comrade Waheed Saka asked the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the State government to check the situation.

A motorist, Saheed Salako, claimed that many of the petrol stations had fuel but refused to sell.

Crisis worsens in Plateau as a litre goes for N800

Many car owners in Jos, the Plateau State capital have been forced by the hike in fuel price to park their vehicles at home.

A litre sold for between N760 and N800 at some filling stations yesterday.

The NNPCL had attributed the tightness in the supply of PMS currently being experienced in some areas across the country to logistics issues but said the issues “have been resolved.”

It urged Nigerians to “avoid panic buying as there is sufficient product in the country.”

Fuel scarcity bites harder in Abuja, Ondo, Osun, others

The Nation

Related Topics:abuja Featured fuel scarcity

Up Next

Why we praised Aviation minister Keyamo after Dana Air incident – Northern group

Don't Miss

Yahaya Bello counters EFCC on $720,000 children’s school fees payment

News

Just in: Tinubu lands in Abuja after Netherlands, Saudi trips

Published

8 hours ago

May 8, 2024

Trends Admin

Tinubu returns to Nigeria

Just in: Tinubu lands in Abuja after Netherlands, Saudi trips

President Bola Tinubu has returned to Nigeria after his trips to the Netherlands and Saudi Arabia.

According to the NTA, Tinubu returned on Wednesday.

On April 22, Tinubu left Abuja, the country’s capital, for the Kingdom of The Netherlands on an official visit.

Ajuri Ngelale, presidential spokesperson, said the president was visiting The Netherlands at the invitation of Prime Minister Mark Rutte.

READ ALSO:

After the engagements in The Netherlands, Tinubu proceeded to Riyadh in Saudi Arabia to attend a special World Economic Forum (WEF) meeting between April 28 and 29.

Bayo Onanuga, the special adviser on information and strategy to the president, on Tuesday announced that the President and his aides will return on Wednesday in a post on his X handle.

“President Bola Ahmed Tinubu, along with his aides, will return to Nigeria tomorrow from Europe,” Onanuga wrote.

Just in: Tinubu lands in Abuja after Netherlands, Saudi trips

News

National clean cooking policy gets FEC approval

Published

8 hours ago

May 8, 2024

Trends Admin

Federal Executive Council

National clean cooking policy gets FEC approval

The Federal Executive Council (FEC) has approved the National Clean Cooking Policy to ensure access to clean cooking energy solutions for all Nigerian households and institutions by 2030.

During the policy’s launch, Minister of Environment Balarabe Abbas Lawal affirmed the government’s commitment to supporting policy domestication by implementing key recommendations, as stated by the Nigerian Alliance for Clean Cooking (NACC).

“We will conduct extensive awareness campaigns to highlight the benefits of cleaner cooking solutions. Additionally, we’ll offer technical and business training to enhance the capabilities of local producers and distributors. Fiscal and monetary incentives will also be provided to encourage local manufacturing of clean cooking fuels and technologies,” he elaborated.

Minister of State for Environment, Dr. Iziaq Kunle Salako, emphasized the ministry’s plan to organize regional and state launches to raise awareness about the policy.

READ ALSO:

“Effective implementation of the policy relies on states and local governments aligning with its goals,” he emphasized, pledging adequate budgetary allocations from the Federal Ministry of Environment.

Dr. Salisu Dahiru, Director General of the National Council on Climate Change, highlighted the significance of implementing the clean cooking policy in achieving national climate change objectives.

“Development partners have allocated substantial financial resources to support the national clean cooking goal,” he noted.

Ewah Eleri, Chairman of the Board of Trustees of the Nigerian Alliance for Clean Cooking, praised FEC’s approval of the national policy and called for collaboration among government levels, the private sector, civil society organizations, and international development agencies to combat cooking energy poverty and mitigate climate change impacts.

Eleri thanked all partners, particularly the Clean Cooking Alliance and the Heinrich Boell Foundation, for their contributions to policy development.

National clean cooking policy gets FEC approval

News

CBN cybersecurity levy will worsen Nigerians’ situation – PRP

Published

8 hours ago

May 8, 2024

Trends Admin

CBN cybersecurity levy will worsen Nigerians’ situation – PRP

The Peoples Redemption Party (PRP) has condemned the cybersecurity levy imposed on electronic transfers by the Central Bank of Nigeria (CBN), describing it as ill-timed and insensitive, especially considering the current economic challenges faced by Nigerians due to the Federal Government’s unpopular policies.

The PRP, in a statement signed by its acting national publicity secretary, Comrade Muhammed Ishaq, and made available to WITHIN NIGERIA, called on the CBN to withdraw the policy and implement measures to alleviate the suffering of Nigerians.

READ ALSO:

The statement questions the timing of the levy and criticizes the government for collecting money from Nigerians to fund the Office of the National Security Adviser without ensuring transparency or accountability in the utilization of the funds.

The PRP condemns the CBN’s directive and warns that it will further worsen the financial difficulties faced by Nigerian citizens, particularly impacting vulnerable groups such as hardworking individuals, families, and small business owners.