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 …

Tension brewed on Friday in Akure metropolis, the capital of Ondo State, following a clash between commercial motorcyclists and taxi drivers over increased transportation fares occasioned by the hike in the pump price of Premium Motor Spirit (popularly known as petrol). The taxi drivers who grounded vehicular movements along the busy Oba Adesida/Oyemekun road accused the commercial tricyclists of picking …

Following the recent increase in the price of Petroleum Motor Spirit (PMS) as a result of the removal of subsidy, Lagos State Government has advised residents of the State against panic buying and hoarding of fuel. The state government also urged residents to stop patronising black marketers, saying with the new regime on petrol, market forces would determine the prices. …

The announcement that the Bola Tinubu administration would not continue the fuel subsidy regime triggered off fuel queues in Lagos and Abuja, but NNPC Limited assured late yesterday that there is sufficient supply of Petroleum Motor Spirit (PMS). But there are reports that some stations are already selling fuel for between N350 and N800 per litre as against the official …

Apparently in reaction to President Bola Ahmed Tinubu’s declaration that “fuel subsidy is gone”, queues surfaced in some stations in Lagos and the federal capital, Abuja today. Fuel subsidy was meant to be stopped at the end of June, which President Tinubu affirmed in his inaugural address. Daily Trust reports that NNPC stations in Ikeja, Alausa was crowded by motorists …

With the scarcity of new Naira notes and fuel unabating in many parts of the country, the All Progressives Congress (APC) presidential candidate, Asiwaju Bola Ahmed Tinubu has once again appealled to Nigerians to remain calm as the government and relevant agencies continue to work out solutions. In Abuja on Tuesday, Tinubu said he sympathises with the people, especially the …

The anti-fuel/Naira scarcity protest in Ibadan turned bloody on its second day (Saturday) after one person was shot dead by security personnel. Some hoodlums, according to the police in Ibadan, had attacked the security personnel while on patrol around Apata junction market. Long queues at Automated Teller Machines (ATMs) persisted across the country as people raced against time to dispose …

Ogun State Governor, Prince Dapo Abiodun on Saturday announced the suspension of his political campaign until further notice. In Kwara State, Governor AbdulRahman AbdulRazaq called for more supply of the new Naira notes to the citizens to ease things for the masses and stabilise the currency swap policy. In a statement signed by his Chief Press Secretary, Mr Kunle Somorin, the …

Residents of Ibadan, the capital of Oyo State, have taken to the streets to protest the lingering petrol and the scarcity of Naira notes scarcity across the country. Governors of the ruling All Progressives Congress had a meeting with President Muhammadu Buhari earlier on Friday where he promised to find a solution to the new Naira notes crisis. Last October, …

The National Association of Energy Correspondents (NAEC) has called on the NNPC Limited and Nigerian Upstream Regulatory Commission to find a lasting solution to the lingering fuel scarcity in the country. A statement signed by the association’s chairman, Olu Phillips, and secretary, John Meze, lamented that the development has led to man-hour loss, which ought to have been put into …