Lagos State residents, especially the youths have been urged to remain calm and peaceful in the face of the current challenges confronting the nation and avoid unhealthy protests which could disrupt the peace of the state.

The Nigeria National Petroleum Company Limited, and the Nigeria MidStream and Downstream Petroleum Regulatory Authority, have explained that the nation is facing a petroleum crisis because of distribution challenges faced by the marketers.

-Diversion, arbitrary pricing discovered By Udeme Akpan, Energy Editor & Theodore Opara There were indications, weekend, that the prolonged petrol shortage in Lagos, Ogun and  environs is worsened by illegal practices, especially arbitrary pricing and diversion, to unauthorised locations. Checks by Vanguard showed that some independent oil marketers, who complained about the high cost of lifting […]

By Victor Ahiuma-Young The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has directed members to, from today compile 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 […]

By Sola Ogundipe Amid the lingering fuel crisis in Nigeria, cases of hazardous health effects from unsafe exposure to Premium Motor Spirit, PMS, (petrol) has been on the increase. Reports of persons reporting to the hospital with complaints of headache, nausea, dizziness and respiratory irritation, etc., after accidental ingestion of petrol or inhalation of the […]

While PMS scarcity bites, hard across the nooks and crannies of Kwara state, causing very few vehicles to now be on the roads, the state command of the Nigeria Security and Civil Defence Corps, NSCDC said it has arrested two middle-aged men, Yunus Yusuf, 32 and Ismail Olamilekan 33, for allegedly engaging in the black market business of the premium motor spirit, PMS.

FOR decades, Nigerians have been living in denial about the state of our country’s petroleum refining and distribution system. 

By Adesina Wahab The National Association of Nigerian Students, NANS, has said incessant hike in the pump price of fuel is not the only means by which the government can raise funds to meet its needs. The student body has therefore challenged the Federal Government to look at other creative means of raising funds to […]

When a fuel-laden tanker upturned while inbound Rounder from Oju-Irin, Lafenwa, Ogun State, spilling its content, police tried to maintain order.

Plans by some unscrupulous oil marketers to sabotage the free flow of Premium Motor Spirit, PMS, also known as fuel ahead of the Christmas and new year festivities have been uncovered, by a group operating under the aegis of PMB Oil and Gas Progress with the group alleging hoarding of over 90million litres of the product by some marketers.

President Muhammadu Buhari has assured investors that investment in gas remains a top priority for the country, considering the huge benefits in terms of returns and utility. Mr Femi Adesina, the President’s spokesman in a statement said Buhari gave the assurance when he met with Chief Executive Officer of Total Patrick Pouyanne in Paris, France, […]

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has constituted a task force committee to monitor hoarding of petroleum products, and artificial scarcity.

The Chief Executive Officer, CEO, Consistent Energy and President Renewable Energy Association of Nigeria, REAN, Dr. Segun Adaju, has said that Nigeria spends $16 million to fuel 14 million generators annually.

A fuel station owner on Sunday in Abuja charged the Petroleum Tankers Drivers (PTD) arm of the National Union of Petroleum and Natural Gas Workers (NUPENG) to respect court’s proceedings. He told newsmen that failure of the drivers to distribute petroleum products in the southeast amounted to infringement on citizens’ rights to access petroleum products. […]

Joseph Ebele, Chairman, Independent Petroleum Marketers Association of Nigeria (IPMAN), Rivers chapter has said that the ongoing Petroleum Tanker Drivers Union (PTD) strike can lead to fuel scarcity. Ebele, who expressed the worry in a statement on Thursday in Port Harcourt, said that the strike if not stopped might lead to queues at fuel stations […]