Despite assurances of availability of Premium Motor Spirit by Federal Government, many petrol stations in Osun were not selling the product, 

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on Sunday assured Nigerians that there is sufficient  Premium Motor Spirit  (PMS), also known as fuel in the country.

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Saturday urged Nigerians to stop panicking noting that the country has enough petrol  and diesel circulating in every state in Nigeria.

National Bureau of Statistics, NBS, has said the average price for refilling a five kilogramme (kg) cylinder for Liquefied Petroleum Gas, otherwise known as cooking gas, increased by 1.37 per cent (month-on-month) to N2, 067.68 in February 2019, compared to N2,039.82 recorded in January.

NIGERIA, in the last two months, imported a total of 986, 492 metric tons (mt) of petroleum products, representing 1,387,410,984.2 litres of   fuel just as frozen fish tops import chart for the month of February 2019 with a total volume of 2.463million mt imported.

THE Federal Government has been called upon to liberalise the downstream sector of Nigeria’s oil and gas industry in order to eliminate subsidy, currently incurred in the process of massive fuel importation.

 Ndigbo Unity Forum (NUF), a pan-Igbo socio-cultural group, has lauded the Federal Government and the Nigerian National Petroleum Corporation (NNPC) for the availability of fuel in the South-East during the yuletide.

Residents of Benin have commended the Federal Government for ensuring availability of fuel during Christmas celebration

Department of Petroleum Resources, DPR, yesterday, said it sealed no fewer than 46 fuel stations across Akwa Ibom State that were operating without its licence.

Nigeria  spent N2.582 trillion on fuel importation in nine months, from January to September 2018, rising by 12.9 per cent from N2.289 trillion recorded in the first three quarters of 2017.

ABUJA—PRESIDENT Muhammadu Buhari, weekend, met behind closed doors with Chairman, Senate Committee on Petroleum, Downstream, Kabir Marafa, on measure taken to avert fuel scarcity during the festive season, following the threat by Nigeria Union of Petroleum and Natural Gas Workers, NUPENG.

Distribution of petroleum products, banking and other essential services will be grounded from today as workers in the petroleum, financial, maritime and other sectors of the economy begin a nationwide strike as directed by organized labour.

The National Bureau of Statistics, NBS  says average price paid by consumers for premium motor spirit (petrol) decreased by -0.09 year-on-year and -0.9% month-on-month to N146.80 in July 2018 from N148.10 in June 2018.

Nigerians now have an opportunity to tap into the digital asset economy in order to solve their basic energy needs at very moderate prices.

THE lingering factional crisis between the Benin depot branch of Independent Petroleum Marketers Association of Nigeria, IPMAN, and the Petroleum Tanker Drivers, PTD, has degenerated into a bigger spat that consumers fear could hamper fuel supply in the state.