Petrol imports remained Nigeria’s main source of fuel supply in 2025, accounting for about 62 per cent of total Premium Motor Spirit (PMS) consumption, even […]
Tag: Fuel
Fuel Scarcity Hits Calabar as Filling Stations Shut Down Over NUPENG Strike
CALABAR — Filling stations belonging to both independent and major marketers in Calabar have shut down operations in compliance with the ongoing strike declared by […]
Fuel Prices Soar Amid Middle East Tensions, Depot Strikes—PENGASSAN Accuses Marketers of Exploiting Nigerians
Amid escalating tensions in the Middle East and growing unrest at home, Nigerians are bracing for a fresh wave of fuel price hikes, with Premium […]
Nigeria Provides Fuel Aid to Niger Amid Crisis, Using It as a Strategic Bargaining Tool
Niger Republic, facing a severe fuel shortage due to a series of diplomatic and economic missteps, has turned to Nigeria for assistance. Despite months of […]
Nigeria’s Fuel Subsidy Debt Hits N7.74tn as Government Works on Repayment Plan
The Federal Government’s debt to the Nigerian National Petroleum Company Limited (NNPCL) for exchange rate differential (subsidy) on Premium Motor Spirit (PMS) has reached N7.74 […]
PENGASSAN Predicts PMS Price Hike Amid Rising Crude Oil Prices and Exchange Rate Challenges
The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has warned that the price of Premium Motor […]
Nigeria’s Oil Marketers Persist with Fuel Imports Despite Domestic Refinery Operations
Despite the commencement of fuel production by the Dangote Petroleum Refinery and the Port Harcourt Refining Company (PHRC) in recent months, Nigerian oil marketers continue […]
Fuel Price Hike Sparks Tensions Between IPMAN and NNPCL, as Nigerians Lament Economic Hardship
The latest hike in petrol prices by the Nigerian National Petroleum Company Limited (NNPCL) has led to a confrontation with the Independent Petroleum Marketers Association […]
Fuel Price Surge: Stations Adjust Prices Nationwide Amid Supply Crisis
Petrol stations across the country have raised their pump prices following the latest hike in supply costs. In the Federal Capital Territory (FCT), major and […]
Fuel Importation Drops as Nigeria Faces Subsidy Removal Fallout
Nigeria has seen a significant decline in petrol imports following the removal of fuel subsidies by President Bola Tinubu in May 2023. According to the […]