The Senate Committee on Petroleum (Downstream) has alleged plot by saboteurs in the oil sector to cause scarcity of petrol and return queues at filling stations at Christmas.

Report of a looming fuel scarcity again at this time of the year has come as a bad omen to many Nigerians, given the significance of this period in the life of the nation. The threat by oil marketers under the aegis of the Depot and Petroleum Products Marketers Association (DAPPMA) and the Independent Petroleum…

The threat last week by oil marketers to shut down depots nationwide over unpaid subsidy debts shows that except something is done urgently to settle this matter; the usual fuel scarcity that defines Nigeria could resurface any moment across the country even as people are preparing for Christmas and New Year festivities. The question is…

Nigeria Senate Thursday urged the oil marketers to as a matter of national interest shelve their seven-day ultimatum. The lawmakers also urged the federal government to pay outstanding fuel subsidy arrears to oil marketers within the next two weeks. On Monday, the marketers comprising Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products…

The Nigerian National Petroleum Corporation (NNPC) has dismissed the speculations of an impending petroleum products scarcity in the country. "Providing information on the petroleum products stock level became necessary to dispel suggestions that the threat of strike action by the Nigeria Labour Congress (NLC) would result in a slip into a round of products shortages…

The Nigerian National Petroleum Corporation (NNPC) has assured that there is enough fuel in the country and that there is no need for panic buying of petroleum products by motorists and the public. The corporation disclosed this in a statement issued by Mr Ndu Ughamadu, It’s spokesman, in Abuja, on Friday. This, followed reports of…

Akwa Ibom State government has said the non-availability of petroleum products in the state is a product of artificial scarcity. The state government therefore called on residents not to engage in panic buying. The National Union of Petroleum and Natural Gas Workers of Nigeria (NUPENG) has embargoed supply of petroleum products to the state with…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged lawmakers to supports Federal Government’s intervention measures to end fuel scarcity in the country. The association made the call at the weekend at its Suleja depot. The members had converged to review the assistance offered them by the Petroleum Pipeline Marketing Company (PPMC). They commended…

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has told the Federal Government to “think outside the box,’’ to end persistent fuel scarcity in Nigeria. The President of the union, Mr Igwe Achese, told labour correspondents in Lagos on Friday that government must make a paradigm shift to resolve the energy crisis which…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that scarcity of fuel would persist unless government breaks the Nigerian National Petroleum Corporation (NNPC)’s monopoly of importation and distribution of petroleum products. Western Zonal Chairman of IPMAN, Debo Ahmed, stated this yesterday at a press conference in Ilorin, the Kwara State capital, adding that…

Residents of Port Harcourt, the Rivers State capital, angry at the Federal Government’s failure to address the perennial fuel scarcity in the country, yesterday, yelled and threw stones at officials of the Department of Petroleum Resources (DPR), who were on surveillance visit to some filling stations across the state.  The residents and motorists shouted that…

The effects of the lingering fuel scarcity is not receding in the Capital city of Abuja, and may have even defied every logic, as the city was on Monday, thrown into increasing traffic as motorists spend hours on queues searching for Premium Motor Spirit (PMS).     The Development may be ridiculing a seven-day ultimatum issued…