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Fuel Scarcity

  • In the NewsOil & Gas

    Fuel Prices Surge Past ₦900 in Abuja as Strike Disrupts Supply

    by Oluwatosin Racheal Alabi October 7, 2025
    by Oluwatosin Racheal Alabi October 7, 2025

    KEY POINTS Nigerians faced yet another hike in fuel prices on Monday as petrol costs soared above ₦900 per litre across filling stations in Abuja, deepening public frustration over rising …

  • In the News

    Deregulation Prevented Fuel Scarcity During Festive Season, Says Lokpobiri

    by Adenike Adeodun December 30, 2024
    by Adenike Adeodun December 30, 2024

    Minister Lokpobiri credits deregulation for preventing fuel scarcity and stabilizing prices during the festive season, ensuring availability nationwide.

  • MarketsOil & Gas

    Fuel Scarcity Worsens as 86 Firms Relinquish Petrol Import Permits

    by Oluwatosin Racheal Alabi October 24, 2023
    by Oluwatosin Racheal Alabi October 24, 2023

    Fuel scarcity in Nigeria is set to worsen as 86 oil trading companies have reportedly surrendered their permits to import Premium Motor Spirit (PMS), commonly known as petrol. This development, …

Latest Stories

  • Mixed Global LNG Outlook Raises Questions as NLNG Pushes Ahead with $10bn Train 7 Expansion
  • ExxonMobil Posts $6.5bn Q4 Earnings as Full-Year Profit Falls to $28.8bn
  • Shell Begins Major Maintenance on Bonga FPSO, Operations to Resume in March
  • Petrol Price Hike Leaves Marketers Struggling to Fund Fuel Purchases
  • AfDB Approves $3.9M Mission 300 Energy Support Project for Nigeria

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Mixed Global LNG Outlook Raises Questions as NLNG Pushes Ahead with $10bn Train 7 Expansion
ExxonMobil Posts $6.5bn Q4 Earnings as Full-Year Profit Falls to $28.8bn

Latest Stories

Mixed Global LNG Outlook Raises Questions as NLNG Pushes...
ExxonMobil Posts $6.5bn Q4 Earnings as Full-Year Profit Falls...
Shell Begins Major Maintenance on Bonga FPSO, Operations to...

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