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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

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

NERC Report Flags Grid Frequency Breaches as Power Availability Drops to 36% in January 2026
Nigeria Resumes Petrol Importation to Bridge Domestic Refinery Supply Gaps

Latest Stories

NERC Report Flags Grid Frequency Breaches as Power Availability...
Nigeria Resumes Petrol Importation to Bridge Domestic Refinery Supply...
ExxonMobil Acquires FPSO ONE GUYANA from SBM Offshore for...

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