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Fuel Scarcity

  • 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, …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Oil Slips as Traders Brace for OPEC+ Supply Hike, Weaker U.S. Fuel Demand
Egypt Strikes $340 Million Oil and Gas Deals to Revive Declining Output

Latest Stories

Oil Slips as Traders Brace for OPEC+ Supply Hike,...
Egypt Strikes $340 Million Oil and Gas Deals to...
ExxonMobil Criticizes EU’s Climate Strategy, Says High Costs Hurt...

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