Fuel scarcity in Nigeria: Obiano Hails Stanel Group’s Steadfastness

Governor Willie Obiano of Anambra State has commended the Chairman of Stanel Group, Mr Stanley Uzochukwu, for fuel availability, accurate metre and for maintaining official pump price of N145/litre in Awka while other stations either have no product or selling above N185/litre in the wake of fuel scarcity in the country. Stanel World, Akwa is…

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Nigerian National Petroleum Corporation Uncovers 144 Trucks of Hoarded Petrol

Security agents and Nigerian National Petroleum Corporation (NNPC) monitoring team have discovered 144 trucks of petrol not streamed by some marketers in Kano. The NNPC Group General Manager, Public Affairs Division, Ndu Ughamadu, made this known in a statement in Abuja on Friday. Ughamadu stated that the team was set up to rapidly end petroleum…

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Ekiti Fuel Marketers Dare NNPC, Adjust Metres above N145 per litre

As against several appeals to Nigerians that the federal government has no plans to increase pump price of petroleum motor spirit (PMS) in the country, many independent fuel marketers in Ekiti state from Wednesday adjusted their pump to prices ranging between N150 per litre to N165 per litre, above the supposed official maximum price of…

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Dangote Plans to Crash Fuel pump Prices in Nigeria

Dangote Refinery currently under construction would save Nigeria $12 billion annual import substitution, create 4,000 direct jobs and crash prices of petroleum products. Mr Babajide Soyode, the Technical Consultant to Alhaji Aliko Dangote, said the project would add value to the economy as it would also create 145,000 indirect jobs. He said that the refinery…

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