Fuel Crisis in Nigeria: Ekiti Residents Accuse DPR Task Force of Bribery

..Decry Continuous Fuel Price Hike in the State …Call on Governor Fayose to Step in [dropcap]R[/dropcap]esidents of Ekiti State of Nigeria have decried the continuous sale of fuel across the state above federal government’s official pump price, blaming the Department of Petroleum Resources (DPR) of complicity and corruption. The accusation was made by several callers…

Read More

Nigerian Vehicle Franchisees, Manufacturers Panic,  as Sales Stagnate

MANNY PHILIPSON The persistent decline in sales volume of new vehicles year-on-year could prompt fresh round of rationalization and unprecedented upsurge in the price of new automobiles, stakeholders warned. They are worried that the combined new vehicle deliveries have continued to plunge, from more than 50, 000 units sold in 2014 to less than 10,000…

Read More

4501 Loaded Petrol Tankers Vanish In December

…As NNPC Insists that Fuel Price Remains at N145 per Litre [dropcap]T[/dropcap]he Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru said 4501 petrol trucks were simply untraceable, vanishing from the Nigerian radar, during the biting fuel supply crisis. “Due to massive diversion, hoarding, panic buying and smuggling, coupled with the information…

Read More

Fuel Scarcity: Nigerian Gov. Shut Down Over 80 Petrol Stations

More than 80 petrol filling stations have been shut in Delta state for selling above official price and hoarding. The stations were sealed by Department of Petroleum Resources (DPR), Warri Zonal Office, since fuel scarcity begun in December, 2017. Mr Antai Asuquo, the Warri Zonal Operations Controller, said on Wednesday in Warri that the filling…

Read More