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Nigeria: Fuelling Troubles for Jonathan
This Day, 5 March 2015
It was with rapt attention that President Goodluck Jonathan listened to the briefing by Mr Godwin Emefiele on why the Central Bank of Nigeria (CBN) had to unify the foreign… Read more »
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Nigeria: Court Refuses to Compel National Assembly to Pass PIB
Premium Times, 4 March 2015
A Federal High Court in Lagos on Wednesday struck out an ex-parte application seeking an order of mandamus to compel the National Assembly to pass the Petroleum Industry Bill. Read more »
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Nigeria: Fuel Scarcity - Marketers Union Directs Members to Import Petrol
Premium Times, 4 March 2015
The Independent Petroleum Marketers Association of Nigeria on Tuesday directed its members to commence importation of refined petroleum products as the Federal Government had… Read more »
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Nigeria: Fuel Scarcity - FG Pays N30 Billion Exchange Rate Loss to Marketers
Leadership, 5 March 2015
The federal government, yesterday, assured Nigerians that the fuel scarcity would ease up by the weekend, even as major petroleum marketers said they have deployed 495 truckloads… Read more »
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Nigeria: Fuel Scarcity - Nigerian Govt to Pay U.S.$30 Billion Exchange Rate Differentials to Marketers
Premium Times, 5 March 2015
The Minister of Finance, Ngozi Okonjo-Iweala, said on Wednesday that the Federal Government had agreed to pay 30 billion dollars foreign exchange differentials owed to oil… Read more »
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Nigeria: Fuel Scarcity to Ease Weekend - - FG
Vanguard, 5 March 2015
The Federal Government, yesterday, assured Nigerians that the current fuel scarcity witnessed across the country will ease off before weekend, even as major petroleum marketers… Read more »
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Nigeria: Fuel Scarcity Blamed On CBN Policies
Vanguard, 5 March 2015
Operators in the oil and gas sector have blamed the ongoing fuel scarcity witnessed across the country on the Central Bank of Nigeria, CBN's directives to financial institutions. Read more »
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Nigeria: Fuel Scarcity to End By Weekend, Says FG
This Day, 4 March 2015
As major petroleum marketers deploy 495 truckloads of premium motor spirit (PMS) or petrol, popularly known as fuel, with a minimum capacity of 33,000 litres to Lagos and Abuja,… Read more »
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Nigeria: Fuel Scarcity - DPR to Clamp Down Stations Hoarding Petrol
Vanguard, 4 March 2015
The Department of Petroleum Resources (DPR) on Tuesday threatened to clamped down indefinitely any petrol filling station engaged in hoarding. Read more »
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Nigeria: Fuel Scarcity - Payment of Subsidy to Marketers Begins Today - Okonjo-Iweala
Leadership, 4 March 2015
The federal government has given the assurance that it would commence payment of the outstanding N185 billion owed to fuel marketers. It also stressed that there was no reason for… Read more »